News Tags

Related Keywords: complete textile chain from cotton growing to value added garment, Governor Sindh Dr Ishratul Ebad Khan, Honorary Consul General to Jordan Yousuf Farrukh informed, interested to invest in textile industry of Pakistan, Joint ventures preferred, Jordon investors, Operation Zarb-i-Azb, Pakistan forth cotton producing, third largest country to use it

Honorary Consul General to Jordan Yousuf Farrukh informed the Governor Sindh Dr Ishratul Ebad Khan that Jordan investors were interested to invest in textile industry of Pakistan. Joint ventures would be preferred.

Jordan also desired to see Pakistani investment in textile sector there. They also wanted to import textile products from Pakistan for which purpose a memorandum of understanding (MoU) was signed at TEXPO exhibition, held recently in Pakistan.

Asian MEG markers fell US$4 a ton CFR China in the last week of March. In China, offers for nearby-month goods fell to US$700 a ton, and trading values softened to US$695-700 a ton.

Mono ethylene glycol prices fell on the week on profit taking and weak futures. MEG prices have been climbing since early February and early week had stayed firm over US$700 a ton CFR China.

Most traders wanted to close out their positions and take profits to hedge against a likely correction in prices.

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 inched up US$8.83 a ton FOB Korea and CFR Taiwan/China in the last week of March. Asian contract price for April was finally settled and was up US$70 a ton.

Paraxylene prices in Asian markets rose on the week on firm crude and higher PTA futures. Asian contract price for April was settled up on the month. March ended with a rise of 8.5% or US$61.

In US, spot paraxylene gained from last week, hovering at Asia netback while March contract price settled on the month. Spot paraxylene gained US$20 a ton FOB USG on the week.

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

Related Keywords: acrylic yarn export, India’s yarn export, manmade fibre yarn exports, PC yarn exports, polyester yarn export, PV yarn exports, Spun yarn exports, viscose yarn export, yarn exports value, yarn import in Bangladesh, yarn import in Egypt, yarn import in turkey

India’s blended spun yarns export value was up 4.9 per cent YoY in February 2016 while volumes rose 9.7 per cent as compared to the same month last year.

6.4 million kg of PC yarns was exported from India during the month. Polyester cottons yarns were exported to 57 countries in February 2016, of which, Bangladesh and Egypt were the largest importers of PC yarn from India followed by Morocco.

Argentina, Pakistan, Indonesia and Poland were the fastest growing markets for PC yarns while Chile significantly reduced its import of PC yarns from India.

Related Keywords: cotton bales, creating uncertainties among mills and spinners, decline in Indian cotton production, domestic spot market, dwindling stock of quality lint, ginners raised asking price, no single deal finalized, official spot rate remained unmoved, Pakistan cotton market, Punjab prices, spinners show no interest in fresh buying

With dwindling stock of quality lint, ginners have raised asking price of quality lint due to which not a single deal was finalized on the cotton market on Monday. The official spot rate also remained unmoved at Rs 5,350 dealers said. In the Punjab prices were at Rs 2400 and Rs 3100.

According to market sources, some of the ginners who held back quality lint on hopes of better income in the coming days, raised asking prices, but the spinners showed no interest in fresh buying.

Related Keywords: develop materials, German functional textile business, Italian yarn specialist Sinterama, leading global supplier of high tech functional material, made of recycled PET bottles, Performance days, present new outer and lining material, Sympatex Technologies, Sympatex worked with Italian thermal insulation company Thermore

Sympatex Technologies, a German functional textile business and leading global suppliers of high tech functional materials in clothing, footwear, accessories, protective workwear (Contract & Workwear) and technical applications will present new outer and lining materials made of recycled PET bottles at the Performance Days in Munich.

Sympatex worked with Italian thermal insulation company Thermore and Italian yarn specialist Sinterama to develop the materials, said Haymo Strubel, director apparel at Sympatex Technologies.

Related Keywords: adverse impact on the subsidised procurement, Center fixes temporary revised ceiling price, cost plus formula, fifty kg foodgrain sacking procurement, normally fixed every month, on previous three months moving average price of raw jute, power and labour, price of jute sacking based on, stop price manipulation of jute bags, unfair practice

The Centre has temporarily fixed a revised ceiling price for 50 kg foodgrain sackings procurement to stop price manipulation of jute bags. According to sources, the price of jute sackings, which is based on a cost plus formula, is normally fixed every month on the previous three months’ moving average price of raw jute and other cost such as power and labour.

However, it is alleged that the “malpractices of handful of mills” saw the raw jute prices soar since the second half of November.

Related Keywords: Asean, establish operations, EU, Japan can benefit from significant tariff differentials, Japanease manufacturere enticed, Philippines enjoys duty free export privileges, produced in Philippines, set up manufacturing facilities, take advantage of Philippines preferential trade agreements, textile category, US

Philippines enjoys duty free export privileges for almost 99 percent of goods traded across member countries of ASEAN Economic Community apart from this it is also a beneficiary of preferential trade schemes of the US and EU under their respective General Systems of Preferences (GSP) and GSP+ trade schemes. Japanese manufacturers are enticed to establish operations in the Philippines to take advantage of the country’ s preferential trade agreements with ASEAN, the European Union (EU), and the United States (US), said Department of Trade and Industry (DTI) Secretary Adrian S. Cristobal Jr.

Related Keywords: 7m working width Montex XXL stenter, A. Monforts Textilmaschinen, come up with new machine, designed to meet demand, global leader in manufacturing and export of textile machines, heat distribution, key engineering element, knitted fabric and denim, producing technical textiles, sustainability and energy savings, woven fabrics

A. Monforts Textilmaschinen global leader among the manufactures and exporter of textile machines for producing technical textiles, woven fabrics, knitted fabrics, and denim has come up with a new 7m working width Montex XXL stenter for the technical textiles and nonwoven industries.

A new 7m working width stenter from Monforts, the Montex XXL, has been designed to meet demand from the technical textiles and non wovens industry segments such as, for example, geotextiles, for finishing wider width fleece and fabrics.

Related Keywords: contemporary stitch, creativity set to hig Whanganui this month, Fifth annual fibre and textile workshop, intensive workshops on subjects such as collage, jewellery, meet to expand artistic armoury, opportunity to work with international artists to improve skill, organized by Fibre Arts New Zealand, printing patterns, textures and wax

The fifth annual fibre and textile workshop will be held for five days from April 18-22 at the Ad Astra Hostel at Whanganui Girls' College, organized by Fibre Arts New Zealand, the event which has six international tutors, each in a different field of fibre arts and more than 80 people from as far as Australia will meet to expand their artistic armoury. Creativity is set to hit Whanganui this month.

Co-organiser Julz Coffey said that the event is huge for the Whanganui arts community and is growing every year. They have a total of 81 people enrolled this year (up from 60 last year).