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Related Keywords: carpet and rugs exports increased, cotton exports showed positive growth, homemade textile exports, Imports, Pakistan Bureau of Statistics, Pakistan textile exports, textile garment, to European Union, trade deficit, witnessed increase

Pakistan textile exports to the European Union increased from 545,698 metric tonnes in 2013 to 662,475 metric tonnes in 2015, a 21.3 percent increase. On the other hand, exports from the country during March 2016 witnessed negative growth of 9.55 percent and reached to $1.742 billion compared to the exports of 1.926 billion in March 2015.

Related Keywords: announced to change over its hand towels, bath towels made overseas, economically sustainable, Marriott hotel chain, replacement will take a year, those made in the US

Marriott hotel Chain which includes brands like The Ritz-Carlton, Renaissance Hotels, Courtyard Marriott and TownePlace Suites recently announced that it would be changing over its hand towels and bath towels made overseas for those made in the U.S.

Travelers staying at any of Marriott’s nearly 3,000 U.S. hotels may notice a little something different in their guest rooms in the coming year.

Related Keywords: attract foreign investment, continue boost opportunites, diversify export destinations for existing products, enter into more trade agreements, Expand into new products, Increase integration with South Asia, reduce tariffs for the import of manmade fibres, Sri Lanka successful in establishing apparel manufacturing industry, World Bank recommends

Sri Lanka successful in establishing and growing its apparel manufacturing industry, can do more to realize its potential as a regional hub and to continue to boost opportunities, especially for women and the poor, according to a new World Bank report.

Related Keywords: largest intra regional trade fairs, multi national, multi sectoral, offers exposure to trade and public visitors, South of the Sahara, theme Innovate-Integrate Industrialize, trade hub for the region, Zimbabwe International Trade Fair

The 57th edition of the Zimbabwe International Trade Fair one of the largest intra-regional trade fairs south of the Sahara kicked off in Bulawayo on Tuesday despite the prevailing economic environment, this year’s exhibition will be better than in previous years. The annual exhibition offers exposure to trade and public visitors, the multi-sectoral, multi-national expo provides a convenient trade hub for the region.

Related Keywords: bags and luggage, bringing range of suppliers, Buyers will be able to source fashion products including apparel, fabrics, fashion jewelry, Fashion Technology Corner, footwear, new products from across Asia, promote designs and brands, scarves, today, underwear and swimwear, Young Designers Corner

The Global Sources Fashion show opens in Hong Kong today with 1,600 booths bringing together a range of suppliers and new products from across Asia set to welcome buyers looking for the hottest items in the industry.

Related Keywords: by Chinese, dumping crores of meters of under invoiced, dumping of finished fabrics at throw away prices, facing tough time, godowns stacked up with grey fabrics, largest MMF sector, no takers in the market, production cost of finished fabric in the local market high, Surat, Surat weaves facing crisis, the powerloom machines shutting down

The country's largest man-made fabric (MMF) sector in the city surat is facing tough time with dumping of finished fabrics at throw-away prices by the Chinese. Textile entrepreneurs claimed that the dumping of the crores of meters of under invoiced finished fabric imported from China at the cheap rates of Rs 7 to Rs 8 per meter is the main reason behind the crisis.

The production cost of finished fabric in the local market begins from Rs 50 per meter and goes upto Rs 500 per meter depending on the quality.

Asian MEG markers were up US$5 a ton CFR China and CFR South East Asia in the second week of April.

Mono ethylene glycol prices declined sharply opening the week but regained later on higher futures, rising crude and emerging demand.

Prices would have been higher if not for some late-week short positions taken by several Chinese futures traders, reports said. Saudi Kayan Petrochemical completed the maintenance of its MEG unit, thus resuming supplies.

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 gained US$5 a ton FOB Korea and CFR Taiwan/China in the second week of April. A South Korean paraxylene producer settled long-term contracts for 2016 at a discount of US$2.50 a ton for non-Asian participants, US cents 50 wider from 2015.

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

Related Keywords: develop business linkages, exhibit range of products including textiles, exploit to enter new export markets., expo is organized in conjunction with local businesspeople and Egyptian Embassy, organizes biannual Egypt and Middle East expo in Kigali, Smart Egypt, tradeshow create investment opportunities

Smart Egypt which organizes the biannual Egypt and Middle East expo in Kigali that opens on April 28 at at Amahoro National Stadium, Ashraf Mahmoud said that tradeshows create investment opportunities in any country. According to organisers, this year’s tradeshow will attract participants from Egypt, Iran, Malaysia, India, Singapore, Pakistan, who will be exhibiting a range of products, including textiles, leather products, jewelry, and kitchenware, among others.

The expo is organized in conjunction with local businesspeople and the Egyptian Embassy.

Related Keywords: cotton bales, Cotton market, demand is surging with passage of time, facing shortage, fresh selling of cotton, Ginners, KCA, official spot rate down, prices heading towards season high, seed cotton price, tight supply of quality lint, unsold stock

At cotton market on tight supply of quality lint witnessed prices heading towards season’s high on Monday dealers said. Some brokers said that demand is surging with the passage of time as country is facing shortage of nearly 5 million bales of cotton.

The official spot rate gained Rs 100 to Rs 5,650. In Punjab, seed-cotton prices were at Rs 3000 and Rs 3200 while in the ready business, around 11000 bales of cotton changed hands between Rs 5100 and Rs 5950.