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Site for textile park at Padalur finalized

Related Keywords: after witnessing several impediments, already successfully set up a mini textile unit, entrepreneurs expressed desire to set up their units, Export-oriented units, indicating scope for textile park, making readymade garments will come up, production of yarn, SIPCOT, Textile park planned to set up at Padalur finalized

The site for the textile park planned to be set up at Padalur, on the Tiruchi – Chennai National Highway has been eventually finalized after witnessing several impediments in its initial three years.

The site is to come up on an area of 40.35 hectares — 36.79 hectares of government poramboke land in the Padalur village and 3.56 hectares government poramboke land in Irur village. The park is located at a distance about one km from the Tiruchi – Chennai National Highway and an approach road is planned to be laid at an estimate of Rs. One crore.

Bangladesh weaves long trade ties with India

Related Keywords: association with high commission of India, Dhaka organizing fair, display their latest range of textile items, establishing mutually beneficial business tie, leading Indian manufacturing, SRTEPC, Synthetic and Rayon Textile Industry gaining momentum in India, titled Intexpo Bangaldesh, two-day exhibition on Indian textile

In the wake of the Synthetic and Rayon Textile Industry gaining momentum in India, the The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India in association with High Commission of India, Dhaka is organizing the fair tilted Intexpo Bangladesh 2016 at Pan Pacific Sonargaon hotel.

Mashiur Rahman, economic affairs advisor to the Prime Minister, is expected to inaugurate the exhibition. Vice-Chairman at SRTEPC Srinarain Aggarwal disclosed details about the event at a press conference in a city hotel.

Ichalkaranji textile units get relaxation in TUF scheme deadline

Related Keywords: claiming subsidy for upgradation of technology, deadline till end of June, get extended opportunity to submit applications, Ichalkaranji second largest textile hub of the state, industrial unit, textile city of Kolhapur district, textile operators will get five percent subsidy, textile units of Ichalkaranji, under TUF scheme

The textile units of Ichalkaranji, the textile city of Kolhapur district, get an extended opportunity to submit applications for claiming subsidy for upgradation of technology in their industrial unit. Under the technology upgradation fund (TUF) scheme, the textile operators will get a 5 % subsidy.

Pashmina shawl gets its status back

Related Keywords: ancient trade is threatened, Animal and Sheep Husbandry department of J&K, cheap imitation flooding local markets, duplicate items available from Amritsar, initiated incentive schemes, major charms of kashmir, Pashmina shawl, Pashmina shawl industry, Pashmina weavers, woven on handlooms from wool hand-spun

For centuries the Pashmina shawl has been one of the major charms of Kashmir. But with cheap imitations of these Pashmina shawls flooding the local markets, the ancient trade is threatened. So the Animal and Sheep Husbandry department of J&K has initiated some incentive schemes among nomads of Kargil and Ladakh region.

Uttarakhand govt plans to set up three textile parks

Related Keywords: mega textile policy, rebate on the land price, state capital subsidy, textile in Uttarakhand, textile investments, textile parks in Kumaon, textile parks incentives, textile production in india

The Uttarakhand government is planning to set up a series of textile parks in the Kumaon region by offering attractive incentives, which includes a rebate on the land price, besides capital subsidies.

Under mega textile policy, three textile parks in Kashipur, Jaspur and Sitarganj are being set up where a host of incentives will be available to attract new investments.

Nylon yarn price slips on weak raw material cost

In China, semi-dull FDY70D/24F prices slipped US cents 7 a kg in the third week of May while FDY40D fell US cents 9 a kg.

Nylon DTY 70D/24F prices rolled over on the week while 30D/10F prices were down US cents 9 a kg.

Monofilament 30D prices were unchanged while 1.5D staple fiber fell US cents 9 a kg.

Nylon filament yarn prices moderated further as markets were mired in weakness on the back of dismal performance in nylon chip and caprolactum markets. However, monofilament and cord fabric prices remained unchanged.

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

Caprolactum price falls on soft demand and falling benzene

In China, liquid spot was stable while solid goods offer fell US$35 a ton in the third week of May. Asian markers, the SE and FE markers were flat on the week.

Sinopec retained its May contract nomination for liquid goods while Fibrant announced nomination for May at 11,200 Yuan a ton.

Caprolactum markets in Asia were mired in weakness that week on soft demand while cost support eased with falling benzene values.

Demand was also to pick since the run rates at downstream yarn makers were down with inventory worth 28‐30 days.

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

Man-made fibre yarn export rises 10.7% in April

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$16.95 million in April 2016, up 10.7% YoY while volumes were at 6.62 million kg, up 13.8% per cent as compared to the same month last year. The total volume comprised 3.43 million kg of polyester yarn, 2.49 million kg of viscose yarn and 0.69 million kg of acrylic yarn.

Blended yarn price rises in Pakistan, down in India

In Qianqing, PC (65/35) 32s yarn prices rolled over in the third week of May while 45s PC combed yarn prices were down US cents 2 a kg (due to weak currency).

In China, blended yarn markets were stable over the week, due to stability of fibre prices. Nevertheless, import prices were rising in Yuan terms, due to a rebound of the US$, implying that spinners will compete with imported goods.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Viscose yarn price edges down amid off‐season sentiment

40s compact sirospun yarn prices in Jiangsu fell US cents 4 a kg in the third week of May while 30s spun viscose in Xiaoshan remained unchanged on the week. Offers for ring-spun 30s yarn rolled over during the week.

In China, spun viscose yarn prices were weak, with thin trading amid obvious off‐season sentiment. Discussions for Xiaoshan‐origin ring‐spun 30s yarn were down while discussions for Fujian‐origin siro‐spun 40s yarn rolled over, with firm trading prices.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

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