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Related Keywords: applied to Government, Bata managing director, Bata Shoe Company, downsizing, Ehsan Zaman, for Bata factory, forced to import textile from Kenya, largest shoe manufacturer in Zimbabwe, not consistent supplies of textiles, permission to import specific quantity, pushed cost of production up, shortage of textile, Zimbabwe Spinners and Weavers

Bata Shoe Company, Zimbabwe’s largest shoe manufacturer in light of the shortage of textile has been forced to import textile from Kenya. Bata managing director, Mr Ehsan Zaman said that they are not getting consistent supplies of textiles for their factory.

The Bata Shoe Company employ around 250 workers at their canvass factory. As the situation is very sensitive for them, the company have applied to Government for permission to import specific quantity and have received positive response.

But this development by Bata Shoe Company has pushed their cost of production up.

Related Keywords: all stages of processing and marketing, Cotton Incorporated and Supima, Cotton USA, global cotton market, Heimtextil, innovation, plans to promote US cotton quality, premium trademark ingredient brand, products made from U.S. cotton, responsible production, trade show for home textiles

COTTON USA is a premium trademark ingredient brand that identifies products made from U.S. cotton through all stages of processing and marketing. COTTON USA plans to promote US cotton's quality, responsible production and innovation at Heimtextil, the world's leading trade show for home textiles to take place on January 10-13, 2017 in Frankfurt, Germany.

Related Keywords: acing deep crisis, cheaper price, deferment of taxes of commercial taxes, Delegation of management representatives, exports raw, finished products to India, illegal import of yarn and twine, jute industry in North Andhra region, seek financial package, sought incentives in power bills, stiff competition from products from Bangladesh

A delegation of management representatives planned to meet Chief Minister N. Chandrababu Naidu for seeking financial package for the jute industry in North Andhra region as it is facing deep crisis due to stiff competition from products from Bangladesh which exports raw and finished products to India at cheaper price. Apart of which illegal import of yarn and twine from Bangladesh is another challenge.

Related Keywords: artificial supply shortage, demonetisation affects cotton arrival, fall in daily arrival, farmers not bringing cotton to mandis, ginning factories, Indian Cotton Federation, inventory accumulating, New cotton arrival in market, prevalence of cash, price of Shankar-6 cotton up, price remain firm, Textile Industry, thrity percent drop in arrivals

Demonetization has affected cotton arrivals in the market as farmers are not bringing cotton to the mandis due to widespread prevalence of cash payments. . There has been a 30 percent drop in arrivals, said Atul P Asher, secretary, Indian Cotton Federation (ICF). Business has come down and only 10% of the ginning factories are operating.

Related Keywords: Bangladesh jute spinning industry, Bangladesh jute yarn, highest quantity of jute yarn, list of export destination, other jute goods, over last one decade, rising global demand for yarn, sluggish business trend, Turkey imports, twenty countries added, witness phenomenal growth

Bangladesh’ s jute spinning industry due to rising global demand for yarn despite having a sluggish business trend in other jute goods has witnessed a phenomenal growth over the last one decade. At least 20 countries have been added in the list of export destinations of Bangladeshi jute yarn in the last one decade.

With the new ones, the product is currently exported to 89 countries. Of the total, 12 countries import a maximum volume of jute yarn, according to Bangladesh Jute Spinners Association (BJSA).

Related Keywords: after reorganisation, facilitate new development activities, in a move to design new structure, meet diverse global needs, polyester fibres and products converting businesses, specialise in aramid fibres business, strengthen and expand, Teijin, Textile and fibre company, textile chain, textile-processing

Teijin, Textile and fibre company to strengthen and expand its competitiveness under a new structure has announced to merge its polyester fibres and products converting businesses in a move designed. Teijin would integrate its industrial-application polyester fibres business and the Products Converting Business Group to form the new Fibers & Products Converting Business Group next April.

Related Keywords: buyers remained in forefront, buying spree, continue to remain firm, cotton bales, cotton prices, moderate trade, official spot rate remained unmoved, Pakistan cotton market, reload stock, seed cotton prices, Spinners

Cotton prices at Pakistan cotton market continue to remain firm on moderate trade on Friday as buyers remained in the forefront of buying spree to reload their stock, according to dealers. The official spot rate remained unmoved at Rs 6300.

In Sindh, seed cotton prices were at Rs 2600-3300, while in Punjab, phutti rates were at Rs 2800 and Rs 3550, as per 40 kg, dealers added.

Related Keywords: bank transfer mode, bring textile worker, faced by textile units, garmenting units, into the banking system, make cashless payments, make payment of wages, Mitigate impact of demonetisation, register details of workers, through unified payments interface, UPI, workers, workers traditionally paid in cash

To mitigate the impact of demonetisation faced by the textile units including garmenting units to make payment of wages to workers, the government has asked textile units to bring the textile worker into the banking system.

The textile units are asked to facilitate, on a “priority basis”, opening of bank accounts for their employees and make cashless payments through unified payments interface (UPI).

Related Keywords: API, Directorate General of Customs and Excise, flood with cheap imported textile products, hitting market with losses, illegal smuggling of used clothes, Indonesia domestic market, Indonesian Textile Association, new policy to support industry, regulate imports

Indonesia domestic market continue to flood with cheap imported textile products hitting the market with losses. The Indonesian Textile Association (API) chairman Ade Sudrajat has urged the government to regulate imports to protect the domestic market from imported textile products and also the illegal smuggling of used clothes.

Related Keywords: buying spree, cotton bales, cotton imports from India, cotton yarn, exporters, KCA, Leading spinners, Pakistan cotton market, phyto sanitary certification, pushing prices higher, rising demand for quality cotton, spot rate rise, Textile Industry, trading activity

Trading activity at Pakistan cotton market witnessed rising demand for quality cotton pushing prices higher on Thursday where leading spinners and some exporters remained in the front of buying spree.

The Karachi Cotton Association’s spot rates saw rise by Rs50, to Rs6,300 per maund (around 37 kilograms).

Buyer remain under panic due to confusion over cotton imports from India and indirect ban based on reports that Indian cotton shipments failed to fulfil phyto-sanitary certification, threatening the $822 million-a-year trade.