News Tags

Related Keywords: buyers and sellers, buyers purchased, Cotton market, entangled in price war on second grade stuff, fine grade lint, ginning unit, KCA, making eals for fresh fine lots, slightly higher price, spinner and miller, spot rate remained firm, textile sector, three hundred bales changed hands, trading session

During the trading session at cotton market, buyers purchased fine grade lint on slightly higher price at around Rs5,000 per maund to Rs5,525 per maud. Around 300 bales changed hands, said floork brokers.

The Karachi Cotton Association (KCA) spot rate remained firm at Rs 5,650 per maund.

According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought grade at around Rs 5,375 per maund to cater their immediate need.

Related Keywords: built under a Japanese private investment, equipped with latest technology, factory is fully completed, New SATEC textile factory, part of public private partnership, purchase of equipment for the project, reactivation of the Dondo industrial park, spent on contruction work, top four industrial hubs of the country, USD four hundred million

The new SATEC textile factory under construction in Dondo, Cambambe municipality, northern Cuanza Norte province, as part of a public-private partnership around USD400 million have been spent on the construction works.

The chairman of the board of directors of the Angolan business group "Mainhia Yeto", in charge of the work, Matos Cardoso released the information on Friday that the aforementioned amount was used in the construction of infrastructure and purchase of equipment for the project, expected to start next July.

Related Keywords: Business opportunities in Malaysia, explore Principal Hub scheme, factory concept, India biggest trading of Malaysia, machinery and equipment, Malaysia and India explore opportunities in smart manufacturing, Malaysia gateway to ASEAN maket for India, Malaysian Minister of International Trade and Industry, textiles and textile products

Malaysia's Minister of International Trade and Industry, Dato Sri Mustapa Mohamed, at a special session on 'Business Opportunities in Malaysia' organized by FICCI jointly with Malaysian High Commission in India, Ministry of International Trade and Industry (MITI) - Malaysia, Malaysian Investment Development Authority (MIDA) and Malaysia External Trade Development Corporation (MATRADE) said that Malaysia can act as the gateway to ASEAN market for India.

In China, semi-dull FDY70D/24F prices rolled over in the third week of April while FDY40D gained US cents 8 a kg at the upper end.

Nylon DTY 70D/24F prices were flat on the week while 30D/10F prices were stable.

Monofilament 30D prices rolled over while 1.5D staple fiber partially regained US cents 3 a kg.

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

Asian markers, the SE and FE markers gained US$20 a ton in the third week of April. In China, liquid good offers rolled over while solid goods offers were stable on the week.

Sinopec announced April settlement which was down US$15 a ton from its nomination for liquid goods.

Caprolactum prices moved sideways that week on decent demand and recovering feedstock. In China, liquid good offers in spot market were quoted at a roll over while mainstream values for solid goods were unchanged from last week. However, offers were sparse in SE and NE Asian markets but spot went up on the week.

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

Related Keywords: address the growing demand, eco friendly source, form Kloth Lifestyle, GreenTech Malaysia Alliances, GTAM, Joint ventrure, Kloth Malaysia Sdn Bhd, made from recycled plastic bottles, promote and market quality, Shanghai-based Waste2Wear brand, subsidiary of Malaysian Green Technology Corporation, sustainable apparel, sustainable fabrics

GreenTech Malaysia Alliances (GTMA), a subsidiary of Malaysian Green Technology Corporation (GreenTech Malaysia) and Kloth Malaysia Sdn Bhd (Kloth) has entered into a joint venture to form Kloth Lifestyle, which will promote and market quality, sustainable fabrics made from recycled plastic bottles.

Kloth Lifestyle aims to address the growing demand for sustainable apparel through the internationally-recognised, Shanghai-based Waste2Wear brand, as well as other eco-friendly sources. They are targeting RM2mil in revenue by 2017.

Related Keywords: debut a bikini range, fabric is super soft, fishing nets, made with fabrics manufactured from plastic bottles, OceanZen, prestigious event on AUstralian fashion calendra, Sunshine Coast Fashion Festival, sustainable and completely mind-blowing, take on sustainable twist, yarn is combined with Lycra

The Sunshine Coast Fashion Festival is recognised as one of the most prestigious events on the Australian Fashion Calendar. In its 9th year, the show presents talented emerging and established local and national labels and a host of international design talent. The festival to take on a sustainable twist.

OceanZen at the festival to be held in Caloundra later this year will debut a bikini range made with fabrics manufactured from plastic bottles and fishing nets.

Related Keywords: Commerce Minister, India EU summit, India should conclude the EU-India FTA, making some compromises, Nirmala Sitharaman, resume trade negotiations talks, written to EU trade negotiators to suggest dates

Nirmala Sitharaman commerce minister, after returning to India after attending the latest India-EU summit has written to EU trade negotiators to suggest dates when they could resume trade negotiations talks. There is not yet hear from them yet PM Narendra Modi travelled to Brussels for the summit on March 30.

EU officials have unofficially told journalists they wanted India to open up the automotive sector by lowering tariffs to zero before they restart negotiations. India wants to protect the domestic auto industry which has acquired a degree of competitive advantage.

Blended yarn prices rolled over in China and Pakistan in the third week of April while they inched up in India on demand supply fundamentals.

In India, PV yarn prices inched up on recent upward revision in VSF and PSF prices while polyester-cotton rose on firmness in cotton prices. 30s (65/35) PV warp yarn prices gained another INR1 a kg (up US cents 2) in the third week of April in Indore market. In Ludhiana, PC 30s (52/48) prices increased INR2 a kg (up US cents 3).

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

Related Keywords: boost fashion industry, lack of local work, leading fashion houses, Nicole Robotham a Textiles Surface Designer based in Newcastle, Ninety Two Designs agency, North East of England, print design company, provide surface pattern designs, retailers and fabric manufacturers worldwide, set up an agency

Nicole Robotham a Textiles Surface Designer based in Newcastle, after becoming aware that many of her fellow were leaving the industry due to lack of local work set up an agency 92 Designs to boost people working in fashion industry in the North East of England.