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Related Keywords: Comprehensive Powerloom Cluster Development Scheme, developed by Erode Textile Mall Ltd, integrate two hundred twenty five wholesalers in its fold, link buyers across country, new way to industrial and customer developing approach, one-stop platform for all textile goods market, TexValley, TexValley market promotion, Union Ministry of Textile

TexValley is one-stop platform for all textile goods market and new way to industrial and customer developing approach developed by Erode Textile Mall Ltd., under the Comprehensive Power loom Cluster Development Scheme of the Union Ministry of Textiles. On the June 9, it will integrate 225 wholesalers in its fold.

The day will be marked by a ceremony to hand over keys to the leading wholesalers in the presence of T.L. Balakumar, Deputy Director and Officer In-Charge, Regional Textile Commissioner's Office, Coimbatore.

Related Keywords: Africa Fashion Week Nigeria, build export capacity, capacity to provide jobs, create a massive economic base of micro, economic benefits for Nigeria, fashion industry, gathering industry experts, industrial base, promote creativity and individualism, small and medium scale enterprises, textile and garment manufacturing conference

The textile and garment manufacturing conference will open in Lagos to kick start Africa Fashion Week Nigeria 2016 (AFWN 2016). This conference will be held on the 1st of July 2016 at The Eko Hotel Lagos, the first ever conference of its kind, gathering industry experts together under one roof, to deliberate on ways of maximizing the potentials within the fashion industry for greater economic benefits for Nigeria.

Asian MEG prices fell US$17 a ton CFR China and CFR South East Asia in the last week of May.

Mono ethylene glycol prices in Asian markets continued the downtrend, falling on the week due to negative outlook, falling July futures on Huaxicun and massive sell-offs in H1, H2 June swaps.

In China, MEG market was range bound at low levels that week, with average price down from previous week.

In Europe, MEG prices were stable despite Shell outage giving mixed sentiment from production and fall in Asian markets.

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 down US$9.50-10.00 a ton FOB Korea and CFR Taiwan/China in the last week of May. Mixed xylene cargo offers were down US$8-9 a ton FOB Korea on weaker downstream market and there were no bids.

Paraxylene prices slipped on the week and on weekend in Asian markets as weakness in both upstream and downstream which continued to pressure prices.

June Asian contract prices were nominated much higher than the dwindling spot numbers. The spread between FOB Korea mixed xylene and CFR Taiwan/China paraxylene marker narrowed down.

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

Related Keywords: development financier, Ethiopia readymade garment sector, H&M supports with expert knowledge, Industry group DBL, receive boost with establishment of textile factory, sustainable textile production, Swedfund

One of the most prioritized industrial sectors of Ethiopia - the ready-made garment sector will receive a boost with the establishment of a textile factory in the country by the development financier Swedfund and the industry group DBL.

Anna Ryott, Managing Director at Swedfund said that they have managed to form a unique partnership in Ethiopia with deep professional knowledge in every part of the process in order to fulfill the high sustainability requirements.

Related Keywords: center to further expand Liberian country cloth textile industry, construct in Kolahun, funding from Government of Japan, furnished with modern equipment, including power looms, industrial hand looms and polishing machines, Lofa County, Ministry of Commerce and Industry in Monrovia, modern textile production center, Rural Industrial program

A modern textile production center to be constructed in Kolahun, Lofa County will be undertaken through its Rural Industrial program for the Promotion of Economic Empowerment with funding from the Government of Japan, according to the Ministry of Commerce and Industry in Monrovia.

The project titled the Lofa Women Weaving Center is intended to promote the Ministry’s inclusive growth agenda by supporting the advancement of local production to fostering Small and Medium Enterprise (SME).

Related Keywords: affected by severe tropical cyclone Winston, delayed deliveries, Garment industry in Fiji, high absenteeism of staff, mainly works on cut, major employer, make and trim basis, operate hit due to power outages, orders lost inability to supply on time, returning to normality, source of export revenue, TCF Council

The garment industry in Fiji mainly works on cut, make and trim (CMT) basis is a major employer and an important source of export revenue. More than 40 garment companies operate in Fiji, 15 of which are based in the Western Division.

The garment sector in the Western Division is returning to normality after having hit by severe tropical cyclone Winston, said Textiles, Clothing and Footwear Council of Fiji (TCF) president Kaushik Kumar.

In China, semi-dull FDY70D/24F prices rolled over in the last week of May while FDY40D fell US cents 4 a kg.

Nylon DTY 70D/24F prices declined US cents 4 a kg while 30D/10F prices fell US cents 8 a kg during the week.

Monofilament 30D prices were down US cents 4 a kg while 1.5D staple fiber edged down US cents 3 a kg on the week.

Nylon filament yarn prices hovered at low positions on the back of firm nylon chip and caprolactum values. In the downstream, some fabric makers made replenishment as they lacked new orders, leading to slow liquidity.

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

In China, offers for liquid spot rose US$15 a ton in the last week of May while solid goods offers were flat on the week.

Asian markers, the SE and FE markers rolled over during the week. Sinopec reduced its May contract nomination by US$80 a ton for liquid goods.

Caprolactum prices bounced back that week on moderate demand and reduced supply resulting from operating rate cuts. However, benzene cost eased sharply as prices fell across regions.

Demand for caprolactum rose slightly as run rates at polymerization units were maintained above 70% amid poor inventory level.

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

Related Keywords: Apparel textile sourcing show, ATSC direct response to market demand, Canadian partners, Chinese suppliers eager to do business, connect with worlds major apparel and textile manufacturers, fills significant gap in Canadian market, first of its kind event for the nation, for Canadian apparel and textile importers, make debut in Canada, retailer

Canada will be providing an unprecedented platform for apparel and textile manufacturers across the globe by hosting the Apparel Textile Sourcing Show (ATSC) – a first-of-its-kind event for the nation.

Jason Prescott, CEO of JP Communications, parent-company to TopTenWholesale.com and Manufacturer.com and organizer of the event said that the introduction of ATSC is a direct response to market demand and fills a significant gap in the Canadian market.