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Related Keywords: affect garment export sector, carded hosiery yarn, consumption of yarn from mills, cotton prices cooling off, increase in hosiery yarn prices, lose competitiveness in global market, SIMA, TEA, Tirupur garment makers

Garment makers in Tirupur have urged textile mills in their region to drop the move on increasing prices of hosiery yarn as cotton prices are cooling off. Cotton prices have come down by Rs 2000 per candy (about 355kg) and in this scenario, the inclination of mills to increase cotton yarn prices will totally affect the Tirupur garment export sector, said A Sakthivel, president, Tirupur Exporters' Association (TEA).

Hosiery yarn prices, which were ruling at Rs 216 per kg in April, are now quoting at around Rs.250 per kg after three rounds of price increases.

Related Keywords: AEPC, central value added tax, CMAI, existing stocks continue with MRP tag, garment retail shops, Garment retailers in India, Made ups, new stocks come only with fixed price tag, retail price over thousand rupees, shifting from maximum retail price regime, to fixed price regime, two percent levy of excise duty on garments

Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after Union Finance Minister Arun Jaitley, while announcing the Union Budget 2016-17, announced a 2% levy of excise duty on garments and made ups with retail price of over Rs 1,000.

Related Keywords: cotton second most important crop, cutting edge technology, Industrial Development Corporation, mobilise and invest, Mulungushi Textiles officially opened, rehabilitation of textile plant, resuscitate cotton industry, revival of textile firm

PRESIDENT Edgar Lungu noting that time had come for the country to embark on a crusade of embracing value addition and revival of the textile firm was set to meet aspirations, yesterday Mulungushi Textiles was officially opened.

Mulungushi Textiles is expected to earn the country much needed foreign exchange and also will create more than 20,000 jobs in the next five years.
Speaking when he opened the textile yesterday, President Lungu said that the revival of the industry would also increase the cotton value chain and expand exports to boost the country’s economy.

Related Keywords: and chemical and dyes segments, business-to-business exhibition, Carpet machinery, digital printing, event for textile and textile engineering industry, focus on clean and green technology, India International Textile Machinery Exhibition, ITME, spinning, testing and measuring equipment, waste water recycling and technology, weaving

The tenth edition of India International Textile Machinery Exhibition (India ITME 2016), a six day event for the textile and textile engineering industry in India to be held in Mumbai in December, will focus on clean and green technology. Unlike previous editions of the exhibitions, where spinning was the main attraction, this year, participants are occupying two halls to display machinery related to the weaving sector.

Related Keywords: Chichibu Meisen type of Japanese silk fabric, expand opportunities for textile, Hogushi-nassen weaving and dyeing, Japanese silk fabric, organize tour to visit local producers, other businesses, patented method. textiles are finished mostly plant patterns, producers of meisen silk textile, seeking collaboration, unique technique, world famous

Japanese silk fabric is world famous and Chichibu Meisen is a type of Japanese silk fabric, that is characterized by its unique technique called Hogushi-nassen weaving and dyeing, is a patented method. The textiles are finished with iridescent luster in mostly plant patterns which is a characteristic feature of the textiles, which once took the world of women's fashion by storm. Producers of Chichibu-meisen silk textiles are seeking collaborations with other businesses to expand opportunities for the textile.

In China, semi-dull FDY70D/24F prices were up US cents 3 a kg in the third week of July while FDY40D were up US cents 8 a kg. Nylon DTY 70D/24F prices rose US cents 3 a kg while 30D/10F rolled over on the week. Nylon staple fiber 1.5D prices up US cents 10 a kg while monofilament 30D prices were stable during the week.

Nylon filament yarn prices marched higher to cover existing losses amid firmer raw materials. Yarn makers cut operating rate while buyers made marginal replenishment, contributing to better demand/supply balance.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

Asian caprolactum markers, the SE and FE were up US$20 a ton in the third week of July which ended on 22nd July 2016. In China, offers for liquid spot were up US$50 a ton while solid goods offers also rose US$50 a ton on the week. Sinopec raised its July nomination which was up US$35 a ton for liquid goods while Fibrant’s July nomination were stable for liquid goods.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

Related Keywords: apparel exposition, Bangladesh RMG sector, fashion designers, help reduce dependence on foreign manpower, important sector in the economy of Bangladesh, initiatives of creating skilled and trained manpower, need for making skilled manpower, secure top position, sustain development of RMG sector

Industries Minister Amir Hossain Amu addressing an inaugural ceremony of the three-day apparel exposition arranged by the country`s fashion designer in the capital’s National Museum auditorium on Sunday said that Bangladesh will soon secure the top position in the world in Ready Made Garments (RMG) sector.

The RMG sector is a very important sector in the economy of Bangladesh and now stands second position in exporting RMG.

In the programme, he underscored the need for making skilled manpower to sustain the development of Ready Made Garments sector of the country.

Related Keywords: dyes and surfactants, Dyestuff Manufacturers, Dyestuff Manufacturers’ Association of India Awards, Exports of Dyestuffs, Huntsman Textile Effects, Huntsman Textile Effects’ Baroda manufacturing facility, manufacturing polyurethane systems, manufacturing textile chemicals, textile dyeing, textile dyestuffs, Textile Effects Division, Textile Industry, Textile industry in India, textile innovation, textile manufacturing facilities

The Textile Effects division of Huntsman Corporation (NYSE: HUN) has been selected as the overall winner in the 2016 Dyestuff Manufacturers’ Association of India Awards (DMAI) 2016 for recognition of “Excellent Performance in Exports of Dyestuffs by a Large Scale unit ”. Huntsman Textile Effects also won the category for “Excellent Performance in Safety & Hazards Control by a Large Scale unit”. The awards recognize the outstanding contribution of Huntsman Textile Effects in supporting environment, health and safety and sustainability for the textile industry.

Related Keywords: doubled, engaged in recycling of post consumer PET bottle waste, from virgin and recycled polyester, Ganesha Ecosphere, increase installed capacity, into RPSF, manufacturers of greige and dyed, recycled polyester staple fibre, setting up another production line, texturised, twisted yarns for knitting, weaving applications

Ganesha Ecosphere, manufacturers of greige and dyed, texturised, doubled and twisted yarns for knitting and weaving applications, from virgin and recycled polyester. They have decided to increase its installed capacity by setting up another production line of Recycled Polyester Staple Fibre (RPSF).

The company plans to increase the capacity of its unit situated at Temra, Bilaspur, Rampur district in the state of Uttar Pradesh by 21,000 tons per annum (TPA), making consolidated RPSF capacity of the company to 1,08,600 TPA.