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Related Keywords: Dongheng Group, expands digital capabilities, finished textile products, invest in six colour PIKE digital textile printers, low printing cost, production beginning in first quarter of next year, scheduled for installation in Jiangsu, specializing in production of dyed, SPGPrints, supplying to fashion industry

Dongheng Group,(DHG) in Changzhou, Jiangsu province (near Shanghai), China specializing in the production of dyed and finished textile products supplying to the fashion industry has invested in six colour PIKE digital textile printers from SPGPrints. The PIKE printer is scheduled for installation in Jiangsu in Q4 2016 with production beginning in Q1 2017.

DHG wanted to expand its digital capabilities for a variety of reasons. First, it needed to offer greater service flexibility, meeting customer demands for both high-quality, short runs and faster lead-times.

Related Keywords: cotton belt, Hovering fears of further rise in rates, make forward buying, official spot rate went up, Pakistan cotton market, propelling mills and spinners, Punjab phutti prices gained, sharp rise in rates, short supply, Sindh seed cotton prices higher, sporadic rains

Sharp rise in rates seen on the cotton market on Tuesday, due to short supply and sporadic rains in some parts of cotton belt. In Sindh seed cotton prices were higher by Rs 50 to Rs 3250 and Rs 3400 and in Punjab, phutti prices gained Rs 100 to Rs 3250 and Rs 3400 per 40 kg, respectively, dealers said.

The official spot rate also went up by Rs 150 to Rs 6,600.

According to cotton analyst, Naseem Usman, mills and spinners have no choice just to buy cotton even at higher prices. Hovering fears of further rise in the rates is propelling mills to make forward buying.

Related Keywords: boost competitiveness of domestic industries, exempted from import duty, Gerbang Teknologi Cikarang, Goods can be stored for three years, GTC, import-related taxes, Imported cotton has found new home, launched first logistics storage center, local textile industry, PLB, reduce dwell times at seaports, secure cotton

Gerbang Teknologi Cikarang (GTC) seeing rise in the number of clients accessing the logistics storage center (PLB) to purchase cotton, from Cikampek located close to the dry port to Bandung some 112 kilometers away has launched its first logistics storage center (PLB) to supply raw material for the local textile industry. Imported cotton has found a new home in the West Java city of Cikarang.

The company said that the new storage center would help local businesses secure cotton in a more affordable way, since most of the commodity for local use was still stored in Malaysia.

Related Keywords: boosting research, brand-building, create closed production chain, expand export markets, fashion industry, focus on developing domestic market, home to six industrial zones, hừa Thiên-Huế Province, into textile and garment hub, modern wastewater treatment systems, plans to transform, product design, with fifty textiles and garment enterprises

The central Thừa Thiên-Huế Province plans to transform itself into a textile and garment hub in the country’s central region for which the province to spend more than VNĐ6.6 trillion (US$295 million) during the 2016-2020 period. The transformation will make the province, home to six industrial zones, with 50 textiles and garment enterprises.

Related Keywords: combined with other Lycra brand technologies, consumer value, fit and support, INVISTA, Outdoor retailers summer market, owner of Lycra brand, roll out next generation of Lycra Sport technology, scientifically engineered to deliver exceptional comfort, stretch active wear, stretch technology of LYCRA fiber

Invista, one of the world’s largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications and also the owner of LYCRA brand will begin the roll-out of the next generation of LYCRA SPORT technology at the Outdoor Retailer Summer Market in Salt Lake City, Utah, between August 3 to 6, 2016.

Related Keywords: applied to set up manufacturing units, Chinese company, delegation of industrialists to meet, four national level companies, interest to invest, proximity of US Nagar to neighbouring, State Industrial Development Corporation of Uttarakhand Limited, surplus ground table water, textile industry of Uttarkhand, Uttarkhand textile park

A Chinese company has evinced interest in investing Rs600 crore in 35 acres in the textile park at Sitarganj in Udham Singh Nagar in the state. This is likely to help the textile industry of Uttarakhand take a major growth.

According to experts, surplus ground table water in Sitarganj and proximity of US Nagar to neighbouring countries like Nepal and China have attracted industrialists to the textile park. Another advantage is its border with Uttar Pradesh and good transportation facility to other parts of the country.

Related Keywords: acrylic yarn exports of India, acrylic yarn exports worth, man-made fibre yarn exports of India, polyester yarn exports of India, polyester yarn exports worth, polyester yarn import in Turkey, polyester yarn markets for India, spun yarn exports of India, spun yarns export worth, viscose yarn exports of India, viscose yarn exports worth, viscose yarn import in Belgium, viscose yarn markets for India

100% man-made fibre yarns export from India was valued at US$20.76 million in June 2016, up 35.9 per cent YoY while volumes were at 7.82 million kg, up 40.5 per cent as compared to the same month last year. The total volume comprised 2.93 million kg of polyester yarn, 3.81 million kg of viscose yarn and 1.07 million kg of acrylic yarn.

Asian MEG prices fell US$10 a ton CFR China and CFR South East Asia in the third week of July. In China, offers for nearby-month goods were pegged stable, and counter offers were steady. Bonded goods and forward-month were US$5 a ton higher over nearby-month goods.

Mono ethylene glycol prices in Asian markets fell on bearish outlook and profit taking. Traders sold H1/H2 August swaps as Futures declined on Huaxicun exchange following a brief respite from falling spot prices.

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 were up US cents 17 a kg in the third week of July and CFR Taiwan/China was unchanged from previous week. Paraxylene prices were flat to marginally up in Asian markets on weak demand.

Downstream PTA plants in China were running at 50-60% while G20 summit in September will curb output further. Isomer-grade mixed xylene prices also fell on the week despite edging up week end on firmer September demand.

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

Related Keywords: Bangladeshi rich cotton heritage, Bangladeshi textile and apparel industry, better understand cotton, contamination, cotton-made garments, delegation from Cotton USA, designers, elegant and trendy fashion show held, raw cotton sourcing, top leading textile groups, US and Global Cotton Outlook seminar, US cotton growth, world cotton supply

At the US and Global Cotton Outlook seminar, a delegation from Cotton USA were introduced to Bangladeshi textile and apparel industry leaders. The delegates at the seminar made a presentation on world cotton supply, US cotton growth, contamination, bale, and packaging that would help cotton stakeholders to better understand cotton while making raw cotton sourcing decisions.