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Related Keywords: APTMA, considering shortfall in local cotton output, cotton used to manufacture high value yarn, high added products, import of raw and ginned cotton, mainly exported in one form or another, propose duty and sales tax exemption, save domestic industry demand zero duty on import of manmade fibres, textile millers

The All Pakistan Textile Mills Association (Aptma) considering the shortfall in the local cotton output, urged the government on Monday to allow duty and sales tax exemption on import of raw and ginned cotton. As this cotton is used to manufacture high value yarn and in turn high added products, which are mainly exported in one form or another.

The textile millers also said that there should be no sales tax on raw cotton and ginned cotton at the import stage in order to avoid cumbersome procedure of the sales tax refund,

Related Keywords: featuring natural and blends, important sourcing platform, Major exhibit categories include natural, man-made, man-made and blend, others fibres, participation from across the fibre groups, specialty, to open doors in New Delhi, variety of yarns, welcome decision makers from India and overseas, Yarnex India International yarn exhibition

Yarnex India International Yarn Exhibition has established itself as the most important international sourcing platform is now poised to open its doors in New Delhi after the success it has garnered over 7 editions in Tirupur.

The eight edition of Yarnex will welcome decision makers from India and overseas, who represent international buying houses, composite mills, powerloom weavers, knitters, distributors and wholesalers, apparel brands, importers, fashion designers and fashion labels, which is why participation from across the fibre groups has been growing significantly.

In China, semi-dull FDY70D/24F prices were down US cents 2 a kg in the second week of May while FDY40D fell US cents 2 a kg.

Nylon DTY 70D/24F prices were down US cents 3-5 a kg while 30D/10F prices were stable during the week.

Monofilament 30D prices were unchanged on the week while 1.5D staple fiber fell US cents 7 a kg on the upper end.

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

In China, liquid spot was down US$30 a ton in the second week of May while solid goods offers fell US$95 a ton.

Asian markers, the SE and FE markers fell US$20 a ton on the week.

Sinopec retained its May contract nomination at US$1,625 a ton for liquid goods while Fibrant settled April at US$1,680 a ton, down US$15 from nomination for liquid goods.

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

Related Keywords: begin commercial production, business diversification strategy plan, Chiripal Group, Gujarat based vertically integrated group of textile manufacturing, instal eighty airjet looms, manufacturing cotton yarn, Nandan Terry, set up spindles, set up terry towel facility, wholly-owned subsidiary

Chiripal Group, Gujarat based vertically integrated group of textile manufacturing companies as part of its business diversification strategy plans to set up a Rs. 500-crore terry towel facility in Ahmedabad installing 80 airjet looms with an initial towel manufacturing capacity of 10,696 tonnes per annum with room to double the capacity in Ahmedabad district with an initial capacity of 10,696 tonnes per annum.

Related Keywords: Designer kurtis, exhibition of branded clothing and fashion products, forty five companies from five countries participating, organized by Redcarpet365, original lawn, Pakistani brand Gul Ahmed, salwar kameez and specially designer sarees doing great business, showcase quality, Sixth Bangladesh fashion carnival, targeted to Eid Ul Fitr shopping

The 6th Bangladesh Fashion Carnival, a five day international exhibition of branded clothing and fashion products will begin on Wednesday May 25 where over 45 companies from 5 countries are participating in this exhibition. Redcarpet365 is organizing the event with the theme ‘Do Your Eid Shopping with Us’.

Ahmed Imtiaz, CEO of the organizer said that their main purpose of this exhibition is to showcase quality products to the visitors. The exhibition was targeted to Eid Ul Fitr shopping and every year visitors await to come to the expo.

Related Keywords: decided to totally exit from mass production, focus on premium segment, government has undertaken to train weavers, handloom fabric, looking to build its India Handloom Brand, Ministry of textile, remove distress among underpaid weavers, upgrade their skills for high-end handloom fabrics

Ministry of Textiles is looking to build on its India Handloom Brand (IHB) to remove the distress among the lakhs of underpaid weavers for which they has decided to totally exit from mass production of handloom fabric and focus on the premium segment, after fighting a losing battle with powerlooms in the mass segment for several years.

This move is paying off in not just improving the earnings of the weavers but also in terms of sales numbers of the IHB, whose perception has changed with better quality, competitive pricing and easy availability.

Related Keywords: boost trade volume, enhance bilateral cooperation, explore non tradition avenues, opportunity to explore Ukrainian market, Pakistan, Pakistani businessmen, process of signing agreements, provide level playing field to investors, textile and handicrafts, Ukraine

Ukrainian Ambassador to Pakistan Volodymyr Lakomov on Sunday said that Ukraine was in the process of signing about a dozen agreements with Pakistan thereby providing a level playing field to the investors from both the sides, besides enhancing science and technologies, education, cultural and trade relations.

The current trade volume between the two countries was $500 million and steps were in hand to enhance the same. Pakistan and Ukraine can easily boost their existing trade volume to new heights by exploring non-traditional avenues.

Related Keywords: AFWA study report, clean up its supply chain, fixed-term contracts, forced overtime and loss of job if pregnant, Hennes & Mauritz, improve textile factory workers conditions, ow wages, partnered with ILO, seek out solutions, Swedish fashion retailer

Hennes & Mauritz (H&M) Swedish fashion retailer has partnered with the International Labour Organization, the Swedish International Development Cooperation Agency as well as global and local trade unions, government as well as the UN to seek out solutions to improve workers’ conditions, after the study by the Asia Floor Wage Alliance (AFWA) found workers stitching clothes for H&M in factories in Delhi and Phnom Penh faced problems such as low wages, fixed-term contracts, forced overtime and loss of job if pregnant.

In Qianqing, PC (65/35) 32s yarn prices rolled over in the second week of May while 45s PC combed yarn prices remained unchanged on the week.

In China, blended spun yarn prices remained unchanged in the week as cotton prices were stuck at the same level on the domestic market while import prices were falling. Spinners were waiting for a clear direction of the future trends before changing their offers.

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