In Qianqing, PC (65/35) 32s yarn prices were up US cents 5 a kg in the second week of February while 45s PC combed yarn prices were up US cents 2 a kg on the week.
In China, blended yarn prices were up back from New Year holidays. With PSF and VSF prices surging PC and PV yarn prices remained firm, although there was no change in cotton prices.
Telangana government will come out with a comprehensive policy to help handloom and powerloom weavers and workers lead a comfortable life, said Chief minister K Chandrasekhar Rao.
He said that adequate funds would be allocated to help the community particularly handloom workers in Siricilla and Pochampally . A policy will be framed for promoting Narayanpet, Gadwal and Pochampally sarees as they enjoy international reputation and demand.
Reliance Industries, owner of the world's biggest refining complex, after the full-scale start-up of its 2.2 million tonnes per year (tpy) paraxylene plant located in western Gujarat state which is currently operating at about 800,000 tpy capacity. The project’s capacity is set to come on stream before the end of this financial year in March. This will halt heavy naphtha exports in 2017/18.
Arvind one of India’s largest integrated textile and apparel companies has launched a new corduroy collection called ‘Neo Cord’, by using the same technology used in denim, this debunks the belief that corduroy is a winter fabric. So Arvind’s Neo Cord can be worn in spring/summer as well.
To display the breadth of colors and effects Neo Cord can achieve, the mill tapped Italian garment finishing company Tonello to wash one fabric six ways using no stone, lazer blaze and other eco techniques.
Wool prices strengthen despite rise in Australian dollar due to which for the past week the overall market rose by US16c. Stronger Australian dollar weighed on the local wool market this week. In Euro terms the market was also much stronger with a rise of 21 Euro cents for the week. Australian producers saw a relatively gentle movement of only plus-3c with superfine Merino continuing to lead the way. Further with buyers continuing to target the better tested lots, the 18 micron and finer rose by as much as 30c.
In a bid to protect the interest of thousands of weavers and artisans of the State, Chief Secretary Aditya Prasad Padhi has directed the Handlooms, Textiles and Handicrafts Secretary Chithra Arumugam to take up GI Registration of unique textile products of the State with the Textile Committee.
Himatsingka Seide, a vertically integrated Home Textile major with a global footprint focusing on the manufacturing, retailing and distribution of Home Textile products, aiming to strengthen its distribution network has incorporated a wholly-owned subsidiary in Europe, namely Himatsingka Europe Ltd, which is registered with the Registrar of Companies for England and Wales on February 17, 2017.
This will help to strengthen the distribution network in Europe," Himatsingka Seide Limited said in a regulatory filing.
The four-day mega expo on textile machinery Dhaka International Textile and Garment Machinery Exhibition (DTG) 2017 is set to kick off at Bangabandhu International Conference Center (BICC) in the city on Thursday.
Bangladesh Textile Mills Association (BTMA) President Tapan Chowdhury addressing a press conference on the upcoming DTG -2017 in the city on Sunday said that the government is going to establish a LNG terminal in Kutubdia Island to supply imported gas to the industry people as the country fears of finishing its natural gas stock in near future.
Two million dinars has been allocated to train about 2,000 women in the textile sector, by virtue of an agreement between the Ministry of Tourism and Handicraft, and the Ministry of Women, Family and Children, said Director-General of the Textile and Carpet Technical Centre Taoufik Mediouni.
Most jute farmers in Bangladesh had no idea of the true value of the versatile natural vegetable fibre. In the past, the jute sticks were only used for cleaning purpose, reports Xinhua. They discovered that the ashes of jute sticks have many applications aside from being used for cleaning kitchen utensils. The ashes, for example, can be used for making dry cell batteries, cosmetics, carbon paper, computer ink and various chemical products.
