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Related Keywords: against letter of credit, Bangladesh government, current fiscal, decision to give permission, ensure jute bags used in packaging of various goods, export raw jute, forty one organizations, indefinite ban was imposed, India and Pakistan main importers, low yield of jute, production is likely to drop, special measure, Textile and jute ministry

The Bangladesh government has taken decision to give permission to 41 organization to export 277,000 bales of raw jute against the 251 letters of credit issued before Nov 3 last year as a special measure, this was informed by Saikat Chandra Halder, PRO of the textile and jute ministry on Wednesday.

The government on Dec 3 last year banned the export of raw jute for an indefinite period to ensure that jute bags were used in the packaging of various goods. Following appeals from jute exporters, permission has been granted to 41 organisations to export raw jute.

India’s 100pc man-made fibre yarns export was at 4.7 million kg in November 2015, comprising 2.56 million kg of polyester yarn, 1.42 million kg of viscose yarn and 0.67 million kg of acrylic yarn.

Polyester yarn exports were down 9.7 per cent in value while viscose yarn exports declined 14.6 per cent during the month.

Acrylic yarn exports saw a drastic plunge of 37 per cent in November.

Unit price realization was down US cents 39 a kg for polyester from a year ago and that of viscose yarn was down US cents 18 a kg.

Related Keywords: Acrylic yarn export price, Acrylic yarns export from India, man-made fibre yarns export from India, polyester yarn export from india, polyester yarn export price, Spun yarn exports, viscose yarn export from india, viscose yarn export price

In November 2015, all types of filament yarns export aggregated 28 million kg worth US$46 million. Filament yarns include polyester, nylon, polypropylene and viscose filament yarns and were exported to 73 countries during the month. Around 88 per cent of filament yarns were of polyester, of which, DTYs were the largest at 72 per cent.

About 982,000 million kg of viscose filament yarns were exported in November to 24 countries from India valued at US$4 million. During the month, 230,000 kg of VFYs were exported to Japan. It was followed by Germany and Egypt.

Related Keywords: Filament yarn export from india, nylon yarn export from India, polyester filament export from india, polypropylene yarn export from india, viscose filament yarn export from india

Related Keywords: biggest textile park in India, Chief Minister K. Chandrasekhar Rao, collaboration with various companies, coming up in Warangal town, cotton to garment park, covering all segments, engaged in manufacturing, international standard park, released funds for acquiring land, specific categories of garments, textile parks in different parts of country

Chief Minister K. Chandrasekhar Rao announced on Wednesday that the proposed ‘cotton-to-garment’ park coming up in Telangana’s Warangal town to be set up in an area of 2000-3000 acres will be India's biggest textile park and it will cover all segments. While, the textile parks in different parts of the country like Solapur, Tirupur and Surat were engaged in manufacturing only specific categories of garments.

The Warangal district collector has already released Rs.100 crore for acquiring land for the textile cluster.

Related Keywords: Bahrain manufacturing complex, Commerce and Tourism, duty-free access for textile export, make investment of $ nine million. third spinning capacity expansion, meeting between WPH senior officials, Minister of Industry, mitigate the impact of expiration of TPL, US manufacturer and marketer of home products, WestPoint Home, Zayed R Alzayani

US manufacturer and marketer of home products WestPoint Home (WPH) decides to make investment of $9 million for its third spinning capacity expansion at its Bahrain manufacturing complex. The company announced the expansion plans after a recently held meeting between WPH senior officials and the Minister of Industry, Commerce and Tourism, Zayed R Alzayani.

Related Keywords: decline in volume terms, hit hard export market for domestic manufacturers, IJMA, jute goods exports declined sharply, lost major export markets like Egypt and Syria, no incentive from the Government of India, Rising price of jute goods, sharp increase jute felt and Hessian price, steep increase in raw jute prices, touching an all time high

Jute goods exports have logged almost flat growth from 2010-11 (0.19 million tonne) to 2013-14 (0.21 million tonne). However, jute goods exports declined sharply in 2014-15 to 0.15 million tonne, a fall of 27 %.

Related Keywords: announced opening of Pakistan Single Country exhibition, explore busines potential, Garment and Accessories participating, major trade delegation from Maldives to visit, Prime minister of Pakistan Nawaz Sharif, Renowned companies from Textile, showcase progressive Pakistan, Sri Lankan Prime Minister Ranil Wickremesinghe, TDAP

Prime minister of Pakistan Nawaz Sharif and Sri Lankan Prime Minister Ranil Wickremesinghe announced the opening of 'Pakistan Single Country Exhibition 2016' on Tueday. The exhibition will be held to explore business potential between the two countries Pakistan and Sri Lanka.

The Trade Development Authority of Pakistan (TDAP) are arranging the largest Single Country Exhibition at Sri Lanka which is organized under the patronage and support of Government of Sri Lanka.

Related Keywords: buying cotton from Gujarat, cotton farmers of Punjab, forced to import cotton, Ginners mixing lower quality cotton, increasing adulteration, NITMA, reduce losses, rise in cotton price, Saurashtra Ginners Association, SIMA, Textile mills and traders in north and south India, with higher quality cotton

Textile mills and traders in north and south India buying cotton from Gujarat forced to import cotton over the increasing adulteration, the usual rate of adulteration of 10-15 percent has climbed to 40 per cent this year. Increase in cotton adulteration is also seen in Maharashtra.

According to Arvind Pan, vice-president of the Saurashtra Ginners’ Association (SGA), ginners are losing Rs 500-700 per bale of raw cotton. Many ginners are mixing lower quality cotton with higher quality cotton to reduce their losses. Yet their returns are not good.

Related Keywords: decline in rouble value, high quality and cheap price textile found, Laleli famous for clothing exports, Laleli Industry and Business Association, lots of textile stores, Russia sanction, Russian buyer, traders faced sixty percent lost of revenue, traders seek other markets like Iran or African countries, Turkish goods become more expensive

Laleli, located in Istanbul famous for clothing exports has lots of stores which are mostly textile stores where very high quality and cheap price textile are found. Due to decline in the rouble’s value in the past year, the traders had already lost 60 percent of the revenue. Not only that the slump made Turkish goods more expensive for Russian buyer, said the head of Laleli Industry and Business Association, Giyasettin Eyyupkoca.

Related Keywords: Apparel Sourcing Paris, Avanprint Paris, Avantex Paris and Shawls n Scarves, better proportioned offering, coming up next month, divided into more distinct sections, main attraction, new concept, professionals from fashion industry, provide visitors a clearer, range of associated Texworld trade fairs, Texworld Paris trade fair

Texworld Paris trade fair for professionals from the fashion industry will be taking place next month in February 2016 which is divided into more distinct sections with a new concept, that will provide visitors a clearer, better proportioned offering. One of the main attractions of a visit to Texworld Paris is the range of associated Texworld trade fairs, taking place at the same venue on the same dates, organizers report. These include Apparel Sourcing Paris, Avanprint Paris, Avantex Paris and Shawls & Scarves – the accessories showcase.