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In China, medium-length staple fiber and cotton-type staple prices were steady in the second week of April. Taiwan origin 3D bright ASF tow prices were at US$1.55-1.65 a kg while offers for regular products were at US$1.50-1.55 a kg, with negotiable firm deals. Sinopec issued list prices flat for April.

Acrylic staple fibre prices continued to remain sticky despite two consecutive weeks of rise in upstream acrylonitrile prices. It is apparent that ASF markets lack substantial supports. In China, trading atmosphere was modest, seeing producers liquidate volumes at prevailing prices.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

The acrylonitrile markers gained US$20 a ton CFR Far East Asia and Southeast Asia in the second week of April. In China, offers for offshore cargoes were up US$20 a ton on the week. Prices for deep‐sea cargoes were below that level.

Acrylonitrile prices in Asian markets rose for the second consecutive week on tight supply, which led to renewed buying interest from buyers and firmer cost support. In China, downstream demand picked up a bit as run rate at ASF producers was close to 100% while acrylamide prices held flat amid mild demand.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: current installed textile production capacity, enhance business in the EU, gain market share on international market, known as Sritex, plan to acquire German military uniform manufacturer, Sri Rejeki Isman, Sritex exports good-quality cotton to China, vertically integrated leading textile and garment manufacturer in Indonesia

Sri Rejeki Isman better known as Sritex, one of Indonesia's vertically integrated leading textile and garment manufacturers, plans to acquire a German military uniform manufacturer. The aim of this acquisition is to enhance Sritex' business in the European Union.

Iwan Kurniawan Lukminto, Vice President Director of Sritex, said that the acquisition of the German company should be completed in 2017. The German uniform manufacturer will be the "extended arm" of Sritex in Europe. Currently, about 15 percent of Sritex' total export revenue is generated from shipments to Europe.

Related Keywords: Aditya Birla Group umbrella brand, Birla Cellulose, blend with cupro, create a paradigm shift in fashion wear, fabric brand Liva, jumpsuit sarees, launch saree range, lehenga saree, linen, pant sarees, pre-plated saree, saree category extended to dhoti saree, silk, successful journey in women wear, to enter into saree segment in India, viscose

Birla Cellulose, the Aditya Birla Group's umbrella brand that offers a range of innovative, high-quality, 100% natural hygiene products said its fabric brand Liva having experienced a successful journey in women’s wear in past one year has decided to enter into saree segment in India. Liva will launch its sarees range across India soon.

Related Keywords: Amazon, casual and office wear, domestic market huge potential, eBay, Flipkart, Handloom department, Handlooms Commissioner, Ikat fabric, increase sale of handloom mark product, Indo-Western products, problem is branding and reach, retail group, tied up with nine leading ecommerce entities, Union ministry of textiles

Handloom department has tied up with nine leading e-commerce entities including Flipkart, Amazon and eBay to increase sale of handloom mark products’ penetration in the domestic market as there is a huge potential but the problem is branding and reach. With the same end it has also tied up with 70 retail outlets, said the handlooms commissioner under the Union ministry of textiles.

Related Keywords: back of grade issue, buyers remain cautious in making big deal, cotton bales, Cotton market, cotton production, decline in spot rate, demand for fine grades, forward deals of all grade lint, immediate need of lint, KCA, moderate trading seen

At cotton market, moderate trading was seen as buyers remained cautious in making any big deal as they only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate, traders at the Karachi Cotton Association (KCA) said on Wednesday.

KCA kept the spot rate intact at Rs 5,650 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level, said floor brokers.

Related Keywords: after two disasters in recent years, Asian Development Bank, Bangladesh BRAC Bank, Bangladesh second largest exporter, effluent treatment facilities, finance socially and environmentally sustainable projects, improve rights and safety of workers, meet global standards, signed loan agreement, textile and garments, upgradation of garment industry

Bangladesh is the world's second largest exporter of textiles and garments, accounting for over 80 percent of the country's merchandise exports in fiscal year 2014, and employs 4.2 million workers. But after two disasters in recent years – the 2012 Tazreen factory fire and the 2013 Rana Plaza building collapse. In the wake of these events Asian Development Bank (ADB) on Wednesday has signed a loan agreement with Bangladesh's BRAC Bank in Dhaka to meet global standards and improve the rights and safety of workers of textile and garment industry.

Related Keywords: address decline of exports, establish Textile Innovation Centre, for textile sector, importers, initiated by National Textile University, Pakistan Ministry of Commerce, plan to fund in research and innovation projects, scheduling a branding and marketing campaign, technical and functional fabrics, use traditional and new media to attract investors

The Pakistan Ministry of Commerce plans to fund textile sector in research and innovation projects initiated by the National Textile University, informed Commerce Minister Khurram Dastgir Khan on Wednesday, while chairing the third meeting of the Federal Textile Board attended by the representatives of associations from all the sectors of textile, value chain and concerned ministries in order to address the recent decline of exports in the textile sector.

Related Keywords: apparel park coming up in Surat, approval for interest subsidy and value-added tax power rate subsidy, attract twenty thousand crore investment, by next year, generate jobs, ginning and technical textiles, Gujarat textile policy, house forty two manufacturing units, Made ups, new jobs, processing, spinning, textile units got approval in weaving

Gujarat's textile policy 2012 plan to attract around Rs 20,000 crore investment and 2.5 million new jobs by 2017, so far under the policy, 549 textile units have got approval and attracted investment worth Rs 9,208 crore through varied units such as weaving, made-ups, processing, spinning, ginning and technical textiles.

The latest nod is for a textile and apparel park coming up on 62 acres in Surat and will house 42 manufacturing units and generate 1,900 jobs. So far, 12 such parks have received in-principle nod.

Related Keywords: Ambassador to Turkey, expansion of commercial and economic relations, huge opportunity to Turkey, including clothing, Iran Turkey Trade Council, Iranian and Turkish private sectors, keen to expand multifaceted ties, lifting impediments on way of cooperation, machinery, Mohammad Ebrahim Taherian, Textiles, various sectors

During a meeting held of the Turkish side of Iran-Turkey Trade Council and Iran's new ambassador to Turkey Mohammad-Ebrahim Taherian on April 26, Tehran and Ankara have discussed lifting impediments on the way of cooperation of Iranian and Turkish private sectors.

After recent visit of Iranian President Hassan Rouhani to Turkey, the two sides exchanged views on ways and means of expanding bilateral cooperation in a new atmosphere.