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Related Keywords: collaboration with Punjab government, Egypt and Afghanistan, exhibitors from Pakistan, five day mega trade exhibition, organzied by PHD chamber of Commerce and Indusrty. ideal platform for Indian manufacturers and traders, showcase ther products include textiles, Ten edition of PITEX

The 10th edition of Punjab International Trade Expo (PITEX) – 2015, a five day mega trade exhibition in collaboration with the Punjab government as the host state to be organized by the PHD Chamber of Commerce and Industry. PITEX is an ideal platform for the Indian manufacturers and traders to showcase goods at the international level. Besides Indian companies, exhibitors from Pakistan, Egypt and Afghanistan will showcase their products..

Related Keywords: boost employment, diversifty economy, FBN Capital, local financial institution, Nigeria's textile market, Nigerian new administration, reduce pressure on import bill, revenue diversification, revival of textile industry, textile industry performed poorly, to heavy inflow of smuggled textiles

The Nigerian new administration favours the revival of the country's textile and footwear industry as it would play a significantly major role to diversify the economy. Not only could it result in revenue diversification and reduce pressure on the import bill, it could also help boost employment, said FBN Capital, the local financial institution.

The Nigerian Investment Promotion Commission (NIPC) recently announced it would work closely with National Cotton, Textile and Garment (CTG) policy committee to resuscitate the country's textiles industry.

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

Jilin Chemical Fiber’s list prices for November rolled over 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 fibre prices moved flat on the week as upstream, acrylonitrile prices continued to firm a bit, further eroding ASF producers’ margins.

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

Asian acrylonitrile markers climbed further US$10-30 a ton CFR Far East Asia in the third week of November while India FOB was at US$950-1,050 a ton.

The Southeast Asia was up at US$954-956 a ton. In China, offers for offshore cargoes rose to US$1,100 a ton.

Acrylonitrile was dearer across the Asian markets that week amid a dearth of supply and tight China supply triggered surge.

Deepsea cargoes availability however, curbed hike in prices in SE Asia and India.

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

Related Keywords: allow South Korea, future investment plans, government officials and businessmen, help lay basis for more trade and industrial cooperation, Korea Federation of Textile Industries leaders, meet Ethiopian President, South Korean economic delegation, take greater role in Bole Lemi, thirty seven person, visit Ethiopia and the Ivory Coast

An economic delegation of South Korea that includes 37-person, made up of government officials and businessmen, would be visiting Ethiopia and the Ivory Coast to help lay the basis for more trade and industrial cooperation, said the Korean Ministry of Trade, Industry and Energy.

Lee Sang-Jin, Director General at the Ministry of Trade's Cooperation Office, said that during the visit, leaders from the Korea Federation of Textile Industries would meet Ethiopia's President to discuss future investment plans.

Related Keywords: Andhra Pradesh government, Cheneta Hoyalu, display handloom products, district-level handloom exhibition, Foundation stones for centres, laid at Kappaladoddi and Pedana, mega showrooms to open, set up three common facility centres, total thirty four Weavers’ Co-operative Societies, Visakhapatnam and Tirupati, weavers in Krishna district

The State government Excise and B.C. Welfare Minister K. Ravindra on Tuesday announced that more than Rs. 96 lakh would be spent on setting up the three common facility centres for weavers in Krishna district.

Foundation stones for the centre have already been laid at Kappaladoddi and Pedana, and officials will soon identify the location for the other centre in the district.

Related Keywords: Andhra Pradesh government, announces debt waiver scheme, Finance Department gives approval, handloom and powerloom sector, implemented during Janmabhoomi programme, individual loan, loans against weavers credit cards, powerloom units with below five HP power connection eligible for the loan waiver scheme, under the scheme, Weavers Group loans

Andhra Pradesh government has announced debt waiver scheme to handloom and powerloom sector. Under this scheme loans worth Rs.110.96 crore will be waived. It was one of the election promises made by the Telugu Desam Party president N. Chandrababu Naidu along with the debt redemption scheme for farmers.

The loan waiver would be implemented during Janmabhoomi programme commencing from January 1 and the Finance Department also gave its approval.

Related Keywords: competitive in textile industry, contains cosmetic ingredient, improve quality of skin, Japanese chemical company, launch first wearable cosmetics, made from new fiber, range of women undergarments, retain skin moisture, sold under the Raffinan brand, subsidiary of Teijin Ltd, Teijin Frontier

A Japanese chemical company, Teijin Frontier, subsidiary of Teijin Ltd all set to launch the first “wearable cosmetics” range of women’s undergarments made from a new fiber which contains cosmetic ingredient to improve quality of skin and help retain skin moisture to prevent dryness and roughness, it is part of efforts to be more competitive in textile industry.

Related Keywords: agriculture experts advised farmers, appreciation in the dollar's rate, damaging next crop, destroy remains of cotton crop, eliminate pests, fearing rise of short supply, official spot rate down, Pakistan cotton market, survive on cotton, trading activity showed improvement

Trading activity at Pakistan cotton market showed improvement on Tuesday fearing rise of short supply, according to dealers. In Sindh, seed cotton prices were at Rs 2200 and Rs 2800 and in the Punjab, rates were at Rs 2300 and Rs 3000. The official spot rate was down by Rs 50 to Rs 5,300.

In the ready business, deals of over 14,000 bales of cotton finalised between Rs 5125 and Rs 5600. Dealers said.

According to cotton analyst, Naseem Usman, there is no fundamental change to observe just mills and spinners were making deals to keep themselves away from future losses.

Related Keywords: bagged four CII National awards, bagged the Innovative Case Study Award, first prize in quality, KOB pioneer in medical textiles, MSME Category from the jury, National cluster summit, organized by CII, second prize in the category of Productivity, subsidiary and Foreign Direct Investment of KARL OTTO Braun, third prize in cost and energy

The 8th National Cluster Summit recently held in New Delhi organized by the Confederation of Indian Industry (CII), KOB pioneer in medical textiles based in Palladam nearby Tirupur District bagged four CII National awards.

The Company received first prize in quality with case study - Defect part reduction in Product, second prize in the category of Productivity - for SMED implementation in warping and third prize in cost and energy : Case study being "Steam consumption Reduction in Processing.