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Related Keywords: aiming to end imports, Angolan minister of Industry, called for investment in cotton production, domestic and foreign investors to invest, in Malanje, Kwanza Norte, Luanda and Benguela provinces, rehabilitated by government, to support three large textile factories

To support the three large textile factories rehabilitated by the Government in Kwanza Norte, Luanda and Benguela provinces, the Angolan minister of Industry, Bernarda Martins, called for investment in cotton production in Malanje.

Bernarda Martins speaking at the International Conference on Investment Promotion for the province which ended on Thursday urged domestic and foreign investors to invest in cotton production in Malanje,

Related Keywords: BTMA, CII, garment sector, inadequate production capacity, Indian delegation in Dhaka, looking for investment opportunities in textile sector, opportunity for growth, urged to invest in Banglaodeshi weaving sector

Indian delegation that is in Dhaka looking for investment opportunities in the textile sector has been urged to invest in the Bangladeshi weaving sector as there is an opportunity for growth said Fazlul Hoque, vice-president of Bangladesh Textile Mills Association who led the Bangladeshi team at a discussion with the leaders of the Confederation of Indian Industry (CII) at the BTMA office in Dhaka.

Related Keywords: acquires stake of Maximark, acquisition includes nine outlets, boost presence in retail sector, OceanMart chain, own retail brand VinMart, Vinatex, Vincom Retail chain, Vingroup

Vingroup, which has its own retail brand VinMart, has acquired a 100 percent stake to become the new owner of Maximark, the Hanoi-based firm. The acquisition includes nine Maximark outlets and other properties which previously belonged to Ho Chi Minh City-based An Phong Investment JSC.

All of these nine outlets will become members of either the VinMart or Vincom Retail chains operated by Vingroup after the acquisition is completed.

Related Keywords: allotted land at Chitroli in Bagru, deadline for applying for plots, infeasible to connect with CETP, RICO, textile unit ower decline to shift to Sanganer, textile units

The Rajasthan State Industrial Development and Investment Corporation (RIICO) had allotted land at Chitroli in Bagru to the 173 textile units that were found infeasible to connect with the common effluent treatment plant (CETP). They claim that all units including these 173, operating in Sanganer can be linked with the proposed CETP. The deadline for applying for the plots at Chitroli was October 15. But no unit owner applied for it.

In China, 40s compact siro-spun yarn in Jiangsu were steady in the third week of October while 30s spun viscose in Xiaoshan were up US cent 1 a kg on the week.

Spun viscose yarn prices were largely stable across markets with some specs inching up in China as viscose staple fibre markets continued to remain firm.

High end VSF were priced higher. However, viscose yarn producers showed stronger sidelined stance after Xinjiang Aoyang restarted VSF unit.

Order intakes were just passable in general but a bit weak compared with last month.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Yarn prices in India stayed unchanged or slightly increased in the third week of October.

While PSF and VSF prices rolled over, cotton prices have rebounded INR100-500 per candy during the week, although they were significantly lower than in September.

In India, 30s (65/35) PV yarn prices were up US cents 2 a kg, due to stronger INR, in Indore market. In Ludhiana, PC 30s (52/48) prices were also up US cent 1 a kg on the week.

In Qianqing, PC (65/35) 32s yarn prices remained unchanged on the week while 21s were steady.

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

Related Keywords: cotton crop growers, cotton crop mandis, cotton crop sale in Haryana, cotton ginners in India, tax refund on cotton, value added tax paid on raw cotton

In Haryana, cotton ginners went on strike to protest against alleged disparity in tax structure.

“We are striking and protesting against the state government as they did not solve our issue relating to refund of tax on inter-state sale of cotton crop,” said Sushil Mittal, president of Haryana Cotton Ginners Association.

Nearly 144 cotton ginners in Haryana went on strike which has affected the purchase of crops in mandis.

“Everyday around 5,000 bales arrive in mandis for sale but we are not buying the crop,” he said.

Related Keywords: an Italian synthetic fibre business, bacterio-static properties, bio polymer, Evo, extremely breathable, Fulgar, launches new high performance nylon fibre, made from entirely castor oil seed, sport sector, stretchy, suitable for all textile applications, ultra light

Fulgar, an Italian synthetic fibre business launches a new high performance nylon fibre made from bio-polymer derived entirely from castor oil seed to interpret the needs and values of today’s society. According to the company the fibre – Evo – is suitable for all textile applications, with particular applications for the sports sector, being ultra-light, stretchy and extremely breathable.

Related Keywords: Bangladesh readymade garment sector, BGMEA, BTMA, DoT, faces serious shortage of skilled workforce, KBMEA, lack of investment in new machinery, meet demand from global clothin industry, slow down upgradation, technologies, tranformation of garment industry, vocational and technical institutes

The Bangladesh's readymade garments (RMG) sector besides, lack of investment in new machinery and technologies, according to industry sources is facing serious shortage of skilled workforce which is likely to slow down the upgradation and transformation of the garment industry necessary to meet the demand from the global clothing industry.

Such a shortage has emerged as a major constraint to realisation of the sector's true growth potential, in terms of productivity and production of high end apparels.

Related Keywords: Agriculture Minister Essam Fayed, allocated 300 million EGP, buy total cotton crop production, Eyptian government, long staple cotton, medium and short staple cotton, permitted to import cotton into Egypt, protect cotton cultivation, save textile industry

The Eyptian government to protect cotton cultivation has allocated 300 million EGP to buy the total cotton crop production during this season, Agriculture Minister Essam Fayed said.

This season so far about 200 million kilograms of cotton were produced. The government will pay each farmer 1,100 EGP ($170) for a quintal (100kg) of cotton grown in Upper Egypt and 1,250 EGP per a quintal of long staple cotton grown in the Delta.