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Related Keywords: display new machines, Karl Mayer, manufacturer of warp knitting machines, newly developed machine, nternational trade fair for textile machinery, ShanghaiTex, terry tricot machine, terry warp knitting machine

Karl Mayer, the leading manufacturer of warp knitting machines at ShanghaiTex, an international trade fair for textile machinery that takes place from 15-18 June in Shanghai has put on display machines – a new terry tricot machine type TS EL, a performance-enhanced HKS 4-M and a Multibar Jacquardtronic Lace type MJ 59/1 S with special guide bar configuration – demonstrated their efficiency during operation in front of a large audience.

Related Keywords: agree to strengthen trade and professional linkage, articles of apparel, bilateral trade volume, cotton fabrics, enhance mutual trade and investment, establish institutional mechanism, Federation of Pakistan Chambers of Commerce and Industry, Italy and Pakistan, through Joint Business Council, woven made-up articles of textile materials

During a meeting of Italian Vice Foreign Minister Benedetto DettaVedova, with Federal Minister for Commerce, Engr. Khurram Dastgir Khan on Tuesday, the two countries Pakistan and Italy came to an agreement on providing institutional foundation for strengthening trade and professional linkages through Joint Business Council and interaction between Federation of Pakistan Chambers of Commerce and Industry with Italian counterpart.

The two sides discussed avenues to establish institutional mechanism to enhance mutual trade and investment.

Related Keywords: APTMA, business advisory council, delayed refunds, double exportsbusiness advisory council, facillitate exporting sectors, lack of global orders, make exports zero rated, market access, Pakistan commerce ministry, policy flaws, Textile exporters, through incentives, viable long term policy

Commerce Minister Khurram Dastagir after his separate meetings with the All Pakistan Textile Mills Association (Aptma and carpet exporters on Monday said that the government after two years of consolidation was now in a position to facilitate the exporting sectors through incentives, market access and a viable long-term policy.

Spun viscose yarn prices weakened in week two of June in China and India as upstream viscose fibre cost moderated slightly. In China, medium-end VSF price was down US cents 2 to US$2.04-2.06 a kg while high-end fibres were in the range US$2.08-2.09 a kg).

In India, VSF producers’ prices were stable at US$2.20-2.31 a kg and no hike was proposed yet for June. Spinners reportedly had low inventory of raw material and are likely to replenish gradually in coming week but in low volumes seeing demand for yarn still rigid and no signs of improvement in near future.

Related Keywords: Viscose prices, viscose yarn price in china, Viscose yarn price in india, viscose yarn price in Pakistan

Prices of spun polyester yarns in China remained range bound in the week ended 12 June, while the transaction volume remained low. Mainstream offers rolled over previous week’s numbers for 32s while 45s saw moderate transaction. Some yarn makers reduced run rate during the wheat harvesting season.

Related Keywords: Polyester prices, Polyester yarn price in china, Polyester yarn price in india, Polyester yarn price in Pakistan

Related Keywords: filed petition with NTC, grab companys market share, increase in customs duty, Lotte Chemical Pakistan Ltd, owned by South Korean group Lotte, protection against cheaper imports, sole producer of PTA, used by polyester industry

Lotte Chemical Pakistan Limited owned by South Korean conglomerate Lotte and a sole producer of pure terephthalic acid (PTA) used by the polyester industry seeks protection against cheaper imports of the PTA fearing it may grab the company’s market share. They have filed a petition with the National Tariff Commission (NTC), seeking an increase in customs duty on PTA imports from 4% to 5%, according to a press release.

Related Keywords: Large scale plantation of Mulberry, mulberry sapling distributed, Ningtham Sericulture Farm, North Eastern Region Texile Promotion Scheme, produce adequate silk, Sericulture Farmers Development Union, Thoubal district, under NERTPS

Large scale plantation of mulberry under North Eastern Region Textile Promotion Scheme (NERTPS) 2014-15 in different parts of Thoubal district has been started from today with the objective of producing adequate silk in the state.

The plantation of mulberry was started at Ningtham Sericulture Farm set up at Ningtham Ingkhol, Tekcham Maning Ching. The farm belongs to Laishram Subhashchandra who is amongst the 200 beneficiaries of Thoubal district selected under NERTPS 2014-15.

Related Keywords: APTMA, boost exporting sector, Federal Commerce Minister Khurram Dastgir Khan, held meeting with PCMEA, includes Textile, negotiating FTAs, Turkey and Korea, with Thailand

Federal Commerce Minister Khurram Dastgir Khan said on Monday after holding a meeting with Pakistan Carpet Manufactures and Exporters Association (PCMEA) and All Pakistaan Textile Mills Association that Pakistan is negotiating free trade agreements (FTAs) with Thailand, Turkey, and Korea to boost exporting sectors including textile.

The commerce minister said that Pakistan is negotiating with governments of these three countries regarding signing of free trade agreements in search of new markets to boost exports.

Related Keywords: high-end fashion brands

In Vietnam, presently about 200 foreign fashion brands exist holding major 60 percent of the domestic market share. The bestsellers are mid-tier ones such as Giordano and Bossini and high-end ones bearing CK, Mango and D&G brands. Many Vietnamese brands have scaled down their operation in recent years because of an unsatisfactory business performance.

Related Keywords: decline in the sale of high-margin yarn, discontinued two month back, FDY, high-cost imports, manufacturere of polyester yarn, POY, PTY, Raj Rayon Industries Limited, restarts partial production, RRIL, shortage of raw materials, Silvassa plant

Raj Rayon industries Limited (RRIL), one of the leading manufacturers of Polyester Yarn in India with product range including Polyester Texturised Yarn (PTY), Partially Oriented Yarn (POY) and Fully Drawn Yarn (FDY) has restarted partial production at its high technology Silvassa plant, in the Union Territory of Dadra & Nagar Haveli, which was discontinued by the company two months back.