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Related Keywords: challenges faced likely to exacerbate, conducted with EU member states, country’s decision to leave the EU, exporting to countries particularly in east of the continent, free trade helped to support textiles recycling industry, large proportion of UK’s business, Textile Recycling Association, UKs domestic used textiles sector

The challenges facing the UK’s domestic used textiles sector likely to exacerbate with the country’s decision to leave the European Union, as a large proportion of the UK’s business is conducted with EU member states with free trade having helped to support the textiles recycling industry when exporting to countries particularly in the east of the continent, according to Textiles Recycling Association director Alan Wheeler.

Related Keywords: against dilution of mandatory jute packaging, Commission on Agricultural Costs and Prices, dilution of food grain packaging, do away with mandate for sugar, expecting bumper jute crop this season, Jute Commissioner office, set to recommend to Centre, to seventy five from ninety percent

The Commission on Agricultural Costs and Prices wants dilution of food grain packaging to 75% from 90% and is keen to do away with the mandate for sugar from 20% currently. But the Jute Commissioner's (JC) office expecting a bumper jute crop this season is all set to recommend to the Centre against dilution of mandatory jute packaging expecting a bumper jute crop this season.

The JC forecasts jute production during the current season to be in excess of 90 lakh bales.

Related Keywords: cotton producing countires, heavy buying witnessed, helped cotton prices recover recent losses, KCA, meet near future needs, needy spinners, Pakistan cotton yarn, pushed cotton prices higher, ready counter, ready market trend, rushing back to replenish their stock, spot rate

With needy spinners rushing back eagerly to replenish their stocks to meet their near-future needs, heavy buying was witnessed which helped cotton prices to recover recent losses. The steady flow of buying pushed cotton prices higher on ready counter.

Also fear of disruption in phutti (seed cotton) supply from cotton fields into ginneries owing to expected heavy rains in the coming days generated buying activity.

Related Keywords: economically and diplomatically, four-nation tour of Africa, lends credit line to Kenya, other smaller industries, part of a policy push to make India more global player, Prime Minister Narendra Modi, revive The Rift Valley Textile Industry, Rivatex, via Export Import Bank of India

Prime Minister Narendra Modi who is on a four-nation tour of Africa that is part of a policy push to make India a more global player, economically and diplomatically on Monday extended a $45 million credit line to Kenya via India’s Export Import Bank (Exim Bank) to revive The Rift Valley Textile Industry (Rivatex) and other smaller industries.

Modi during a news conference with Kenyan President Uhuru Kenyatta said that India is Kenya's largest trading partner and the second largest investor here. There is a potential to achieve much more.

In China, semi-dull FDY70D/24F prices rolled over in the last week of June while FDY40D were flat on the week. Nylon DTY 70D/24F prices remained unchanged while 30D/10F were stable during the week. Nylon staple fiber 1.5D prices were steady while monofilament 30D prices were flat on the week.

Nylon filament yarn prices rolled over on the back of firm nylon chip and caprolactum cost, with low‐end prices goods less available. With cautious operation intentions and weak buying interest, sales and production were still under pressure amid off-season.

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

Asian markers, the SE and FE remained flat in the last week of June. In China, offers for liquid spot rolled over while solid goods offers were up US$30 a ton on the week.

Sinopec further raised its June nomination which was up US$15 a ton from last week for liquid goods.

Caprolactam prices stayed firm that week on the back of range‐bound raw materials benzene cost while demand was still weak. Run rates of polymerization units were down and inventory level was down to 7 days’ worth.

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

Related Keywords: CBEC, chemical being dumped into India, DGAD, duties imposed under multi-lateral WTO regime, imports of the chemical from the five countries, imposed import restrictive tax, Indian revenue department, on chemicals used in textile industry, Purified terephthalic acid, to protect domestic manufacturers, unjustified increase in cost of products

The Revenue Department on recommendations of the Directorate General of Anti-Dumping and Allied Duties (DGAD), has imposed import restrictive tax on chemicals (Purified Terephthalic Acid) used in textile industry for five years, said a notification of Central Board of Excise and Customs (CBEC).

The imports of the chemical from the five countries (China, Iran, Indonesia, Malaysia and Taiwan) will attract anti-dumping duty in the range of USD 83.08 per tonne to USD 168.76 per tone, to protect domestic manufacturers.

Related Keywords: has given bulk order for weaving fabric, process and print the grey cloth, school uniform of various government schools across the State, school uniforms would be made by powerloom weavers of 55 MACS, State government. provide employment to powerloom weavers of Sircilla textile town, TSCO to dye, within sixty days in three phases

The State government to provide employment to powerloom weavers of Sircilla textile town has given bulk order for weaving 1.11 crore metres fabric worth Rs.45 crore for school uniform of various government schools across the State within 60 days in three phases.

Earlier governments had promised to provide employment to distressed weavers, especially when the powerloom sector was in crisis in 2001. In a first, the weavers are given a bulk order now.

Related Keywords: Cotton market, cotton prices, expected rise in phutti supply, may pick up in coming days, official spot rate unchanged, participants busy exchanging Eid greetings, post holiday sesssion, rates may not move up sharply, remained firm, trading activity

Prices at the cotton market remained firm during the post holiday session on Saturday, dealers said. According to the market sources, holiday mood persisted as almost all participants were busy in exchanging Eid greetings.

The official spot rate was unchanged at Rs 5,800, while in Sindh and Punjab, prices of seed cotton were at Rs 2700-3100, per 40 kg, respectively.

In ready business, around 1000 bales of cotton changed hands between Rs 6050 and Rs 6100, dealers said.

Related Keywords: cotton corporation of India, fluctuations in cotton and yarn prices, hike in the cost of yarn, Hosiery manufacturers, hosiery manufacturers increase products price by ten percent, impose restrictions of cotton and yarn exports, mechanism needs to be developed, stop releasing any stock of cotton to traders, supply cotton, Union government

Hosiery manufacturers in the aftermath of frequent fluctuations in cotton and yarn prices want the Cotton Corporation of India to not only stop releasing any stock of cotton to traders but they are also looking forward to the Union Government for imposing restrictions on the export of cotton and yarn.

Due to the hike in the cost of yarn supplied to them, the hosiery manufacturers had to increase the price of the products by 10 percent.