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Related Keywords: cotton contract, decline in daily intake, delay in new crop, depleting stock, drop in volume of business, ginners preffered to wait on sideline, ICE cotton future, lint cotton, official spot rate unchanged, Pakistan cotton market, seed cotton, Spinners

As Ginners preferred to wait on sidelines due to depleted stock and delay in new crop, volume of business dropped on the cotton market on Saturday. According to dealers, the official spot rate remained unchanged at Rs 5450. In the ready session, approximately, 2000 bales between price range Rs 3750-5550 changed hands. Seed cotton rates in Sindh also stayed unchanged at Rs 2000-2600 while in Punjab prices registered at Rs 2400-3100

Related Keywords: conference on Renewable, exploit brewing opportunities, Faisalabad chamber of commerce and Industry, FCCi, joint venture, Pakistani textile manufacturers, penetrate into the entire region, promote bilateral trade, set up warehouses in Barcelona, set up working group, Spanish trade delegation, visit Pakistan, with Spaniesh business firm

The FCCI (Faisalabad Chamber of Commerce and Industry) Trade Delegation last year visited Spain. As follow up the Spanish trade delegation would be visiting Faisalabad in September 2015. Suprio Bose, Managing Director ACCIO Barcelona disclosed this while addressing the members of FCCI on Saturday.

Related Keywords: deal in textile, Gujarati businessmen, manufacturing, meet top Chinese industrialist, Narendra Modi, Prime Minister, settled in China and Hongkong, Surat and Saurashtra, Surat businessmen

The Surat businessmen, settled in China and Hong Kong for the last two decades, who deal in diamond, textile, jewellery manufacturing and service sector industries have made Prime Minister Narendra Modi’s trip to China even more worthwhile.

Gujarati businessmen, mainly from Surat and Saurashtra, made Prime Minister Narendra Modi's address to the Indian Diaspora at Shanghai World Expo Exhibition & Convention Centre at Gouzhan Road in Shanghai on May 16 a grand success.

Related Keywords: bed linen, global trade development, Heimtextil, home and contract textiles, international fair, kitchen textile products, Pakistan exhibitors, particpate again, showcase products, TDAP, towels, under pavilion of TDAP

Heimtextil is an international trade fair for home and contract textiles where more than 2,700 exhibitors and roughly 67,000 trade visitors participate. The trade fair serves as a business and information platform for manufacturers, retailers and designers from around the world. The Trade Development Authority of Pakistan (TDAP) will be participating again in this fair to be held in 2016.

Related Keywords: concept of smart clothes, intelligent textile, introduce fashion world, Levi, new journey, new-age synthetic textiles, Nike, Recycled polyester, treasure trove, trend of experimenting new fabrics, use of trash and recycle

Nike and Levi are on a new journey to introduce the fashion world with the trend of experimenting with new fabrics. They aim to introduce the concept of ‘smart clothes and intelligent textile’ which is a measure to make use of trash and recycle it in such a manner to be called a treasure trove of every individual’s wardrobe.

Nike proudly claims to have diverted two billion plastic bottles from landfills into people’s wardrobes. Recycled polyester promised superior performance and environment.For each pair of jeans, Levi’s promised eight bottles off the planet.

Related Keywords: APTMA, Better Cotton Initiative, decreasing cotton stock, domestic marekt, kapas, Karachi Cotton Association, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton sales, rising cotton prices, seed cotton, unsold cotton

The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of unsold cotton.

For whatever minimal quantity of seed cotton (kapas / phutti) prices in Sindh were quoted between Rs 2,000 and Rs 2,600 per 40 kgs, according to the quality, while in the Punjab they were quoted between Rs 2,400 to Rs 3,100 per 40 kilogrammes in a firming market.

Related Keywords: Ecommerce player, geographical indication, master weaver, Najma Heptullah, online retail, partnership with government scheme, platform to market creations, preserve traditional ancestral arts and crafts, promote art and craft, Shopclues, Union minister for minority affairs, upgrade skill, USTTAD scheme for minorities

The e-commerce player Shopclues is in a partnership with the Government’s scheme for minorities, Upgrading Skills and Training in Traditional Arts/Crafts for Development (USTTAD) which aims at upgrading skills and preserving traditional ancestral arts and crafts of minorities.

ShopClues would help beneficiary artisans understand the existing demand in e-commerce market and enable them to cater to it. They would also be able to take advantage of wide reach of the e-commerce platform to market their creations.

Related Keywords: delegation, envirnomental laws, EU market, European Union trade office of GSP program, implementation of social standards, initiatives on energy conservation, material flow management, related to labour, review benefits of GSP plus facility, use of renewable energy, visited APTMA, water conservation

A delegation of the European Union trade office of generalised system of preferences (GSP) program led by Director General Marc Vanheukelen and Acting EU Ambassador HE Stefano Gatto visited All Pakistan Textile Mills Association to review the benefits of GSP plus facility to Pakistan and the progress done on implementation of social standards related to labour and environment laws.

Related Keywords: aerospace, automotive, construction, defence, export opportunities, Malaysian Investment Development Authority (MIDA), medical, technical and functional textiles or high performance textiles

Malaysia's strategy is to attract more companies in the technical and functional textiles or high performance textiles (such as flame-resistant, anti-bacteria, wrinkle-free, oil and water repellent, abrasion/tear resistant textiles) sub-sectors where high demand will come from high-end applications in the defence, aerospace, automotive, medical, construction and other industries, according to Malaysian Investment Development Authority (MIDA) director based Frankfurt, S. Sivasuriyamoorthy.

Related Keywords: All Pakistan Textile Mills Association (APTMA), current fiscal year, FOB price, import duty, Pakistan textile industry, polyester staple fiber (PSF), world dependence on Polyester

Pakistan’s textile industry which is the largest manufacturing industry in the country and contributes about 8 % to its GDP is becoming “unviable” in terms of export of yarn and fabric said the All Pakistan Textile Mills Association (APTMA) Chairman S.M.Tanveer.

The industry growth has become stagnant due to non-diversification since long. He further highlighted that the world dependence on Polyester is around 70% at present against merely 19% in Pakistan. This situation has made it difficult for local industry to find place in the world market.