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Entrepreneurs to get training on the new textile policy

Related Keywords: Department of Handloom and Textiles, emerge as hub of textile industry, on new textile policy, organized long training programme, orientation to textiles and textile processes, prepare project reports, procedures for applying loans, production of high quality cotton, set up textile units, twenty entrepreneurs selected

Department of Handloom and Textiles, in association with Kalaburagi Zilla Panchayat and the Centre for Entrepreneurship Development of Karnataka, in Kalaburagi on Wednesday organized a week long training programme on the new textile policy 2013-18 of the state government for which 20 entrepreneurs were selection by the department.

First e-auction of NTC yarn launched by Textile Minister

Related Keywords: efficiency and better price, greater transparency, higher stock up-take, Kerala Lakshmi Mills and Rajnagar mill, launched first e auction yarn of NTC, reduced inventory and improved cash flow, Santosh Kumar Gangwar, selceted for selling its produce, three mills of NTC, Union Minister of state for textile, Vijamohini Mill

The Union Minister of State for Textiles (I/C), Shri Santosh Kumar Gangwar, in his chamber in the Ministry of Textiles on Thursday launched the first e-auction yarn of National Textile Corporation (NTC) as part of its effort for greater transparency, efficiency and better price. Initially, three mills of NTC, namely, Vijamohini Mill, Kerala Lakshmi Mill and Rajnagar mill have been selected for selling of its produce through e-auction. NSEiT, a National Stock Exchange subsidiary that has been conducting e-auctions for various PSUs, has been roped in to conduct the e-auction of yarn.

Bangladesh textile value chain share on the rise than other Asian countries

Related Keywords: Asian Development Bank report, Bangladesh attracted FDI in garments, Bangladesh textile value chain, Chinese textile firms shifting out of China, generated new trade, low cost production, making way to Bangladesh, rising faster than any other Asian countries, SEZ exports

Firms from Singapore, Japan, Taiwan and South Korea, which have traditionally relied on low-cost production in China are seeing Chinese textile firms shifting out of China and making their way to Bangladesh as a result Bangladeshi textile value chain is rising faster than any other Asian countries according to Asian Development Bank.

Techtextil North America, Texprocess Americas coming up soon

Related Keywords: buyers, composites, JEC Americas, nonwovens, open for registeration, provide dynamic synergy creating largest technical textiles, sewn products and equipment trade show in the US, technical directors, Techtextil North America, Texprocess Americas, textile machinery, the platform that will blend together, visitors from top industry executives

The 13th edition of Techtextil North America, and the third edition of Texprocess Americas which is slated to run from 3-5 May 2016 at the Gerorgia World Congree Center in Altanta, GA is now open for registration, organisers report.

JEC Americas will once again be co-located on the same show floor, to provide a dynamic synergy creating the largest technical textiles, nonwovens, textile machinery, composites, sewn products and equipment trade show in the US.

Colombiatex a bench mark trade fair for textile and machinery in South America

Related Keywords: benchmark trade fair in South America, Colombian textile industry, Colombiatex exhibition, Italian textile machinery manufacturers, Italian Trade Agency and ACIMIT, quality and level of technology, textile and textile machinery industry, verify and appreciate excellence of Italian technology

Colombiatex exhibition a benchmark trade fair in South America for the textile and textile machinery industry coming up in Medellin from 26-28 January 2016 where around 20 Italian textile machinery manufacturers will be present and allow visitors from all over South America to verify and appreciate the excellence of the Italian technology on show.

The common exhibition area created by the Italian Trade Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers for the promotion and internationalization of Italian businesses abroad.

Jakarta Textile Museum to display traditional woven cloth, Timor

Related Keywords: display Timorese Tenun, exhibited titled Many colors of Timor textiles, Indoneisan traditional cloth, Jakarta Textile Museum, most of the colors used in Timor woven cloth, owned by private collectors and traditional cloth lovers, strong and bold, traditional woven cloth, use traditional dyes

The Jakarta Textile Museum to put on display 100 pieces of Timorese Tenun (traditional woven cloth) owned by private collectors and traditional cloth lovers in Jakarta at an exhibition titled “The Many Colors of Timor's Textiles. This event is being held to motivate the public to appreciate different kinds of Indonesian traditional cloth and those who are working to produce traditional woven cloth and fashion designers, said art museum unit manager Esti Utami.

Polyester yarn price slips in Asian market

In Shengze of Jiangsu, offers for 32s polyester yarn was at US$1.66 a kg and those for 45s at US$1.67 a kg in the last week of November.

Offers spun polyester yarn were lower that week in China amid thinner liquidity. Sales situation was better for 45s polyester yarn during the week compared to other specs.

In Pakistan, spun polyester yarn prices have marginally declined on the domestic market in Pakistan, despite anti-dumping duties on Chinese polyester staple fibers have raised raw material costs.

30s spun polyester prices were down US cents 6 a kg on the month.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price edges up in Asia

Asian PTA markers gained US$4 a ton CFR China in the last week of November.

In China, trading values of bonded cargoes were up US$3 a ton. Selling ideas picked up from US$600 a ton to US$615 a ton.

Yisheng Petrochemical’s offers were at US$602-605 a ton through the week while Hengli Petrochemical issued self-lifting offers in the range of US$625-630 a ton.

Purified terephthalic acid prices in Asian markets edged up on end-user and producer buying interest.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Jute mills urge Bangladesh govt to lift export ban

Related Keywords: ban on jute export, Indian jute industry, Indian jute mills association, jute industry of Bangladesh, jute mills in India, raw jute sellers of Bangladesh

A delegation of jute mill owners urged the Bangladesh government to lift the ban on the export of the raw fibre in the wake of supply constraints in Indian mills.

Indian Jute Mills Association said that prior to the ban, a large number of contracts had been signed between Bangladesh raw jute sellers and Indian jute mills owners and traders.

Commitments about 50,000 tonnes of raw jute are involved in these settled contracts. The imposition of ban will result in non-fulfilment of this contract.

ASF price remains stable in Asian markets

In China, offers for cotton-type staple fiber were stable at US$1.94-2.06 a kg while medium-length staple were at US$1.95-2.06 a kg in the last week of November.

Jilin Chemical Fiber maintained its list prices for November with 1.5D at US$2.06 a kg, 3D medium-length at US$2.05 a kg, tow at US$2.13 a kg and top at US$2.27 a kg.

Taiwan origin 3D bright ASF tow prices were pegged stable at US$1.65-1.80 a kg.

Acrylic staple fiber market sentiment was fair as downstream maintained hand-to-mouth procurement, but producers faced negative margins due to rising acrylonitrile cost.

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

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