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Wood pulp dearer amid cautious buying in China

Pulp markets saw some activity in the first week of August as fresh offers for hardwood pulp were heard at US$860-870 a ton, while that for softwood pulp absent. Downstream viscose producers were cautious to accept high offers, so discussions remained stalemated.

In China, dissolving pulp prices moved up and suppliers still tended to raise offers on limited supplies. The prices were up US$10 a ton from last week. Sentiment was firm in imported dissolving pulp market. It is expected that offers for softwood pulp and Asia-origin hardwood pulp will be released in coming week.

Related Keywords: cotton pulp prices, hardwood pulp prices, pulp prices, pulp prices in China, softwood pulp prices, Viscose prices, wood pulp prices

Indian designer Tahiliani to partake at Sopritti’s Fashion, Glamour and Lifestyle show in the UAE

Related Keywords: and accessory lines, and digital textile printing, couture, diffusion, fashion, Glamour and Lifestyle event, Indian fashion designer, Italian pattern cutting, prêt-a-porter, Tarun Tahiliani, to showcase newest collection, traditional Indian wear combined with international styles, UAE based initiative Sopritti

Tarun Tahiliani, an Indian fashion designer to showcase his newest collection at the Fashion, Glamour and Lifestyle event by UAE-based initiative Sopritti who holds many a fashion and art exhibitions, many of which are in support of a good cause such as raising awareness about less fortunate children in the UAE. The event will take place in Dubai this September 19.

Exhibition on traditional cloth of Indonesia songket starts at Jakarta Textile Museum

Related Keywords: a piece woven with silver thread, a silk woven cloth from Aceh, and Ija Pinggang, Baju Muli from Kaur, exhibition on Indonesian traditional cloth, Jakarta Textile Museum, on display at exhibition, songket, Tembe Songke sarong, the colorful King Sungkir sarong

Jakarta Textile Museum is hosting a songket (traditional cloth) exhibition to create awareness about the richness of Indonesia’s songket,” Art Museum management unit head Dyah Damayanti said on Wednesday.

Pakistan hosiery manufacturers against the idea of imposing import duty on yarn

Related Keywords: apparel export sector, considering to regulate duty on import of cotton yarn, Federal Board of Revenue, international market, negative impact on value added textile sector, PHMA, protect spinning sector, rejects idea of imposing import duty

The Federal Board of Revenue (FBR) is considering to regulatory duty on import of cotton yarn as a move to protect spinning sector against this Pakistan Hosiery Manufacturers and Exporters Association (PHMA) have rejected the idea of imposing import duty on yarn as it would pose negative impact on the value-added textile sector.

VASTRA 2015 international textile fair all set to blaze a new precedent

Related Keywords: business fashion shows, exports, FICCI, forming new business relations, international textile and apparel fair, investment destination in textile sector, Live demos of traditional textile crafts, Ministry of textile, partnerships worldwide, platform to participants and exhibitors, projecting India as prominent sourcing hub, RIICO, Vastra

Following the grand success of the VASTRA 2014 where business worth $85 million was generated, VASTRA - 2015 is all set to blaze a new precedent. Rajasthan State Industrial Development and Investment Corporation Ltd.(RIICO) in collaboration with FICCI and support of Union Ministry of Textiles to organize the fourth edition of international textile and apparel fair 'VASTRA'.

Viscose price edges up as market sentiment improves

Viscose staple fibre markets were generally range bound. In the first week of August, trades for medium-end and high-end goods in China rolled over and later, market sentiment improved slightly with the reports of maintenance plans at major producers. Negotiations for medium-end and high-end goods mostly moved up.

Prices inched up in China while they remained unchanged in India and Pakistan. VSF prices are expected to continue to climb after transactions partially materialized at fresh levels. Upstream pulp market will also see offers moving up supporting VSF markets.

Related Keywords: rayon prices, Viscose price, viscose staple fibre price, vsf price in China, vsf price in India, vsf price in Pakistan

Investors to set up factories elsewhere with decline in China’s competitiveness

Related Keywords: China swung from land of opportunity, economic sick man of Asia, electricity cost, establish factories elsewhere, foreign investors, manufacturing centre, number of domestic, Rapid decline in competitiveness in China, rising wages, TPP

China’s rapid decline in competitiveness as a manufacturing centre is being displayed both in market analysis and in the number of domestic and foreign investors who are looking elsewhere to establish their factories. China has swung from being the land of opportunity to the economic sick man of Asia.

Polyester filament yarn price declines in China and Pakistan

Polyester filament yarn prices were seen falling in China in the first week of August while producers pegged offers mostly stable. Downstream buyers were on the sidelines expecting prices to follow sobering upstream cost. Sales varied according to products.

Related Keywords: dty price in Pakistan, polyester filament yarn price, Polyester price, poy price in China, poy price in India

India and Sacu likely to finalize very limited agreement

Related Keywords: barriers to trade in India, Brics, chemicals, different regions different processes, India is South Africa’s sixth-largest trading partner, India Sacu offer, proposed for preferential treatment, Sacu, sensitive sectors like clothing and textiles, sensitivity of some products, Trade agreement

India is South Africa’s sixth-largest trading partner with trade last year amounting to nearly R50bn. Barriers to trade in India and the sensitivity of some of the products it has proposed for preferential treatment are the main stumbling blocks to concluding a trade agreement. The negotiations between India and the Southern African Customs Union (Sacu) to provide a legal and institutional framework have been going on for nearly two years.

Closure of Bhiwandi, Malegaon powerloom units to impact textile business

Related Keywords: Bhiwandi and Malegaon powerloom, closure of processing units in Rajasthan, impact textile business in Surat, incurring huge losses due to market slowdown, low demand of grey cloth, people jobless, price of grey cloth falling, stop production, textile centres of Maharashtra

The alarming economic situation at both the textile centres of Maharashtra has left about one million people jobless besides a loss of about 150 crore rupees every day as over ten lakh powerlooms in Bhiwandi and Malegaon - estimated to be over 50% of the total in India, have stopped production. The two textile centres have incurred huge losses due to market slowdown and closure of processing units in Rajasthan.

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