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Related Keywords: all textile units across the value chain, demonetisation, except handloom, government, jute, Khadi, made it mandatory, move post demonetization, MSMEs, provide data on production, register online, Textile Industry

The Government has made another move post demonetization.They have made it mandatory for all textile units across the value chain, except handloom, khadi and jute, will have to register online and provide data on production.

While the registration will be one-time, production details should be shared by the units every month. Units can do this online from their premises or make use of the infrastructure available at the Regional Offices of the Textile Commissioner or powerloom service centres.

Related Keywords: artistic ability. KPWI, community to preserve, Ende East Nusa Tenggara, fashion show, handwoven and naturally dyed, Indonesian traditional fabrics, initiated exhibition, inspired by nature, integral part of Southeast Asian cultures, organize ikat cloth auction, promote ikat textile, raise awareness of unique style, textile museum, Textiles

Textiles have long been an integral part of Southeast Asian cultures since they are the physical manifestation of each society’s beliefs, traditions, aesthetics, and artistic ability. KPWI, a community dedicated to preserving Indonesian traditional fabrics, to promote ikat textile from Ende East Nusa Tenggara initiated an exhibition at the Textile Museum in South Jakarta on Wednesday.

In Shengze, offers for 32s and 45s polyester yarn were up in the last week of November. In Qiangqing, offers for 32s weaving yarn were flat on the week. In US$ term, they were up US cents 2-3 a kg on the week, due to strong Yuan.

Polyester yarns offers in Shengze market picked up amid moderate enquiries and selling sentiment and did not see notable improvement. There was huge uncertainty about the sentiment in the future, thus players held heavy wait-and-see stance. They did not have too much interest to stock up huge raw materials too.

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

Asian PTA prices inched up US$4 a ton CFR China and CFR Southeast Asia in the last week of November. Purified terephthalic acid prices inched up in China on the week while they were stable in other Asian markets.

In India, domestic polymer and polyester demand was been hit since the government's demonetization policy sparked a drop in retail goods sales, impacting converters and the traders who supply them.

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

Related Keywords: boost exports, bring down cost of production, demand ten percent export incentive, eight months, GAN, garment factories operational, implement No work, international market, Nepali domestic apparel manufacturers, Nepali garments eighteen percent more expensive, No pay provision, on total export value, through supplementary budget

The Nepali domestic apparel manufacturers have demanded the government to provide 10 percent export incentive on total export value through the supplementary budget, which according to them, is a must to bring down their cost of production and to boost exports of Nepali apparels. As Nepali garments are up to 18 percent more expensive in the international market as compared to garments from other countries due to higher cost of production.

Related Keywords: automation, changing technologies, clothin sector, Deputy Minister of MoLISA, Globalisation and technology revolution, improve workforce skills, labour force to grow, major growing production sector, posing increasingly greater challenges, risk of losing job, skills need in labour market, Textile, top priority for Vietnam, Vietnam economy

Globalisation and technology revolution are posing increasingly greater challenges for Vietnam’s economy, as the country’s labour force will grow from 55.5 million on 2016 to 62 million in 2025, said Deputy Minister of MoLISA Đào Hồng Lan. Hence improving workforce skills has become a top priority for Vietnam.

Vietnam will have to address to the changing technologies and skills needs in the labour market, with the changing nature of work in the era of technology, when many low-skilled workers will be at risk of losing jobs due to automation.

Related Keywords: announces two new innovation hub, digital textile printing industry based in Italy, For. Tex and F.lli Robustelli, Italy. Epon, join Epson’s established Textile Solution Center in Como, pioneer of digital textile printing, Printing Research Centre, Seiko Epson Corporation, vision to reate a worldwide hub

Seiko Epson Corporation a pioneer of digital textile printing, announces two new innovation hub which will join Epson’s established Textile Solution Center in Como, Italy. With the opening of the new facilities, Epon, For. Tex and F.lli Robustelli have realized their vision to create a worldwide hub for the digital textile printing industry based in Italy.

Related Keywords: Abubakar Bello, calls on Indonesian investors, cash on abundant high quality cotton, establish textile manufacturing, Indonesian Ambassador to Nigeria, Mr Harry Purwanto, Niger State governor

The Niger State governor, Abubakar Bello at a meeting on Wednesday with the Indonesian Ambassador to Nigeria, Mr Harry Purwanto, at his office in Minna, the state’s capital called on Indonesian investors to establish textile manufacturing to cash on the abundant and high quality cotton in the state.

Governor Bello assured the Indonesian business community of advantageous business environment that would guarantee profitable return on their investment.

In China, ASF prices rolled over in the last week of November. Acrylic staple fibre prices generally rolled over as market transaction remained stable. Currently, inventory level was low and supply in China may tighten somewhat given the maintenance plan of Shanghai Petrochemical next week. Downstream demand was still sound, so ASF market was still active.

Although run rate was seen at a high level, market fundamentals were still balanced with the help of favorable demand. Upstream ACN values were slightly firm.

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

Asian ACN prices fell US$10-11 a ton CFR Far East Asia in the last week of November while Southeast Asia moved down US$10 a ton.

Acrylonitrile prices in Asian markets fell on the week on sluggish demand despite higher upstream propylene costs. Demand in Southeast Asia was mute. In China, spot prices retraced up later that week, after majors announced monthly settlements at high level to prevent further price drop.

In US, spot acrylonitrile was steady week on week as demand was stable but supply remained tight with expectations of tightness may ease in near future.

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