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Related Keywords: affected medium sized manufacturers in Ludhiana and Amritsar, current FY, due to slowdown in demand, European Union and the UAE, exploring options, India likely to miss its target of wool and wool-blended exports, main export markets, moderation in commodity prices, set of USD six hundred ten million, the US, Woollen manufacturers

India is likely to miss its target of wool and wool-blended exports set of $610 million for 2016-17 due to slowdown in demand in its main export markets – the US, European Union and the UAE and moderation in commodity prices.

Punjab accounts for 35 percent of the total exports of wool and wool-blended products, followed by Maharashtra and Rajasthan. The slowdown in global demand has affected medium-sized manufacturers in Ludhiana and Amritsar.

In China, FDY70D/24F SD prices rolled over in the first week of March, while FDY40D declined US cents 6 a kg on the week. DTY 70D/24F prices also were up US cents 6 a kg and 30D/10F rose US cents 6 a kg on the week.

Nylon filament yarn markets lacked strength to pick up to relieve cost pressure. Yarn makers kept stable operation while downstream converters consumed inventory, showing demand for nylon yarn. Warp knitting, weaving and AJ covering sectors witnessed smooth demand and operated at 80-90% capacity.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

Asian SE and FE caprolactum prices rolled over in the first week of March while East European goods were stable on the week. Sinopec raised its March contract US$30 a ton from earlier nomination for liquid goods.

Caprolactam prices were stable to down on the back of softening benzene and increased supply. Liquid goods offer in spot market inched up but solid goods edged down. Meanwhile, Sinopec raised its March contract nomination while Fibrant released its nomination for March at similar levels.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

Related Keywords: Bangladesh Ministry of textiles and jute, BJMC, for the state-run Bangladesh Jute Mills Corporation, MOTJ, payment of its different dues, seeks fresh allocation, spent on jute procurement

The Bangladesh ministry of textiles and jute (MoTJ) seeks fresh allocation from the government of over Tk 3.55 billion for the state-run Bangladesh Jute Mills Corporation (BJMC) which will be spent on jute procurement and payment of its different dues, officials said.

Now the state-run entity is operating 26 mills, including three non-jute industries. There are seven mills in Dhaka zone, ten in Chittagong and nine in Khulna.

Related Keywords: Chinese imports below historical levels, cotton prices have maintained a stronger appearance despite concerns about world demand, coupled with reduced exports India, In recent months, lack of exportable supplies in Central Asia, stronger dollar. several bearish indicators are still in place, weakness in other commodity markets, West Africa

In recent months, cotton prices have maintained a stronger appearance despite concerns about world demand, Chinese imports below historical levels, weakness in other commodity markets and a stronger dollar. Although several bearish indicators are still in place, a lack of exportable supplies in Central Asia and West Africa coupled with India’s reduced exports is helping to support current prices.

Related Keywords: an innovation showcase for screen and digital printers, Digital Textiles, FESPA, Graphics, industrial, member of the DIC group, Partnerships and Technology, present its range of four SunTex textile inkjet inks, Sun Chemical will demonstrate its capabilities and expertise within four zones, taking place this May in Germany

FESPA 2017, an innovation showcase for screen and digital printers to take place this May in Germany. Sun Chemical will demonstrate its capabilities and expertise within four zones: Digital Textiles, Graphics, Industrial, and Partnerships and Technology.

Related Keywords: encouraged by the good business climate in the country, Four Turkish textile companies, in advanced talks with the Serbian government, later in March, plan to start investing in Serbia, Trade Minister Raim Ljajic, two Turkish textile companies, wish to open factories in Serbia

Four Turkish textile companies wish to open factories in Serbia for which they are in advanced talks with the Serbian government. Earlier this month, Trade Minister Raim Ljajic said that two Turkish textile companies plan to start investing in Serbia later in March, encouraged by the good business climate in the country.

Related Keywords: amid dwindling cotton stocks, competitive prices, cotton market on Monday. Ginners holding not more than five lakh bales, cotton yarn, higher prices, KCA, next cotton season is more than four months away, quality cotton, Slow trading witnessed, small and medium units, spinner accumulated seasonal cotton needs, spot rate remain unchanged

Slow trading witnessed amid dwindling cotton stocks and higher prices at the cotton market on Monday. Currently, Ginners are holding not more than 500,000 bales. Moreover, the next cotton season is more than four months away.

Many leading spinners have already accumulated their seasonal need of cotton while small and medium sized units are looking for quality cotton at competitive prices.

At the Karachi Cotton Association, its spot rates remained unchanged.

Related Keywords: both in terms of volume and value dipped, Domestic market for cotton yarn, drastic drop in the offtake of cotton yarn by China, export of cotton yarn, hurt the Indian spinning industry, more lucrative than exports, negative growth total exports in India

The domestic market for cotton yarn is more lucrative than exports. This was confirmed by the India’s cotton yarn export numbers released by the Ministry of Commerce and Industry. The data reveals that there was a 1.4 per cent negative growth in India’s total exports during 2016 at $263.93 billion against $267.74 billion during January-December 2015.

Export of cotton yarn, both in terms of volume and value dipped 11.6 per cent and 15.5 per cent respectively during January-December 2016 compared to the corresponding period of the previous year.

Related Keywords: announced the formation of industry centric organization, assist US manufacturers, associated with US produced alpaca fleece, commonly found, focusing on processing activities, marketability, production, profitability, promotion, the alpaca industry is moving forward to produce products, US alpaca fiber, US Alpaca Fiber Council, USAFC

The U.S. Alpaca Fiber Council (USAFC) to assist U.S. manufacturers in production, promotion, profitability and marketability of U.S alpaca fiber has announced the formation of industry centric organization focusing on processing activities associated with U.S. produced alpaca fleece.

The council consists of artisan and commercial mills, agricultural cooperatives and alpaca industry experts that are uniquely qualified to support manufacturers with their alpaca product initiatives.