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Related Keywords: bringing together the yarn industry, coming up in Turkey this February, fourteenth edition, held by Tüyap Fair Organization, in India, International Istanbul Yarn fair, leading exhibition related to yarn and fabric Industry in the world, promoted by Comnet Exhibitions, second biggest fair in the world

The second biggest fair in the world, International Istanbul Yarn Fair, fourteenth edition will be coming up in Turkey this February held by Tüyap Fair Organization and is being promoted by Comnet Exhibitions, in India. This is the leading exhibition related to yarn and fabric Industry in the world bringing together the yarn industry.

Istanbul Yarn Fair, which has become a very successful and comprehensive yarn fair, gathers participants and visitors from 77 countries, and has become the sales and marketing platform steering the global yarn commerce.

Related Keywords: Goods and Service Tax, introduction of GST, may bump up branded apparels prices, require to pay one tax, small and medium players, textile industry may witness inflation, things may fell in place, till third quarter of the financial year

If you like wearing branded outfits then get ready to shell out more on your next shopping as the introduction of GST (Goods and Service Tax) may bump up the price of branded apparels.

As per the Industry experts, they are expecting a tax of 12% GST. But the duties they would now be paying at the manufacturers’ end will be quite high. For worse, the textile industry may witness inflation till third quarter of the financial year in 2017-18.

Related Keywords: block and village level, Coordinators to be appointed on district, depicting cultural heritage of the state, Jharkhand entrepreneurs, lac and traditional, other handicrafts, partake at the Global Fair to be held in Dubai, promote silk, Sakhi mandals and Yuva mandals will be trained to produce things in demand

Jharkhand entrepreneurs to partake at the Global Fair 2018 to be held in Dubai where they will be promoting silk, lac and traditional and other handicrafts depicting cultural heritage of the state.

Related Keywords: explore global markets, fabrics, Indian Textiles Minister, Indo-Bangladesh Multi Sectorial Cooperation International Conference, jute, need to increase business cooperation, promote trade and investments, sectors like textiles, Smriti Irani

Indian Textiles Minister Smriti Irani speaking at the Indo-Bangladesh Multi Sectorial Cooperation International Conference emphasized on the need to increase business cooperation between the two countries, India and Bangladesh.

Both the countries can have business collaborate in sectors like textiles, jute and fabrics to promote trade and investments and to explore global markets.

Irani also talked about promoting textiles tourism and modernizing infrastructure at borders to promote border haats.

Related Keywords: allowed duty drawback of taxes for exporters, allowed for exports GDs, exporter would achieve an increase of ten percent or more, in the current financial over exports, manufacturing-cum-exporting units, Pakistan Ministry of Textile industry, Prime Minister package of incentives

The Pakistan Ministry of Textile Industry under the prime minister's package of incentives has allowed duty drawback of taxes for exporters. The duty drawbacks under this order shall be allowed for exports GDs, filed on or after Jan 16, 2017 to June 30, 2017. Further, duty drawback of taxes under this order shall be allowed for exports GSs, filed on or after July 1, 2017 to June 30, 2018, if the exporter would achieve an increase of 10 percent or more in exports over 2016-17 exports.

Related Keywords: add three new Monforts machines, division of Himatsingka Seide Ltd, double its output of bed linen, embarks upon an expansion, existing line up of four Monforts units, Himatsingka Linens, largest producer of bed linen products

Himatsingka Linens a division of Himatsingka Seide Ltd., counted amongst the world’s largest producer of bed linen products with vertically integrated manufacturing facility. As the company embarks upon an expansion will be adding three new Monforts machines all German built to the existing line-up of four Monforts units that will double its output of bed linen.

Related Keywords: All India Council for Technical Education, contemporary fashion design, garment design, Glasgow Kelvin College, Joint project, opening up new vistas, paisley pattern, Scotland. collaborative training programme, taken up at Government Polytechnic College for Women, UKERI

The programme, a joint project of the All India Council for Technical Education and the U.K. India Education Research Initiative (UKERI), has been taken up at the Government Polytechnic College for Women and Glasgow Kelvin College, Scotland. A collaborative training programme in garment design between India and Scotland is opening up new vistas in contemporary fashion design.

Asian MEG prices leapt US$16 a ton CFR China and CFR South East Asia in the second week of January. In China, offers for nearby-month goods edged up US$10 a ton amid thin transaction. Meanwhile, MEGlobal nominated its February MEG Asian contract price which was US$40 a ton higher from its January nomination.

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 inched up US$3.67 a ton CFR Taiwan/China and FOB Korea in the second week of January. Isomer mixed xylene declined by US$12 a ton FOB Korea on the week.

Paraxylene prices in Asian markets inched up on the week after falling opening the week and recovering in the end as naphtha bounced on Thursday. Thus, the paraxylene--naphtha spread narrowed mid-week. Isomer mixed xylene also fell during the week.

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

Related Keywords: cotton bales, cotton market on Tuesday, cotton traders, official spot rate stayed unchanged, seed cotton prices rise, Sluggish business, textile sector, Trade enchancement package, trading activity remain firm

In the process of sluggish business, trading activity remain firm at cotton market on Tuesday, dealers said. The official spot rate also stayed unchanged at Rs 6500.

In Sindh, seed cotton prices were at Rs 3100-3450, while in Punjab, phutti rates were at Rs 3100 and Rs 3650, as per 40 kg. In the ready session, over 3,000 bales of cotton changed hands between Rs 6400 and Rs 6750.

According to expers, cotton traders welcomed issuance of the SRO and hoping for better outcome of incentives given to revive the textile sector.