News Tags

In Qianqing, PC (65/35) 32s yarn prices were down US cent 1 a kg in the last week of August while 45s PC combed yarn prices were stable on the week. 32s PV (65/35) rolled over during the week.

Blended yarn prices were generally stable taking cue from minor changes in manmade fibre prices while cotton prices still edged lower. Manmade fiber prices in China were relatively stable with polyester flat and viscose rising mildly on the week. However, import prices were still below domestic prices for blended yarns.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Related Keywords: Cotton a natural and renewable fiber, COTTON USA will promote US cotton, fashion industry supply chain at its exhibit, global cotton market developments, leading way in responsible cotton production practices, offer sourcing support, Texworld to be held in Paris, US cotton producers

At Texworld to be held in Paris from September 12-15, 2016, in Hall 2 F137, COTTON USA will promote US cotton and offer sourcing support to the fashion industry supply chain at its exhibit. Cotton is a natural and renewable fiber, and the US cotton producers are leading the way in responsible cotton production practices.

COTTON USA will be also providing visitors with comprehensive background information on responsibly-produced US cotton, global cotton market developments, the findings of current market and consumer studies, and its ongoing Licensing, Marketing and Sourcing Programmes.

Related Keywords: associated value chains, carding and felting, drying, Industrialization ministry and Swakara Board of Namibia, plan to commission feasibility study, process as much as tonnes of wool, scouring, setting up of wool processing plant, study expected to cover wool processing such as grading, Swakara wool industry, upgrading of manufacturing capacity

The industrialization ministry and the Swakara Board of Namibia plan to commission a feasibility study on the setting up of wool processing plant in Namibia which could process as much as 360 000 tonnes of wool. The study is expected to cover wool processing such as grading, scouring, drying, carding and felting.

The study will also determine the number of Swakara sheep, and a minimum acceptable farm-gate price for raw wool in Namibia comparative in southern Africa, amongst other things.

Related Keywords: announced by the Centre last month, Bangladesh pay zero duty, exporters can take advantage, garment exporters from India, new special advance authorization scheme, organize a nation-wide drive, pay import duty of five percent in the EU, special advance authorization help bridge gap, spread awareness, The Apparel Export Promotion Council

The Apparel Export Promotion Council is organizing a nation-wide drive to spread awareness about the new special advance authorization scheme announced by the Centre last month, so that all exporters can take advantage of it, said Ashok Rajani, Chairman, AEPC.

The garment exporters from India pay on an average an import duty of five percent in the EU when countries such as Bangladesh pay zero duty, the additional reimbursement in the form of the special advance authorization will help to bridge the gap. In the US, the import duty on garments range from nine percent to 20 percent.

Related Keywords: desi jeans, eventually spread wings to Europe and the US, factories in Bangladesh and Africa to start, include jeans and office wear, launch an apparel brand, Paridhaan, Patanjali brand ambassador, planning to go global, Yoga televangelist Baba Ramdev

Yoga televangelist Baba Ramdev whose bearded and saffron-robed image as the Patanjali brand ambassador dots billboards across the country, to launch an apparel brand, Paridhaan, which will include jeans and office wear. Ramdev is also planning to go global with factories in Bangladesh and Africa to start with and eventually spread wings to Europe and the US.

Related Keywords: ahead of Eid-ul-Azha holidays, amid strong demand from spinners, cotton bales, Cotton market, Cotton prices remain firm, due to increase in supply of Phutti, keen to replenish their stocks, long-time, official spot rate stayed unchanged, prices halted decline, prices of cotton, seed cotton prices, under pressure

Cotton prices remain firm amid strong demand from spinners, who were keen to replenish their stocks ahead of Eid-ul-Azha holidays at cotton market on Friday, dealers said. The official spot rate stayed unchanged at Rs 5,850. Some brokers said that after a long-time, prices halted decline.

In Sindh, seed cotton prices were at Rs 2800-3050 and in Punjab rates of Phutti were at Rs 2500-2900, as per 40 kg, they said. In ready business, around 15,000 bales of cotton changed hands between Rs 6000 and Rs 6100, dealers said.

Related Keywords: decide to stop selling Egyptian cotton sheets, donate the sheets currently on shelves, investigation found the Indian textile giant, made by Welspun, not guarantee products legitimate, offer customers refund, purchased products, Wal-Mart Stores Inc., Welspun India Ltd

Wal-Mart Stores Inc. after its investigation found the Indian textile giant, Welspun India Ltd couldn’t guarantee the products were legitimate has decided that it would stop selling Egyptian cotton sheets made by Welspun.

Wal-Mart spokeswoman Marilee McInnis said that Welspun has not been able to assure them the products are 100% Egyptian cotton, which is unacceptable.

Related Keywords: closing stock for cotton season projected, cotton corporation of India, creating a buffer stock, India, largest producer of cotton, leading to forced imports at high prices, lowest in five years, NITMA, strong exports, thirteen lakh bales

India, the largest producer of cotton but its closing stock for the 2016-17 cotton season (October-September) is projected at 13 lakh bales (a bale is 170 kgs), the lowest in five years. The country doesn't have sufficient surplus cotton however strong exports are leading to forced imports at high prices at end of the season. Hence their core advantage is getting eroded, said Sanjay K Jain, chairman, Northern India Textile Mills' Association (NITMA).

Related Keywords: delegation met hief Minister Harish Rawat, Delegation of Chinese Textile Company, expressed interest in setting up textile industry, in Sitarganj Pase-II industrial estate in Uttarakhand, investment to the tune of Rs six hundred crore, provide employment, rebate in land, single window system, Zhejiang Daoqin Textile Co Ltd

A delegation of Chinese Textile Company, Zhejiang Daoqin Textile Co Ltd has expressed interest in setting up of a textile industry in the Sitarganj Pase-II industrial estate in Uttarakhand state for which it would be making investment to the tune of Rs600 crore. In this connection, the delegation of Chinese textile company met Chief Minister Harish Rawat.

Zang Chain, Charlee Yang and Lee Guambri from M/S Zhejiang Daoqin, Textile Co Ltd along with Uttarakhand Chief Secretary Shatrughan Singh, SIDCUL managing director R Rajesh Kumar and other senior officials attended the meeting.

Related Keywords: committed to collecting used clothes, develop required technologies, give them second life, H&M Foundation, HKRITA, into new fabrics and yarns, nonprofit arm, recycle blended textiles, Swedish retailer, teamed up with HongKong Research Institute of Textiles and Apparel

H&M Foundation, the Swedish retailer’s nonprofit arm which has committed to collecting used clothes in stores in an effort to keep them out of landfills and give them a second life has teamed up with the HongKong Research Institute of Textiles and Apparel (HKRITA) to develop the required technologies to recycle blended textiles into new fabrics and yarns.

The four-year partnership aims to create a commercially viable and scalable technology that can be licensed widely to ensure broad market access and maximum impact.