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Greek textile industry hit by high energy cost

Related Keywords: become a growth tool for economy, Environment and Energy Minister, facing very serious problem, Greek enterprises, high energy cost, hitting their competitiveness, meeting held between the presidency of Association of Greek Textile Industries, other global markets, series of measures needed to rescue textile industries, SEVK, Textile Industry

Greek enterprises from the textile industry facing very serious problem of high energy cost which is hitting their competitiveness to other global market. For which a meeting was held between the presidency of the Association of Greek Textile Industries (SEVK) and Environment & Energy Minister George Stathakis on Tuesday.

The Association during the meeting, presented a fully-detailed memorandum with the industry’s positions and recommendations over a series of measures needed to rescue textile industries and to become a growth tool for the economy once again.

Pakistan local market witnessed 10.63 percent up in cotton arrival

Related Keywords: cotton arrival, cotton bales, cotton growing areas, local markets, Pakistan Cotton Ginners Association, textile mills cotton exporters, witnessed year on year more than ten percent increase

Cotton arrival in the local markets witnessed year-on-year 10.63 percent increase to 10.634 million bales, according to the Pakistan Cotton Ginners’ Association.

Around 9.717 million cotton bales were so far sold in the local markets as against 8.390 million bales a year ago. Local crop arrival increased in
February as compared to the last year despite torrential rains and flash floods in some cotton growing areas in the country.

VN garment exports to US, Japan has reached $15 bn

Related Keywords: maintain export growth, meet its revenue target, plans to increase shipments, six percent in two markets, US and Japan market, USD thirty billion from exports this year, Vietnam Textile and Apparel Association, Vietnam textile and apparel sector, Vitas

Vietnam textile and apparel sector plans to increase shipments to the US and Japan and maintain an export growth of 6 percent in the two markets to meet its revenue target of $30 billion from exports in 2017, Vietnam Textile and Apparel Association (Vitas) said.

The US and Japan imported garments and textile products worth US$15 billion from Vietnam in 2016. This accounted for 53.5 percent of the garment and textile sector’s export turnover of $28.3 billion last year.

Shima Seiki exhibit its latest advanced knitting machines at DTG2017

Related Keywords: advanced solutions for future market needs, DTG exhibition, exhibiting its latest solutions, in cooperation partner Pacific Associates, leading computerised knitting machine manufacturer, meet current needs of the Bangladeshi market, of Wakayama, operation in Bangladesh, Shima Seiki, WHOLEGARMENT knitting technology

Shima Seiki, leading computerised knitting machine manufacturer, of Wakayama, in cooperation with its partner Pacific Associates operation in Bangladesh since 1996 , is exhibiting its latest solutions to meet the current needs of the Bangladeshi market, as well as advanced solutions for future market needs at the 14th Dhaka International Textile & Garment Machinery Exhibition (DTG 2017).

TEA likely to set up 10 units in proposed Warangal textile park

Related Keywords: allocate a separate block for TEA officials, handloom policies of Telangana Governament, incentives to handloom and powerloom workers, KT Rama Rao, proposed mega textile park, set up ten units, Tamil Nadu, TEA, Telangana IT and Industries Minister, Tiruvuru Exporters Association, visit to Tiruvuru and Palladam Textile parks, Warangal

Telangana IT and Industries Minister KT Rama Rao during his visit to Tiruvuru and Palladam Textile parks in Tamil Nadu met Tiruvuru Exporters Association (TEA) representatives and explained about the handloom policies of Telangana Governament and the proposed mega textile park in Warangal.

Polyester yarn price edges up in India

In Shengze, offers for 32s polyester yarn were stable in the first week of February. In Qiangqing, 32s weaving yarn was offered flat on the week. Offers for spun polyester yarn in Changyi were up as most producers remained down.

In India, the increase in PSF prices were reflected in polyester spun yarn pricing that week. Polyester yarn 30 knit yarn prices inched up INR1 a kg (up US cent 1) in Ludhiana market.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price climbs in Asia, US

Asian PTA prices were up US$12 a ton CFR China and CFR Southeast Asia in the first week of February. The CFR India marker was up US$10 a ton on the week, based on tradable indications. Purified terephthalic acid spot prices increased further as paraxylene contract price for February was finally settled, lending strong support to PTA from the cost side.

After the week-long holiday, the resumption of weaving and knitting operation in China will drive demand. With healthy cost support, PTA markets are expected to stay firm in coming weeks.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

ASF prices dearer in China, stable in India

In China, medium-length fiber and cotton-type staple ASF prices surged US cents 47-141 a kg in the first week of February. Acrylic fibre markets in China saw some domestic majors released monthly settlement prices in advance, leading to a surge in spot prices after the Spring Festival.

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

Acrylonitrile prices surge in US, Europe

In US, acrylonitrile spot rose in the first week of February after feedstock climb as January propylene contract was settled up. Thus, feedstock gains applied upward pressure. US acrylonitrile export assessment rose US$90 a ton FOB USG on the week.

In Europe, short supply with limited imports from US and higher production with propylene rising acrylonitrile spot prices were assessed 7% up on the week. European acrylonitrile spot prices were up US$90 a ton CIF ARA on the week.

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

Tengri to take part in the Material World sustained fashion project

Related Keywords: brings together design, British fashion label, Business, collective movement, environmental activism, ethics, fashion, Gauntlet sweater, individual consumer choice, natural Noble Yarns, selected as one of Selfridges Bright New brand ambassadors, take part in the Material World sustainable fashion project, Tengri Chevron Coat, Tengri is, yak fibre

Tengri is a British fashion label and collective movement that brings together design, fashion, ethics, business, environmental activism and individual consumer choice to do good has been selected as one of Selfridges’ Bright New brand ambassadors to take part in the Material World sustainable fashion project.

The platform aims to advance conversations around developments in sustainable fashion design and retailing, sharing stories of best future-gazing design and production, while honouring the strengths of traditional textile manufacturing practice, in the UK and beyond.

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