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Related Keywords: cotton bales, Cotton Crop Assessment Committee, current season compared to last season, cut in acreage, domestic market, forced to plant cotton less, heavy rains, hit by pest attaks, Pakistan cotton production plunge, PCGA, soft local and international prices forced farmers, Sowing delays also hit the crop harder

Pakistan’s cotton production plunged 34.28 percent to 9.768 million bales in the current season compared to the country’s output of 14.863 million bales in the same period of last season, ending in the mid of April. The drop in output this season is due to the crop’s soft local and international prices forced the farmers, hit by pest attacks and heavy rains, to cut acreage, according to the Pakistan Cotton Ginners’ Association (PCGA).

Related Keywords: amid weak global prices and demand, biggest customers, decision to introduce tariffs widely expected, fraying relations between world top fiber growers, on US cotton imports, Turkey second-biggest buyer of U.S. cotton, Turkey to hit anti dumping duties, US cotton hurting domestic industry, US industry trade association

Turkey to hit anti-dumping duties on U.S. cotton imports, the decision to introduce tariffs has been widely expected since Turkey's Economy Ministry said in February that U.S. cotton was hurting the country's domestic industry, a U.S. industry trade association said on Monday, fraying relations between one of the world's top fiber growers and one of its biggest customers amid weak global prices and demand.

Imports on a cost, insurance and freight (CIF) basis will incur dumping duties of 3 percent effective immediately, the NCC said, the first official confirmation of the move.

Related Keywords: developed technology, dissolving pulp, from it produce new pulp, Lyocell, new high quality textiles from recycled fabric, recycling textiles, Stockholm lab, such as viscose, Swedish re:newcell AB, take waste from textile industry, technology company focusing on developing sustainable processes, used to manufacture textile fibre materials

Swedish re:newcell AB, a technology company focusing on developing sustainable processes for recycling textiles in order to more efficiently use the resources available today has, in its Stockholm lab, developed a technology that makes it possible to take waste from the textile industry and from it produce new pulp. Such pulp is called dissolving pulp, and is today made from trees (for example, Lenzing, Södra or AdityaBirla). Dissolving pulp is mainly used to manufacture textile fibre materials such as Viscose or Lyocell.

Related Keywords: integrate the staple fiber technologies into the Oerlikon Neumag business, sells staple fiber technology, specialist in fiber preparation, to Oerlikon Group, Truetzschler Group, Truetzschler Nonwoven and Manmade Fibers GmbH, yarn spinning and nonwoven industries

The Truetzschler Group is a specialist in fiber preparation for the yarn spinning and nonwovens industries producing excellent products at 9 locations in six countries around the world. Truetzschler Nonwovens & Man-Made Fibers GmbH in Egelsbach sells its staple fiber technology to the Manmade Fibers Segment of Oerlikon Group a globally leading company in the field of surface solutions, manmade fibers, drive systems and vacuum generation.

The Oerlikon Group will integrate the staple fiber technologies into the Oerlikon Neumag business.

Related Keywords: Agriculture, delegation from China-based Kazoza Financial Group in Uganda, energy, especially in areas of textile, good for development, Partnership between Africa and China, President Yoweri Museveni, to enhance business in the country, to invest in Ugandan economy, Uganda ready to partner with anybody, urged Chinese entrepreneurs

Uganda is ready to partner with anybody as far as business enhancement in the country is concerned. In this connection, President Yoweri Museveni has urged Chinese entrepreneurs to invest more in the Ugandan economy especially in areas of textile, agriculture and energy among others. Partnership between Africa and China would be good for development.

The President had a meeting with delegation from China-based Kazoza Financial Group, led by the Group’s Chairman, Mr. Michael Yu, at State House, Nakasero.

Related Keywords: Africa and South America participate, Diamond city Surat, direct sourcing, first time zeroed in on Surat textile industry, garment manufacturers from across West Asia, Government of India, largest MMF industry, Over hundred fabric importers, promote fabrics as emerging brand, Source India programme, SRTEPC, two day buyer seller meet organized

Government of India and the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) for the first time have zeroed in on Surat's textile industry to promote its fabrics as an emerging brand. A two-day long buyer-seller meet will be organized under the 'Source India' programme from August 13 in the Diamond city Surat which is also the country’s largest man-made fabric (MMF) industry.

Over 100 fabric importers and garment manufacturers from across West Asia, Africa and South America will come down to the Diamond City for direct sourcing of fabrics manufactured in Surat.

In China, semi-dull FDY70D/24F prices rose US cents 3 a kg in the first week of April while FDY40D was flat on the week.

Nylon DTY 70D/24F prices were also flat while 30D/10F prices were up US cents 7 a kg at the upper end.

Monofilament 30D prices rolled over while 1.5D staple fiber marched higher on the week.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

In China, liquid good offers were stable in the first week of April while solid goods offer inched up US$25 a ton on the week.

Asian markers, the SE and FE markers rolled over during the week.

Sinopec retained April contract at US$1,700 a ton for liquid goods while Fibrant (formerly DSM Nanjing) kept April nomination at US$1,730 a ton for liquid goods.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

Related Keywords: acquired by Vleveland based Riverside Co, architecture and design firm, global supply base, Irvine based textile maker, Momentum Group, primarily to furniture makers, provides innovative sustainable products, selling textiles, terms of deal not disclosed

Momentum Group an Irvine based textile maker selling textiles, primarily to furniture makers, architecture and design firms has been acquired by Cleveland-based Riverside Co. Terms of the deal were not disclosed.

Momentum has a highly-successful organic growth-oriented business model that stems from providing innovative sustainable products from a global supply base to a diverse set of customers in a variety of end markets, said Timothy Kuchi, NEP Partner and Momentum board member.

Related Keywords: Cautious trading attitude, cotton arrival larges, cotton bales, ginneries, Ginners, lint prices shot up, maintained by buyers on the market, sellers not flexible to ease high cost of doing business, sport rate raised

The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease the high cost of doing business. According to arrivals factories received 11.349 million bales. Again on the last session of the week prices moved up .The spot rate also raised by Rs50 to Rs 3650 and the lint prices shot up to Rs 3800.