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Related Keywords: account for more than eighty percent of national exports, Bangladesh Garment Manufacturers and Exporters Association, Bangladesh witnesses slowdown in apparel shipments, decline in consumption in the West, fall of the euro against the US dollar, the Brexit issues, the US elections, UK is the third largest export destination for Bangladesh

Bangladesh witnesses slowdown in apparel shipments that account for more than 80 percent of national exports due to a fall of the euro against the US dollar as well as the Brexit issues, the US elections and a decline in consumption in the West, said Siddiqur Rahman, president of Bangladesh Garment Manufacturers and Exporters Association.

Rahman said that the UK is the third largest export destination for Bangladesh. But exports to this destination began declining due to Brexit that took place in June last year.

Related Keywords: against limited stocks, Cotton prices surged, cotton stocks are reducing day by day, ginners striving to get highest prices, Indian cotton prices recorded, Karachi cotton exchange, short supply, slack demand from mills, slower exports, spot rates remained unchanged, strong buying from spinners

Cotton prices surged on Wednesday on the back of strong buying from spinners and short supply. At Karachi Cotton Exchange, spot rates remained unchanged.

The spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained intact at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: Growth in wool demand predicted, increase domestic consumption, largest producer and exporter, luxury woollen textiles, major international markets, more strong in China, pushing wool demand in China, woollen clothing and textiles

Increase domestic consumption of luxury woollen textiles is one of the factor to push growth in wool demand in major international markets and China, the world's largest producer and exporter of woollen clothing and textiles. In China, the growth in wool demand is predicted to be more strongly.

Senior ABARES economist Dr Caroline Gunning-Trant in her analysis presented at ABARES Outlook 2017 said that the continuing growth in wool demand has led to increase in price of wool in Australian dollars since 2014.

In China, medium-length fiber and cotton-type staple ASF prices remained firm in the last week of February.

Acrylic staple fibre prices remained range bound across Asian markets during the week on support of rising acrylonitrile sentiment. In China, producers mulled to hike list prices at the end of the week. However, cost pressure was still lingering, seeing acrylonitrile cost on the upswing. Downstream demand was sound, as some converters have not stocked up adequate raw materials.

In India, ASF prices rolled over but producers were planning to raise the prices.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Asian acrylonitrile prices increased US$30 a ton CFR Far East Asia and Southeast Asia in the last week of February. In China, offers for offshore cargoes were flat while Indian ACN prices rose US$20 a ton on the week.

Acrylonitrile prices in Asian markets were driven up again by tight supply and high propylene cost. Shanghai Secco shuts its plant for turnaround from 20 February 20 to 25 March for maintenance.

In China, spot prices continued to climb after one major announced monthly settlement higher, which fueled spot again and players were expecting further hikes.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: do business with the Trump regime, erious troubles lie ahead on trade and investment fronts, indicates not going to be easy for India, overall textile and apparel sector, Trade Policy Agenda unveiled by Trump administration, US will come down on India’s export subsidy programmes

The 2017 Trade Policy Agenda unveiled by the Trump administration indicates that it is not going to be easy for India to do business with the Trump regime. The serious troubles lie ahead on trade and investment fronts. This document ominously states that the US will come down on India’s export subsidy programmes, and push for a stricter regime for intellectual property rights and patents.

Related Keywords: announced that Nantong Teijin, eco-friendly material, fitty products, Intertextile Shanghai Apparel Fabrics, leading exhibitions for apparel fabrics and accessories, post-processed materials, showcase nearly three hundred material, Spring edition, Teijin technology-driven group, textile manufacturing and sales company, to take place this March

Intertextile Shanghai Apparel Fabrics–Spring Edition 2017, one of the world’s leading exhibitions for apparel fabrics and accessories, to take place this March. Teijin is a technology-driven group has announced that Nantong Teijin, the group’s textile-manufacturing and sales company based in Nantong, China, will participate in the exhibition.

Related Keywords: Abu Dhabi National Exhibition Centre, Arab Carpet and Flooring Expo, carpet buyers, carpet industry, cotton in New Zealand, fabric suppliers, flooring industry, hand-made carpet, Iranian carpet knotters, Iranian cotton, textile market, textile suppliers

Arab Carpet and Flooring Expo along with Yarn and Fiber Expo in 2017, will run for the second time, and have the objective of providing a set of world-class international events in the symbolic city of Abu Dhabi at the award-winning Abu Dhabi National Exhibition Centre (ADNEC) venue.

Abu Dhabi is the symbolic and chosen city for these events due to the presence of the Sheikh Zayed Grand Mosque which owns the world's largest hand-made carpet and has truly world-class flooring.

Related Keywords: business talks, comprised of designers from many nations, fashion industry, featured two creative entrepreneurs, grow to citywide celebration, innovation, LFW next season, London Fashion Week Festival, originating from Baltic States, show about creativity, showcased international creative potential of Baltic designers, styling and shopping

The London Fashion Week Festival is a show about creativity, innovation, business talks, styling and shopping. This year’s London Fashion Week (LFW) Autumn/Winter 2017 comprised of designers from many nations, and featured two creative entrepreneurs originating from the Baltic States that showcased the international creative potential of Baltic designers.

Related Keywords: capacity to support US silk production, completed planting first two thousand mulberry trees, fresh mulberry leaves, Kraig Biocraft Laboratories, leading developer of spider silk based fibres, process of assessing needs for additional mulberry trees, Texas location. trees will be used to supply US recombinant spider silk operations

Kraig Biocraft Laboratories, a leading developer of spider silk based fibres, is now in the process of assessing its needs for additional mulberry trees having completed planting first 2,000 mulberry trees at its Texas location. These trees will be used to supply the company’s US recombinant spider silk operations with fresh mulberry leaves.

The company expecting harvesting these leaves to begin in the third or fourth quarter of this year It will also make a decision regarding additional plantings later this year.