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Related Keywords: cotton market recorded only two transactions, Ex-Karachi rates also decreased, Karachi Cotton Association, Karachi cotton exchange, season end trading at low prices, season is nearing end, slow trading, spot rates decreased

Slow trading seen at the Karachi Cotton Exchange on Tuesday, while spot rates decreased Rs50/maund to Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also decreased to Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

The cotton market recorded only two transactions of around 1,400 bales at the price in between Rs6,900 and Rs6,925/maund. Rahimyar Khan’s 1,000 bales were traded at Rs6,900 to Rs6,925/maund and 400 bales of Sadiqabad exchanged hands at Rs6,925/maund.

Related Keywords: apparel sector, brings existing sustainable cotton initiatives, clothing brands, Coalition, Cotton 2040, encourage use of sustainably sourced cotton, industry stakeholders, led by internationally sustainability non-profit Forum, offers consulting services, support from the philanthropic arm of Dutch apparel maker C&A, the C&A Foundation

The coalition, called Cotton 2040, led by the internationally sustainability non-profit Forum for the Future that offers consulting services, with support from the philanthropic arm of Dutch apparel maker C&A, the C&A Foundation, brings together existing sustainable cotton initiatives, industry stakeholders and clothing brands to encourage the use of sustainably sourced cotton in the apparel sector.

Related Keywords: ABFRL, Aditya Birla Fashion and Retail Ltd, and style, better designs, branded garments market, cater to youth segment, colours, for a period of five years, high end markets, launch a new line of Khadi products, launch in metros starting this October, major initiative to bring Khadi, MSME, partnered with KVIC, under brand Peter England

After textile and apparel maker Raymond announced the launch of its Khadi label—Khadi by Raymond on Monday. Aditya Birla Fashion and Retail Ltd (ABFRL), formerly known as Pantaloons Fashion, on Tuesday partnered with Khadi and Village Industries Commission (KVIC), ministry of micro, small and medium enterprises (MSME) for a period of five years, to launch a new line of Khadi products under the brand Peter England. The collection named ‘Khadi by Peter England’ will be launched in the metros, starting October 2017.

Related Keywords: achieve, Brückner, Brückner Machinery, cooperation with system supplier and tenter producer, European leader in the production of finished Knits, new effects with knitted fabric, TINTEX TEXTILES, tread new paths in the worldwide competition

TINTEX TEXTILES, SA affirms itself as European leader in the production of finished Knits in Tencel/Lyocel has recently taken an important step towards the future by deciding to tread new paths in the worldwide competition. Oriented towards the future Tintex sought the cooperation with the system supplier and tenter producer BRÜCKNER and together they worked out a unique solution to achieve completely new effects with knitted fabric. The test productions are taking place and Tintex won already a prize with fabric produced on the new line.

Related Keywords: association roped in experts and stakeholders, begun an effort to mentor some farmers, cotton bales, Cotton ginners in Maharashtra, cotton seed varieties, Gujarat commanded a higher price, improve productivity of cotton, improvement in productivity, produce better quality and quantity of cotton, rose to more than fifteen quintals

Cotton ginners in Maharashtra to improve productivity of cotton after they discovered that cotton from Gujarat commanded a higher price last year around this time had begun an effort to mentor some 40 farmers in 10 talukas of Jalgaon district, resulted in 50-70% improvement in productivity. The yield that was usually 8-10 quintals rose to more than 15 quintals.

Related Keywords: daura suruwal, Demand for dhaka garment products, demand relatively high abroad, Dhankuta based entrepreneurs, exported dhaka garments, growing in international market, production of Dhaka textile and garments, Rajganga Dhaka Factory, saris and kurtas, the national dress of Nepal, UK biggest export market

Demand for dhaka garment and textile products is continuously growing in the international market as the result the confidence of Dhankuta-based entrepreneurs involved in the production of garments made from dhaka has been going up these days. Dhankuta is a district located in the eastern Nepal, is home to around three dozen small and cottage enterprises engaged in production of Dhaka textile and garments.

Related Keywords: Japan is a major textile importing country with almost 97% of their textile requirement being sourced through imports in which India accounts for just 1.24% and hence it is looking to expand its share of the Japanese textile market by getting its governme

Japan is a major textile importing country with almost 97% of their textile requirement being sourced through imports in which India accounts for just 1.24% and hence it is looking to expand its share of the Japanese textile market by getting its government to pitch in and help Indian exporters by improving the testing standards and better understanding the requirements of their customers.

Related Keywords: Buyers made deals for better grades of lint, Cotton market, Karachi Cotton Association, Karachi Cotton Exchange normal trading was witnessed, mills and spinners bought cotton of all qualities, premium prices, spot rate remain intact, Trading activity remained firm, trading session

Trading activity remained firm at the cotton market as mills and spinners bought cotton of all qualities at around Rs 6,675 per maund to Rs 6,725 per maund during the trading session, dealers said. Buyers made deals for better grades of lint on premium prices, as more than 9,000 bales changed hands.
The Karachi Cotton Association (KCA) spot rate remained intact at Rs 6,800 per maund.

Related Keywords: bloc trade partners, coming into force early next year, EVFTA, expected to expand its markets, learn rules and roadmap, local enterprises, order to better access the market, reduce tax to zero percent, tariff reductions, use materials imported from the EU, Vietnam garment and textile sector, Vietnam-EU Free Trade Agreement

With Vietnam-EU Free Trade Agreement (EVFTA) comes into force in early 2018, Vietnam’s garment and textile sector is expected to expand its markets as it will be reducing tax to zero percent on its garments and textiles exported to the EU.

European experts proposed local enterprises learn the rules and the roadmap for tariff reductions in order to better access the market, especially those regarding product origin to make use of opportunities offered by the pact..

Related Keywords: both countries need to work together, by creating, Current Trends in Textiles, Harsh Vardhan Shringla, Indian High Commissioner to Bangladesh, organized by Grasim Industries Ltd, strengthening cross border value chain, technical symposium, to tap the benefits of global textile industry changes

The Indian High Commissioner to Bangladesh Harsh Vardhan Shringla speaking at a technical symposium on “Current Trends in Textiles” organized by Grasim Industries Ltd (Aditya Birla Group) in Dhaka on Monday night said that both countries India and Bangladesh need to work together to tap the benefits of global textile industry changes by creating and strengthening cross border value chains.

At present, the manufacturing is “increasingly” shifting to countries in South and Southeast Asia due to the cost advantages offered.