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Related Keywords: cheap import of textile products, gazetter Statutory instruments, increase customs duty, local textile industry, operating below capacity, Poly-knitted fabric, Sadc and Common Market for Southern Africa, Zimbabwe governemnt, Zimbabwe Textile Manufacturers Association

Zimbabwe government is yet to gazette Statutory Instruments (Sis) discouraging cheap imports of textile products into the country due to which the local textile industry has been operating at below 30% of capacity in the first-half of the year, said Zimbabwe Textile Manufacturers’ Association (ZTMA) secretary-general Raymond Huni

The government is in the process of gazetting the SIs enforcing the rebates introduced by the Finance minister (Patrick Chinamasa). They hope that the SI would be gazetted in two weeks’ time and it’s only after that they will start realizing some changes.

Blended yarn prices were steady to up in Asian markets in the fourth week of October.

In India, prices gained on domestic demand while exports were weak.

30s (65/35) PV yarn prices were flat in Indore market.

In Ludhiana, PC 30s (52/48) prices gained US cents 3 a kg on the week.

In September, blended spun yarns export were down 16 per cent YoY while volumes fell 9 per cent.

In Pakistan, prices were increasing on the domestic markets on demand recovery from the textile producers and the rebound of cotton prices.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Related Keywords: cotton index, fabric industry, regulatory duty on yarns, spinning mills in Pakistan, textile industry of Pakistan, textile mills in Pakistan, weaving mills

All Pakistan Textile Mills Association (APTMA) Central Chairman Tariq Saud stated that the government’s decision of imposing regulatory duty of 10% on yarn and fabric is sensible and based on thorough facts.

Around 40% capacity of spinning, weaving and processing mills has become impaired, closed and inoperative.

In this situation, the government’s decision would play a crucial role in saving the textile industry of Pakistan to come out of the crisis, said Tariq.

Related Keywords: briefed on various initiative, Dutch delegation of industrialists and businessmen, Dutch keen to invest, includes textile and apparel sector, lead by Netherlands Ambassador to India Alfonsus Stoelinga, met AP chief minister, ten sector to attract investment

Dutch delegation of industrialists and businessmen lead by Netherlands Ambassador to India Alfonsus Stoelinga on Thursday met the Chief Minister N Chandrababu who briefed the delegation on various initiative his government has taken in ten sectors to attract investment.

The chief minister told the delegation that in AP apart from natural and human resources, there was enough land, power supply and connectivity. The delegation, after discussion with the CM, evinced interest in investing in AP and decided to set up a joint working group to devise a road map.

Related Keywords: first quarter of current fiscal year, higher demand on international front, lower commodity prices in domestic market, Pakistan raw cotton exports, registered ten percent growth, unlikely to achieve initial cotton production target

Pakistan’'s raw cotton exports during the first quarter of current fiscal year (FY16) registered a 10 percent growth due to lower commodity prices in the domestic market and higher demand on the international front. India, Indonesia and Vietnam were leading buyers of Pakistani cotton.

Bangladesh also procured some commodity during the first three months of this fiscal year, when prices were less than Rs 4,800 per maund in the domestic market. They procured some quantity from Pakistan to meet their demand as Indian cotton crop arrives after Pakistan''s crop.

Related Keywords: all kind of textile fabrics (cotton fabrics, blended fabrics and also Man made fibres based fabrics), Commerce Ministry, eligible for two percent MEIS benefit, expanded current incentive scheme for exporters, greater number of markets, include more products, includes textile items, increased the incentive amount, MEIS amended

The Commerce Ministry has expanded the current incentive schemes for exporters to include more products, greater number of markets and, in some cases, has also increased the incentive amount. The additional items that have been included in the Merchandise Exports from India Scheme (MEIS) are textile items, according to an official release.

The Indian Texpreneurs Federation, a body of spinners in the region, today welcomed the commerce ministry's announcement amending the Merchandise Exports from India Scheme (MEIS), saying the move would help ease some pressure and boost exports.

Related Keywords: during blending process, into their knitwear collection, introduced Donegal yarn, Johnstons of Elgin, knitwear and accessories, known as Johnstons Cashmere, making cashmere and fine wollen cloth, wollen mill, yarn is spun with knops of multi-colour

Johnstons of Elgin, also known as Johnstons Cashmere, is a woollen mill based in Elgin, Moray, Scotland making cashmere and fine wollen cloth, knitwear and accessories in Scotland since established in 1797 have introduced Donegal yarn into their popular knitwear collection.

As far back as 1851 the company pioneered the weaving of Vicuna and Cashmere in Scotland. This method remains the foundation of their products today.

The company will now add Donegal yarn to their products, which are knitted in Hawick, Scotland.

Related Keywords: buyers eager for quality lint, focus on fine grade, Ginners, Karachi Cotton Association, made deals on slightly higher prices, Pakistan cotton market, spot rate unchanged, trading session cotton bales

At Pakistan cotton market on Thursday focus was more seen on fine grade as buyers remained eager for quality lint and made deals on slightly higher prices at around Rs5,525 per maund during the trading session. Around 3,900 bales changed hands. The Karachi Cotton Association (KCA) spot rate unchanged Rs 5,400 per maund.

According to a senior trader, Ghulam Rabbani, buyers and sellers remained entangled in price war on second grade stuff and buyers bought the grade at around Rs 5,175 per maund to cater their immediate need.

Related Keywords: defence procurement manual under review, for soldiers, gloves, Indian defence sector, jackets, look of more local manufacturers, protective clothing, requires textile items, shoes, socks, sources from domestic and overseas manufacturers, tarpaulins, tent material, volume requirement going up

The Indian Army often requires gloves, jackets, socks, shoes, tent material, tarpaulins, and many more textile items for the soldiers who are in high altitude and super high altitude areas, sources these from the domestic and overseas manufacturers. But it is now looking at more of local manufacturers and is creating awareness among the local industries on the defence requirements for protective clothing.

Related Keywords: after four consecutive periods of growth, China and Turkey, domestic market on the rise, domestic order index jumps, foreign markets, Italian textile machinery, orders appear to fall short, performance lower, world major textile markets

Italian textile machinery after signs of recovery observed during the previous quarter, the domestic market took one more step forward, with a domestic orders index jumping up by 44 percent compared to the same period for 2014. The domestic market is on the rise which is a good omen for ITMA Milan, commented Raffaella Carabelli, President of ACIMIT.