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Related Keywords: adopted TANTAVI Programme, around two crore or above, artistry of handloom products, comprising forty seven stalls of weavers societies, Dhaniakhali sarees, expects sales turnover, Ministry of Textiles, National Level Special Handloom Expo, NCTD, Shantipuri and Baluchari sarees, sponsored by Development Commissioner Handlooms

A National Level Special Handloom Expo, a 14 day expo started on Tueday sponsored by Development Commissioner (Handlooms) under Ministry of Textiles, Government of India. The Exp was formally inaugurated by Soma Bhattacharji, Commissioner of Textiles and Sericulture, Government of West Bengal.

Related Keywords: cotton tender, domestic market, failed to attract single bid, impose of ten percent advance tax, offload cotton stock, reluctant to procure cotton, scrap the tender, textile mills and traders, Trading Corporation of Pakistan

Trading Corporation of Pakistan (TCP) once again at its sixth cotton tender announced to offload cotton stock procured from the domestic market to facilitate the farmers did not fetch a single bid. It failed to attract textile mills and trader for cotton procurement, textile mills were reluctant to procure cotton from the state-run grain trader. Previously , TCP not received a single bid in the fifth cotton tender too, which was opened on September 14, 2015.

Related Keywords: benefit capital intensive industries, by fifty basis points, Make in India vision a reality, RBI, reduction of repo rate, Southern India Mills’ Association, textile to improve competitiveness

Southern India Mills’ Association (SIMA) chairman M Senthilkumar welcomed the RBI’s effort for reduction of repo rate by 50 basis points to bring it at 6.75 percent. The move will benefit capital-intensive industries such as textiles to improve its competitiveness.

The textile industry had been seeking reduction in interest rates. With reduction in interest rate, the industry will be able to invest more and make the ‘ Make in India’ vision a reality. He appreciated efforts made by the RBI in bringing the guideline for base rate so that the banks follow a uniform procedure.

Related Keywords: CCC, fast growing area of modern textiles, home textiles, Indian textile exhibition, organized by SRTEPC, partnership between India and Egypt, showcas latest range of yarn and fabircs, strength trade, third edition in Egypt, yarns of man-made fibre and their blends

The third edition of the Indian textile exhibition in Egypt (INTEXPO EGYPT) began on October 1 at Cairo International Conference Centre which will run through till October 4 where 33 participating Indian companies will showcase their latest range of yarn and fabrics, which includes suitings, shirtings, dress materials, and embroidered fabrics/high fashion fabrics, furnishing, home textiles, scarves, stoles, shawls and yarns of man-made fibre and their blends.

Related Keywords: BIDV, challenges from large rivals, conference entitled Garment and Textile, focusing on integration, FTA, Opportunities and Challenges, PPP, restructure to improve competitiveness, shortage of capital and backwards technology

A conference entitled Garment and Textile – Opportunities and Challenges, focusing on integration was held in Ha Noi yesterday as the development of Vietnam's garment and textile industry was behind other countries. Moreover, many domestic garment and textile companies would face more challenges from large rivals following integration.

Tran Quang Nghi, chairman of the National Garment and Textile Group (Vinatex), speaking at the conference said that a shortage of capital and backwards technology, along with weak management capacities, had created difficulties for the businesses.

Related Keywords: ban for import, best cotton in Africa, create wealth and jobs, name of Sakiza and Kariba, only two factories operating, potential to grow, promoting textile factories, re-invest in Mulungushi Textiles, reduce importation of goods and services, Zambai textile industry

Zambai, currently has only two factories operating by the names of Sakiza and Kariba but these are not enough to promote the export of essential goods and services to other countries. Zambia has the potential to grow the textile industry because it has the best cotton in Africa thus government has started promoting the establishment of textile factories that can create wealth and jobs for the locals, said the DEPUTY Minister of Commerce, Trade and Industry Miles Sampa.

In the third week of September, offers for cotton-type staple fiber in China rolled over from last week. Taiwan origin 3D bright tow offer declined US cents 18-22 a kg.

Jilin Chemical Fiber’s list prices for September was flat at August with 1.5D at US$2.46 a kg, 3D medium-length at US$2.45 a kg, tow at US$2.53 a kg and top at US$2.67 a kg.

In China, mainstream ASF producers maintained stable offers while buying in downstream yarn sector was need based with low run rates. However, overall negotiation atmosphere remained lackluster, citing concerns over ASF market development.

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

In the third week of September, Asian acrylonitrile markers fell US$15-25 a ton both CFR Far East Asia and Southeast Asia. In China, spots offers were down US$100 a ton.

Acrylonitrile prices in Asian markets were under falling cost pressure amid weak demand. Upstream propylene prices continued to soften, with further drops expected. While there were few cargoes arriving ports, markets were well supplied.

Run rate at ASF units was close to 100 per cent while ABS prices inched down. Acrylamide producers ran at reduced rates on poor end user demand and thin trades.

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

Related Keywords: boast unique technical features, Busi Giovanni, display brand new Medical Panty hose, high production single cylinder sock machine, hosiery knitting machines, Italian socks knitting machine producer, knitting performance, latch needles in the dial, new model Twin Layer

Busi Giovanni, leading Italian socks knitting machines producer has announced its line-up for next month’s ITMA, which doubtlessly is the most important international showcase for textile and garment manufacturing technologies. They are going to display their brand new MEDICAL PANTYHOSE 4.5", which boasts simply unique technical features and knitting performance for today’s medical-hosiery industry, said Busi’s Export & Marketing Manager Michele Castagna.

Related Keywords: connect design and product development team, enhance product quality, Grupo Kaltex, largest exporters of textile and apparel, needed to create new products, promote collaborative work environment, reduce the time, selected Lectra Fashion PLM, streamline process

Grupo Kaltex is one of the largest exporters of textiles and apparel in Mexico, with holdings that serve international markets across the US, Canada, Europe and South America. The group has selected Lectra Fashion PLM to help them connect design and product development team at their US subsidiary Revman International and their Mexican manufacturing division Kaltex Home, in an effort to streamline process and promote a more collaborative work environment.