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Related Keywords: agreement will give market access, EFTA members, India, iron out differences related with the pact, mid January, resume talks on long-stalled proposed free trade agreement, several sectors from India, such as textiles and chemicals. four-nation bloc will visit New Delhi, trade gap

India and the EFTA members to resume talks on the long-stalled proposed free trade agreement, the agreement is important as it will give market access to several sectors from India such as textiles and chemicals. Senior officials of the four-nation bloc will visit New Delhi in mid January to iron out differences related with the pact, an official said.

The four European Free Trade Association (EFTA) members are - Switzerland, Iceland, Norway and Liechtenstein.

Related Keywords: against twenty percent, announced unique terms and conditions, benefit of MSME textile units, between Gujarat and Tamil Nadu, from Cotton Corporation of India, opt for coastal movement of bales, paying only ten percent deposit money, procuring fully pressed cotton bales, uniform free days, union textile ministry, yield considerable savings

Union Textile Ministry has announced unique terms and conditions for procuring fully pressed cotton bales from Cotton Corporation of India (CCI) for the benefit of MSME textile units. A total of 26 textile association and almost the entire cotton based textile industry in the region has thanked the Ministry for the new scheme.

In China, medium-length fiber and cotton-type staple prices generally rolled over in the second week of December, but were down US cent 1 a kg due to weak Yuan.

Acrylic staple fibre prices remained stable, despite some softness seen in due to US$ strengthening. Participants were generally bullish about market future, so producers kept stable offers ahead of the lunar New Year in China, and are possible to raise their indications after the Spring Festival. Although downstream demand was weak with the market cooling down, it remained steady overall.

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

Asian ACN prices declined US$70 a ton in the second week of December while Southeast Asia fell US$75 a ton on the week. In China, offers for offshore cargoes were down US$70-80 a ton on the week.

Acrylonitrile prices caved in although feedstock propylene and crude oil values were up that week. Downstream demand was stable as acrylic fibre prices held stable, and suppliers ran at 75% capacity. ABS sentiment held firm on cost support, with domestic producers generally offering at stable rate. Acrylamide prices remained steady.

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

Related Keywords: brand new real-time monitoring system, daily routine, developed T-DATA, even on the go., installations and accessories, leading textile machinery manufacturer from Germany, man-made fibre, nonwovens, provides management, solid data, specialist in machines, spinning preparation, spinning processes, Trützschler

Trützschler, a leading textile machinery manufacturer from Germany, specialist in machines, installations and accessories for spinning preparation, the nonwovens and man-made fibre has developed T-DATA a brand new real-time monitoring system in spinning processes that provides management with solid data for the daily routine, even on the go.

Related Keywords: Bangladeshi knitting specialist, entered into a partnership, help improve yield and productivity, Huntsman Textile Effects, Huntsman will support Viyellatex mills, optimise processes, streamline operations, train technical staff, Under partnership and collaboration agreement, Viyellatex Group

Huntsman Textile Effects, a provider of high quality dyes and chemicals, has entered into a partnership with Bangladeshi knitting specialist Viyellatex Group, one of the leading multi-dimensional business conglomerates with spinning, knitting, dyeing, accessories and printing facilities.

Related Keywords: bad shape, central government, concern of environment issue, converted into grant, court ordered to closure of all dyeing units, effluent treatment plant, first ever ZLD projects, interest free loan, made huge investments, on performance of CETPs, revive Tirupur dyeing industry, sanctions Rs two hundred crores, severe financial crisis

The Central government sanctions Rs. 200 crores to revive the Tirupur dyeing industry which has been in bad shape ever since the court ordered to closure of all dyeing units in concern of the environment issue due to which the Tirupur Dyeing industry made huge investments in the first ever ZLD projects putting them in a severe financial crisis and is on the verge of closure.

Related Keywords: assist coordination and connection, costs of logistics account, domestic textile enterprises, ministry of industry and trade, Ministry of Transport, nearly one-third of the costs of each textile product exported, reduce costs and improve competitiveness, Vietnamese textile industry, work together with logistics service providers

The Vietnamese textile industry to reduce costs and improve competitiveness, the domestic textile enterprises should work together with logistics service providers. The costs of logistics currently account for nearly one-third of the costs of each textile product exported, so the Vietnamese garment sector could save more than US$1 billion per year by reducing this cost, according to experts.

Nguyen Tuong, Vice Chairman of the Vietnam Logistics Association, said that the textile industry needs to import raw materials from abroad and export products to foreign markets.

Related Keywords: assure work for three hundred days, bring back glory to ailing traditional sector, coming with a revival package, Directorate of Handlooms and Textiles, handloom, initial phase, Kerala state government, rope in traditional weavers

Kerala state government has come out with a revival package to bring back glory to its ailing traditional sector, Handloom. According to officials with the Directorate of Handlooms and Textiles, some 3,400 traditional weavers to be roped in during the initial phase will be assured work for 300 days.

The traditional weavers, who had been forced to go in search of greener pastures owing to lack of work and poor wages, would be wooed back and cooperative societies that closed shop would be persuaded to resume functioning.

Related Keywords: causing decline in rates, cotton bales changed hands, Cotton market, cotton prices modestly down, ginners reluctant in new purchasing, official spot rate down, quality was not matching, ready session, Trading activity slowed down

Trading activity slowed down as ginners were reluctant in new purchasing because quality was not matching with their psychological levels causing decline in rates on the cotton market on Tuesday, dealers said.

The official spot rate after maintaining a stable trend for a long time came down modestly, shedding Rs 50 to Rs 6200. In Sindh, seed cotton prices were at Rs 2600-3250 while that in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.