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Related Keywords: address the problems of value added textile industry, burdened with multiple taxes with high cost of inputs, electricity, intervene and frame a policy, Pggmea, raw material, reduction in input costs, sharp drop in exports, tariffs of gas, urged Pakistam prime minister

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chief Coordinator Ijaz A Khokhar urged the prime minister to intervene and frame a policy for a reduction in input costs, otherwise industrial units would not only close down, but millions of workers would also lose their jobs. The government need to address the problems of the value added textile industry sector on an urgent basis as there is a sharp drop seen in the current exports of textile and clothing during the first four month (July-October) of 2015 which may widen further in the next quarter.

Related Keywords: Ashkhabad filature oldest silk production enterprise, came into the country on caravans, Exquisite and durable, return to former glory, rising to be modern nation, silk production, spur economic growth, traditional silk industry, Turkmenistan, venturing into overseas markets

Turkmenistan is rising to become a modern nation, and seeing one of its traditional silk industry return to its former glory and spur economic growth. This old business has existed along the old Silk Road for thousands of years.

Exquisite and durable, silk production in Turkmenistan thousands of years ago, came into the country on caravans traveling along the old silk road. Now silk products made here are venturing into overseas markets.

Related Keywords: brands such as the Edinburgh Woollen mill and Peacocks, Edinburgh Woollen Mill, largest retail business in Britain, open hundred new stores, owns budget fashion chain Peacocks, plans major expansion initiative, Scottish fashion retailer

Edinburgh Woollen Mill (EWM) a Scottish fashion retailer that also owns the budget fashion chain Peacocks which already has more than 1,000 stores, is one of the largest retail business in Britain as part of its major expansion initiative plans to open 100 new stores over the next two year of brands such as The Edinburgh Woollen Mill and Peacocks, which will also lead to the creation of 800 jobs in the current fiscal year.

Out of the 1,000, 71 stores were added this year. The expansion reiterates the group's focus tabled in 2013, to create more than 1,100 stores over 18 months.

Related Keywords: Cotton Association of India, Cotton Ginners, Cotton ginning industry, cotton seed, face tough time, falling cotton prices, low export demand, major buyers like China, raw cotton, realization from processed cotton, Saurashtra Ginners Association, shrinking profit margin

Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country.

Related Keywords: and Information modules, consists of four modules, Dystar, for product selection, introduces Eliot, leading provider of products and services, newly devleoped internet based tool, Optidye, process optimisation in dyeing process, Product Finder, textile industry includes textile dyes operations, the Green Selection

DyStar, a leading provider of products and services for the textile industry includes the textile dyes operations of the major former dyestuff producers Bayer, Hoechst, BASF, ICI/Zeneca, Mitsubishi and Mitsui. At ITMA 2015 which concluded last week, DyStar introduced Eliot the company’s newly developed, internet based tool for product selection and process optimisation in the dyeing process.

Related Keywords: Esprit, improve living and environmental condition, international fashion brand, joined Partnership for Sustainable Textiles, represents style and quality, set up by German government, stakeholders from textile industry, workers in textile manufacturing countries

Esprit is an international fashion brand that represents style and quality since 1968 and it has a presence in over 40 countries with approximately 900 directly managed retail stores and over 7,800 wholesale points of sale, including franchise stores and sales spaces in department stores with inspiring collections for women, men and kids has joined the Partnership for Sustainable Textiles set up in 2014 by the German government and stakeholders from textile industry.

Related Keywords: Bhilwara leading centre, establishments in various textile units, integrated textile parks, investment proposals, largest producer of polyester viscose yarn, MoUs signed with several private companies, next destination for investors, Rajasthan textile hub, synthetic suting material in the country, Technical textile

Rajasthan has not just emerged as a textile hub over the last few decades which provides direct and indirect jobs to nearly seven lakh people and contributes 17percent to the state’s exports but nationally, the state has emerged as the largest producer of polyester viscose yarn and synthetic suiting material in the country with Bhilwara becoming the leading centre.

In Qianqing, offers for 32s polyester yarn were down US cents 2-3 a kg in the second week of November.

Spun polyester yarn markets were mixed that week despite prices did not change in the first week while offers were adjusted lower and sporadic deals were concluded.

In China, polyester yarn markets were looking for a direction, although signs are emerging of a new decline in the coming period.

Export were also sluggish and cheaper prices offered by importers for lower counts usually attracted processors.

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

Asian PTA marker fell US$3 a ton CFR China and Southeast CFR in the second week of November.

In China, selling indications for cargoes held steady at above US$600 a ton throughout the week with discussions slipping to US$600-605 a ton from US$610 a ton earlier in the week.

Yisheng Petrochemical’s offers were pegged at US$640 a ton throughout this week while Hengli Petrochemical issued self-lifting offers in the range of US$635-640 a ton.

Purified terephthalic acid prices slipped in Asian markets amid bearish sentiment and thin trading.

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

Related Keywords: agro, bridge gap between business communities, Carlos Morales, improve trade relation with Pakistan, increase bilateral ties, increase trade volume in textile, Rawalpindi Chamber of Commerce and Industry, Spain, Spain eleventh largest investors in the world, Spanish envoy

Spain has shown interest to improve its trade relation with Pakistan, said Carlos Morales, Spanish envoy. He further added that his embassy would be in touch with the chamber to increase the bilateral ties and bridge the gap between the business communities of both the countries.

He said that Pakistan must take advantages of GSP plus status to capture European trade markets for which they could provide assistance in energy sector in Pakistan especially in wind power as country was facing immense energy crisis.