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YiwuTex 2016 opened today in China

Related Keywords: China Yiwu International Exhibition on Dyeing, China Yiwu International Exhibition on Knitting and Hosiery Machinery, China Yiwu International Exhibition on Sewing and Automatic Garment Machinery, Finishing and Digital Printing Machinery, ideal souring platform for many enterprises, show grandly opened today in China, Yiwu Tex

The 17th China Yiwu International Exhibition on Knitting & Hosiery Machinery, The 6th China Yiwu International Exhibition on Sewing & Automatic Garment Machinery and “he 3rd China Yiwu International Exhibition on Dyeing, Finishing & Digital Printing Machinery (hereinafter as YiwuTex 2016) the three day show grandly opened today in China.

Commerce Ministry to review all trade pacts to broaden trading opportunity

Related Keywords: analyses of trade data available, broaden the trading opportunities for Pakistani businessmen, Commerce Ministry, expand and remodel to international standards, help provide clear guidelines to policymakers, Pakistan, signatory to FTAs, through multiple means of stake-holders' consultations, to review all trade pacts

Pakistan is a signatory to Free Trade Agreements with China, Sri Lanka and Malaysia and Preferential Trade Agreements with Iran, Indonesia and Mauritius. The Minister for Commerce, Engr. Khurram Dastgir Khan after chairing a high-level meeting in the Ministry of Commerce has decided to begin a thorough review of all the trade pacts through which Pakistan conducts its trade on preferable terms with other countries on a bilateral basis.

ORGANIC’s apparel brand to bear first Fair Trade Certified label

Related Keywords: apparel brand, apparel industry, cotton sourced from Chetna Organic, empower cotton farmers, ethical cotton market, Fair Trade Certified label, fastest growing organic cotton basics brands in US, GOTS, non-GMO organic agriculture, Pact Organic, supply chain

PACT | ORGANIC is all about super soft clothes and putting people first and one of the fastest-growing organic cotton basics brands in the U.S. led by Brendan Synnott. According to CEO Brendan Synnott, PACT | ORGANIC’s mission is to change the apparel industry for good by upholding the high environmental and social standards of Fair Trade USA and the Global Organic Textile Standard (GOTS).

India likely to impose anti-dumping duty on PTA from 5 nations

Related Keywords: below normal value, DGAD, exported to India, impose duties under the multi-lateral WTO regime, jointly filed application, mainly used in textile and packaging industry, MCC PTA India Corp, protect domestic players, Purified Terephthaliac acid, resulted in dumping, RIL, seeking anti dumping investigations

It has been found that ‘Purified Terephthalic Acid’ has been exported to India from China, Iran, Indonesia, Malaysia and Taiwan below its normal value which has resulted in dumping, according to the Directorate General of Anti-Dumping and Allied Duties (DGAD) , under the ministry, in its finding. After, MCC PTA India Corp and Reliance Industries Ltd (RIL) jointly filed an application seeking anti-dumping investigations.

Rise in demand by mills and spinners further improved trading

Related Keywords: buyers rushed to reload stock, cotton bales, Cotton market, deals finalized in both old and new stock, demand by mills and spinners, official spot rate, seed cotton price, TCP, trading activity further imporved

As buyers rushed to reload their stock, the trading activity on the cotton market on Tuesday improved further, dealers said. According to the market, the Trading Corporation of Pakistan (TCP) bought approximately 5600 bales of cotton to the mills at Rs 5885.

The official spot rate remained unchanged at Rs 5,500.

In Sindh, low type of seed-cotton prices rose by Rs 100 to Rs 3100 and better quality was up by Rs 50 to Rs 3250, per 40 kg, while in ready session, over 10,000 bales of cotton changed hands between Rs 5100 and Rs 5885, dealers said.

Pochampally IKAT Art Mela, handloom product exhibition begins at ECIL

Related Keywords: exclusive home textile, Handloom products exhibition, individual artisans creativity, influenced by local traditions and cultures, organized by Pochampally Handloom Park, Pochampally IKAT art Mela, showcased for the Fashion Connoisseurs, silk wear, well-designed hand made cotton

Pochampally IKAT art Mela 2016, a 8-day Handloom products exhibition organized by Pochampally Handloom Park begins at the National Small Industries Corporation (NSIC) Exhibition Center, Near ECIL X Road, Kushaiguda.

The Mela was inaugurated by Pavani, Tollywod Actress by lighting the traditional lamp. On the occasssion she said that it’s glad to see various apparel particularly designer Fabrics, silk and cotton sarees, to be showcased for the Fashion Connoisseurs.

Israeli company Nano Textile invents innovative antibacterial fabric

Related Keywords: apable of permanently prevent bacteria growth, apply anti-bacterial properties to any kind of readymade fabric, both natural and synthetic fibers, clothing industry, cost effective technology, invented unique innovative, Israeli company, Nano Textile, prevent spread of infections, reach to variety of industries, reduce cross contamination

Israeli company Nano Textile has invented a unique innovative and cost effective technology that is capable of permanently prevent bacteria growth on both natural and synthetic fibers which will help prevent the spread of infections acquired in hospitals and reduces cross-contamination between medical staff and patients, thus significantly reducing secondary infections.

MEG price gains in Asia, Europe

Asian MEG prices rose US$7 a ton CFR China and CFR South East Asia in the first week of June.

In China, offers were generally in the range of US$605‐610 a ton while physical spot cargoes were traded at US$603 a ton CFR China from week’s open to US$608-611 a ton.

Mono ethylene glycol prices partially regained previous week’s loss in Asian markets on firm futures and traders' short-covering.

Markets were also buoyed by the late week buying interest as well as other large Chinese futures traders covering their positions.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Paraxylene price moves up across all regions

Asian paraxylene markers were up US$19.67 a ton FOB Korea and up US$20.50 a ton CFR Taiwan/China in the first week of June. Isomer-grade mixed xylenes also rose US$6 a ton FOB Korea.

Paraxylene prices in Asia regained past four weeks prices loss by rising on the week and on weekend as plants in China plan to reduce rates for G20.

Meanwhile, India’s OMPL restarted its plant as rains resumed and water shortage eased. Isomer mixed xylene prices rose on bullish buying sentiment and the spread between PX-MX widened to 1-month high.

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

Business volume witnessed improvement despite slow supply

Related Keywords: cotton bales lying in unsold stock, cotton cultivated area, despite slow supply, lay hands over fine qualiity, meet demand, needy mills and spinners, official spot rate unchanged, Pakistan cotton market, seed cotton price, trading activity witnessed improvement

Despite slow supply, trading activity witnessed improvement on the cotton market on Monday as needy mills and spinners lay hands over the fine quality to meet their demand, said dealers. The official spot rate remained unchanged at Rs 5,500.

According to the market, slow arrivals of seed cotton propelled mills and spinners to make deals at higher rates.

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