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Related Keywords: Co-optex tie up with Thiruvalluvar Society, Cooptex, first product to get GI mark, hand-woven with single dot patterns and natural dyes, Madurai handloom, market traditional sarees, Sungudi saree, Tamil Nadu Handloom Weaver’s Society

The Tamil Nadu Handloom Weaver’s Society or Cooptex has decided to start marketing traditional sarees especially Madurai handloom Sungudi sarees, owing to the queries of handloom and textile enthusiasts across the country who wanted to procure handloom Sungudi sarees, said T.N. Venkatesh, Managing Director of Co-optex.

Related Keywords: add new stores, contemporary ethnic wear firm, increase online sales, increase top line growth, mix of company-owned and franchise outlets, offer new innovative products, open outlets in the Middle East, own W and Aurelia brands, scale up its sales, TCNS clothing

TCNS Clothing, contemporary ethnic wear firm that owns the W and Aurelia brands, are looking at 50 percent increase in their top line growth and scale up its sales in the current fiscal. They have set a target of achieving Rs 1,000 crore turnover by 2017 fiscal for which they will be offering new innovative product, add new stores and increase online sales.

In China, 30s compact siro-spun yarn in Jiangsu was up US cents 3 a kg in the fourth week of September while rayon weaving yarn 30s in Xiaoshan edged up US cent 1 a kg on the week.

Spun viscose yarn prices were stable to higher while selling ideas were reported stable. The markets were supported by the uptrend in viscose staple fibre prices while supply tightness remained unresolved.

Prices in India weakened sharply during the week although VSF prices held steady trend since Early May. The fall largely reflected weak demand, both in domestic as well as export markets.

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

With cotton prices falling sharply in India and downward revision in polyester fibre prices earlier in September, blended spun yarn prices moderated in similar proportion in the fourth week of September. PC yarn prices fell 2.6 per cent week on week while PV yarns were cheaper by INR 1 a kg.

In India, 30s (65/35) PV yarn prices unchanged due to strong INR in Indore market. PC 30s (52/48) prices fell US cents 4 a kg on the week in Ludhiana market.

In Qianqing, PC (65/35) 32s yarn prices were flat on the week while 21s down US cent 1 a kg on the week.

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

Related Keywords: delivery of finished and unfinished goods, demand for polyester saris, dress material seeing an increase, FOSTTA, from weaving units, hit hard with ongoing strike by transporters, largest MMF centre, sale of textile fabrics, start of festival season, textile dyeing affected, Textile traders of Surat, touches Rs one hundred forty crore per day

Textile traders of Surat, the country's largest man-made fabric (MMF) centre just when the demand for polyester saris and dress materials was seeing an increase with the start of the festival season has been hit hard with the ongoing indefinite strike by transporters.

Related Keywords: broiler business, cotton import, lorry strike in India, textile business in india, Textile exporters, vegetable market in Coimbatore

The nation-wide strike by lorry owners, which started on Thursday, created problems for textile business as well. The textile product movement to and from the units faced hindrances because of the strike.

Few mills that had imported cotton found it difficult to transport it to the unit from the port due to the strike, said M. Senthilkumar, Chairman of Southern India Mills’ Association.

Likewise, exporters were unable to dispatch the products from their units. The Centre should intervene immediately, he said.

Related Keywords: addressing the problems of Textile Mills, adverse external factors, called upon Central Government, China and Americas, cotton segment, duty structur in EU, glue in export market, moratorium on loan, policy change in Chine, spinning and weaving segment, The Telangana Spinning & Textile Mills Association, thriving mills facing closure, TSTMA

The cotton segment, spinning and weaving segments have been suffering from April 2014 onwards due to glut in the export market caused due to policy changes in China and the duty structure in EU, China and the Americas, said M. Anantha Reddy, General Secretary, The Telangana Spinning & Textile Mills Association (TSTMA).

To address their concerns on a priority basis to ensure that good thriving mills do not face closure due to adverse external factors, TSTMA has called upon the Central Government.

Related Keywords: affect Bangladeshi spinning sector, Bangladesh Textile Mills Association, break into local yarn market, cheaper rates, fall in consumption in China, largest cotton using country, lower prices of raw cotton, narrow profit margins, no hedging facility and warehousing system, purchase cotton at higher prices, supply raw material

The fall in consumption in China, the largest cotton-using country in the world is likely to affect the Bangladeshi spinning sector in two ways. Firstly, the slide in consumption will lower the prices of raw cotton worldwide further, which will also narrow the profit margins in Bangladesh. Secondly, other countries will break into the local yarn market as they will be able to supply the raw materials at cheaper rates.

Related Keywords: APTMA, delay in announcement of textile package, fresh demand, high cost of doing business, impact on cotton procurement, labour layoff, liquidity crunch, permanent closure of units, supply chian disruption, textile millers, textile sector, to announce package

The delay in the announcement of textile package was having serious aftermath on the textile sector including permanent closure of units, labour layoff, impact on cotton procurement and supply chain disruption, said All Pakistan Textile Mills Association (Aptma) Punjab chapter chairman Aamir Fiaz Sheikh, accompanied by former central chairman S.M. Tanveer, at a press conference held on Saturday.

Related Keywords: boost bilateral trade, Chollada Areerajjakul, discuss investment opportunities, establish joint ventures to produce textile products, led by Thai Board of Investment, negotiations to sign a Free Trade Agreement, representative of Billiger and Company, Textile and Clothing, Thai delegation, visited Chamber of Commerce and Industry

A Thai delegation led by Chollada Areerajjakul, Executive Director, Thai Board of Investment, along with representatives of Billiger & Company of Thailand visited Islamabad Chamber of Commerce and Industry to discuss possible investment opportunities in Pakistan.

Speaking on the occasion, Chollada Areerajjakul on Friday said that Pakistan is considered to be a potential hub for investment and the delegation has come to explore opportunities in textiles and clothing, jewellery, processed agricultural products and much more for Thai investors.