China is forced to launch a new cotton subsidy policy this year, to subsidize low-income groups and farmers through price fluctuations. The excessive amount of imported has reached 4 million tonnes along with the stockpiles which China started over the past three years to stabilize prices, after cotton prices fluctuated spectacularly between 2010 and 2011. The China's current cotton reserve policy has upset domestic cotton prices.
Cotton market pulled yarn manufacturers attention with the decline in cotton rates to make some buying, helping improve the situation of cotton trading turnover in Pakistan. It was low trade activities which had continued for the last many weeks impelled the ginners to reduce the price. The price of the commodity saw a decline by around Rs200 per maund to Rs6,800 per maund.
For the moment, the KCA tried to maintain its cotton spot rate at Rs6,850 per maund, remaining unchanged for the fifth working day.
Oerlikon Manmade Fibers with the product brands Oerlikon Barmag and Oerlikon Neumag is the world market leader for filament spinning systems used for manufacturing manmade fibers, texturing machines. Oerlikon Neumag will be presenting plants and technologies for the production of high-quality nonwovens for hygiene and technical applications at INDEX, the leading nonwovens show to be held next month in Geneva, Switzerland.
Textile Arabia, the international trade show is being organized by the Jeddah Chamber of Commerce and Industry (JCCI) with 120 international exhibitors and experts from textile industry. This premiere global event offers unlimited scope for exhibitors to enter into joint venture partnerships with national and international partners from around the world. All keen to do business in the Kingdom and to take advantage of the favorable 5% tariffs on textiles
India, the largest producer of organic cotton in the world is losing over green cotton. After seen rapid growth for organic cotton from 2006-2010, it is production began sliding downwards. From 2011 onwards not only India but globally there has been a fall in organic cotton production. India’s organic fibre production being export dependent has dropped close to 50% with global brands shifting to Better Cotton Initiative (BCI).
Anita Dongre a textile revivalist and fashion designer turning her focus toward the rice weaves of Varanasi inspired by the finely handwoven cotton in Varanasi, for the coming fashion week in Mumbai.
Her collection this time revolves around 'Varanasi Weaves', a tribute to the rich Indian textiles and glorious weaves of India. Contemporary fashion draped in Indian textiles, modern silhouettes with a dash of traditionalism has been this designer's signature. Dongre has used blocks of different motifs including stripes, lattice work, triangles and floral jaal in her collection.
The National Centres for Textile Design, in association with the Weavers Service Centres throughout the country, has worked on a collection of hand-woven saris, dress material and stoles that use only natural dyes. Its brand Tantavi Heritage uses natural fibres such as cotton, silk (mulberry, muga, tussar eri, etc), wool and pashmina.
In a bid to encourage natural dyes and to create public awareness, the centre is holding the Tantavi Heritage exhibition to showcase saris, stoles and more created using handloom fabrics and natural dyes.
Pakistani textile companies are busy to improve the quality of their products and focusing to supply the orders on time with the European Union granting GSP Plus status to Pakistan for market access. With the GSP Plus status Pakistan has great opportunity to compete with China as it provides equal footing and level playing field. This year Pakistan’s focus was on the Textile World exhibition which was held in Paris.
The Pakistan Climate Change division has finally set up meeting of National Bio-Safety Committee on March 12 (Wednesday) to consider the commercialisation of GMO cotton varieties. The long awaited 15 cotton varieties with Genetically Modified Organism (GMO) likely to get approval from the National Bio-safety Committee (NBC) for commercialisation, sources revealed. The approval of the GMO cotton varieties will not only result in the availability of more certified cotton seed for the upcoming season, but also help in better production.
The textile cluster project work in the Malegaon co-operative industrial estate under a scheme of the Union ministry of micro, small and medium enterprises is in its final stages and is expected to complete by the end of May. The project is worth Rs.15.84 crore
Malegaon which has around 2 lakh traditional powerloom units without any adequate facilities for pre-weaving and post-weaving treatment, the cluster project having a common facility centre, will provide advanced technology required for powerloom units.
