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Related Keywords: contracted to import about fifteen lakh bales, from West Africa and the US, Imported cotton appears to be attractive due to better yarn realization, Jump in cotton prices in the country, landed costs on par with prevailing domestic market price, productivity and quality, spurt in import contract, textile mills have started importing cotton

With the jump in cotton prices in the country, there is a spurt in import contract as textile mills have started importing cotton from West Africa and the US as the landed costs are on par with the prevailing domestic market price.

Cotton prices have gone up by Rs 6,000 per candy (a candy is 355kg) or 15.8% since November. Price of the popular Shankar-6 cotton had on an average increased by Rs 2,500 per candy in the past two months and is now trading at Rs 44,000 per candy.

Asian MEG prices declined US$23 a ton CFR China and CFR South East Asia in the second week of March. In China, prices went down US$45 a ton early during the week.

Mono ethylene glycol prices declined on the week on weak downstream demand as polyester producers skipped buying on ample supply. Meanwhile, traders were heard halting short-selling. Iran's Farsa Chimie plans to restart its 450,000 ton a year MEG plant in Assaluyeh by end March, after it remained shut since mid-February.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene prices dived US$50 a ton CFR Taiwan/China and FOB Korea in the second week of March. Isomer-grade mixed xylene declined US$43 a ton FOB Korea on the week.

Paraxylene prices were driven down in Asian markets amid continuing free-fall in sentiment affected by heavy pressure from bearish futures markets. Upstream isomer-grade mixed xylene also fell week on week in line with lower upstream and downstream markets. Falling crude oil prices further added to the pessimistic market sentiment.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: California company turns spider silk, come up with a limited edition woven tie, difficult to obtain in quantity, elasticity and lightweight quality, into wearable material, known for its toughness, making use of biotechnology, material bearing such qualities, silk woven by spiders

A California company turns spider silk into wearable material by making use of biotechnology, to come up with a limited-edition woven tie. The material bearing such qualities is difficult to obtain in quantity.

It is true that a person can wreck a spider web with the flick of a hand. A strand of that web, however, is just three-thousandths of a millimetre in diameter, scaled up to a full millimetre that strand could trap a helicopter like the proverbial fly in the spider’s web.

Related Keywords: arrested a major revenue setback, as per official data, bedwear exports increased, Cotton cloth exports decreased, during this period, Exports of readymade garments rose, first eight months of the current fiscal year, improvement in exports from value-added sector, Knitwear exports remained almost flat, Pakistan textile exports declined

Pakistan textile exports in the first eight months of the current fiscal year of 2016/17 declined by 1.74 percent to $8.214 billion as improvement in exports from value-added sector arrested a major revenue setback during this period, as per official data.

According to Pakistan Bureau of Statistics (PBS), textile exports fetched $8.359 billion for the country during the corresponding period of the past fiscal year.

Related Keywords: aims to increase overseas participation, an international business to business media group, bring new buyers and suppliers to Shenzhen., division of the Tarsus Group, Hometex Home Textiles Fair in Shenzhen, into a more internationalised trade show, plans to develop recent acquisition, Tarsus Asia

Tarsus Asia, a division of the Tarsus Group, an international business-to-business media group with interests in exhibitions, conference, publishing and online media has announced its plans to develop its recent acquisition, Hometex Home Textiles Fair in Shenzhen, into a more internationalised trade show.

Related Keywords: at an information and fashion-forward presentation, exclusive opportunity to experience and interact, Indian wool industry manufacturers, Merino wool fabrics, part of the spring summer edition, partners, unveiled recent innovations and developments in wool, Wool Lab Sport, Woolmark Company

Indian wool industry manufacturers and partners for the first time had an exclusive opportunity to experience and interact with The Wool Lab Sport, a part of the spring/summer 2018 edition, where the Woolmark Company unveiled its most recent innovations and developments in wool at an information and fashion-forward presentation here.

The Wool Lab Sport is the foundation for cutting-edge active wear and showcases latest innovative, commercially available Merino wool fabrics, a perfect mix for performance and at leisure apparel.

Related Keywords: amid dwindling stocks, cotton market on Tuesday, Karachi Cotton Association, kept its spot rates unchanged, lower exports of cotton yarn, preparations of the new crop, Slow trading activity continued

Slow trading activity continued on the cotton market on Tuesday amid dwindling stocks and lower exports of cotton yarn. The Karachi Cotton Association kept its spot rates unchanged at Rs6,800/maund (37.324kg) and Rs7,288/40kg.

Ex-Karachi rates also stood firm at Rs6,935/maund and Rs7,433/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: a UK manufacturer of custom designed, acquired Griffith Textile Machines, based in Sunderland, deal consolidates a long standing relationship between the two companies, design excellence and technical innovation, formerly known as Bonas Griffith, manufacturer of textile machinery, Ulster Carpets, wool-rich Axminster carpets and area rugs

Ulster Carpets, a UK manufacturer of custom designed, wool-rich Axminster carpets and area rugs has acquired Griffith Textile Machines, formerly known as Bonas Griffith based in Sunderland, a manufacturer of textile machinery. The deal consolidates a long-standing relationship between the two companies.

The acquisition kick starts the second phase of Ulster Carpets' proposed £35m investment drive.

Related Keywords: display latest garment, equipment for business management and development, more than thousand businesses from Vietnam, Saigon Tex, sponsored by the Ministry of Industry and Trade and VINATEX, textile and dyeing machines and equipment, twenty four countries to participate, Vietnam Saigon Fabric and Garment Accessories Expo, will open next month

The Vietnam Saigon Fabric & Garment Accessories Expo (Saigon Tex 2017) sponsored by the Ministry of Industry and Trade and VINATEX will open next month. The event is expected to attract more than 1,065 businesses from Vietnam and 24 countries including China, India, Hong Kong, Indonesia, Malaysia, Singapore, Thailand, Japan, the Republic of Korea (ROK), Thailand, Pakistan, Canada, Belgium, France, Germany, Italy, the Netherlands, the UK and the US.

On display will be latest garment, textile and dyeing machines and equipment, and equipment for business management and development.