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Price remained in red zone due to dull trading at lint market

Related Keywords: capitalize maximum returns, dull as buyer showed eagerness for quality lots, grade issue, Karachi Cotton Association, keeping physical price in red zone, of influx of better grade, readjust spot rate, Spinners, spot rate, Trading activity at lint market

Trading activity remained dull as buyer in lint market showed eagerness for quality lots keeping physical price in red zone on Wednesday said, traders at the Karachi Cotton Association (KCA).

During the trading session, spinners in Sindh and Punjab stations bought all grades on cautious note as grade issue was continued. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,350 per maund in order to capitalize maximum returns on their proceeds, said floor brokers.

PFDC Sunsilk fashion week scheduled to begin from 10 March

Related Keywords: Bank Alfalah Rising talent show, cutting edge style for women, Design skill and technique, eleven textile brands, feature sixteen Pakistani biggest fashion brands, four new designers will be introduced, PFDC Sunsilk Fashion Week

The PFDC Sunsilk Fashion Week schedule has been announced and it’s a line-up that promises some sharp and cutting edge style for women always on the lookout for trends. This year’s event will feature 16 of Pakistan’s biggest fashion brands and 11 textile brands that will showcase on the last day. Four new designers will be introduced in the Bank Alfalah Rising Talent Show, now a regular segment of the event, out of which people will vote for one winner.

EAC to start process to impose ban on second hand clothes

Related Keywords: admission of South Sudan to EAC, agree to start process to impose ban, collapse of textile industry, commonly know as mitumba, East African Community, Gikomba, Kenyas largest open air mitumba market, majority of second hand clothes, on second hand clothes, source of income to many, traders not welcoming decision

On admission of South Sudan to the EAC, East African Community (EAC) member states have agreed to start a process to impose a ban on second hand clothes. However, traders have not welcomed the decision as majority of second hand clothes, commonly known as ‘mitumba’, is a source of income to many.

24-hour gas supply for textile mills in Pakistan

Related Keywords: affordabililty and viability, affordable price, after six year, APTMA, arrival of first liquefied natural gas, compete regionally, get twenty four hours gas supply, problem of disparity, Punjab textile industry, resolved to large extent, shipment from Qatar in Pakistan, Sui Northern Gas Pipeline Limited, supply of RLNG

The Punjab textile industry’s problem of disparity, affordability and viability has been resolved to a large extent with the supply of RLNG, which the industry was facing for the last six years, said APTMA former chairman and patron-in-chief Gohar Ejaz.

The Sui Northern Gas Pipeline Limited , after the arrival of first liquefied natural gas (LNG) shipment from Qatar in Pakistan, has announced to start supplying gas to the textile industry in Punjab for 24 hours after a long period of about six years.

EFI acquires Rialco ltd, Europe’s leading dye and color systems developer

Related Keywords: acquires Rialco Limited, based in Silicon Valley, digital print, dye powder and color products, EFI plans to improve inkjet portfolio, EFI technology company, Europes leading supplier, from analog to digital imaging, industrial manufacturing industries, leading worldwide transformation, Rialcos advanced ink component capabilities, textile signage

EFI technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging has acquired Rialco Limited, one of Europe’s leading suppliers of dye powders and color products for digital print and industrial manufacturing industries.

Post-TPP period Vietnam likely to become world’s export center

Related Keywords: attracting foreign investment flows, become worlds export center, export turnover expected to double in the time to come, growing demand for apparel, including Japan, Japan business federation, Japan second highest investing country, post TPP period, Vietnam garment and textile sector, Vietnam Japan investment and trade promotion forum

Vietnam’s competitive advantage has been strengthened to become the world’s export center, attracting foreign investment flows, including those from Japan. Speaking at the Vietnam-Japan Investment and Trade Promotion Forum held last year, Mukuta Satoshi, senior managing director of Keidanren (Japan Business Federation), said that Japanese firms had invested a total of US$37.3 billion in Vietnam as of the end of 2014, the second highest among all countries and territories investing in the country.

Co-optex to hold 50 exhibitions across India to achieve set target of Rs.5cr

Related Keywords: achieve set target of five crore, across the country by July this year, Ahmedabad, blend of classic but contemporary designs, Co optex, conduct fifty cool comfort cotton saris exhibition, drastic changes made in the cotton varieties, Madurai region, National Institute of Design, procured saris from twelve clusters, roped in young designers

Co-optex plans to conduct 50 exhibitions of its 'cool comfort' cotton saris across the country by July this year for which the cooperative body has procured over 47,000 saris from its 12 cotton clusters across the state. Among them, 12,000 saris had been procured from Madurai region comprising Madurai, Ramanathapuram, Theni, Virudhunagar, Sivaganga and Dindigul. The exhibitions will be held to achieve the set target of Rs. 5 crore.

Foreign denim manufacturers urged to invest in Bangladesh denim sector

Related Keywords: at two day Denim and Jeans dot com show, Bangladesh to become world largest clothing products supplier, China shifting clothing business, Gowher Rizvi, infrastructure, International Affairs Adviser to Prime Minister, invest in Bangladesh denim sector, made investment in power, to high-end industry, urged foreign denim manufacturers

International Affairs Adviser to Prime Minister Gowher Rizvi was addressing as the chief guest at the inauguration of a two-day Denim and Jeans.com Bangladesh show that displayed jeans and denim products along with fabrics to local and foreign jeans manufacturers in Dhaka yesterday urged foreign denim manufacturers to invest in Bangladesh’s denim sector as huge potential lied with the demand rising.

Gowher said that Bangladesh has become a global player in manufacturing RMG products and there is no reason that it cannot be the number one manufacturer in the world.

ASF price declines in Pakistan on dull demand

In India, ASF offers were at US$1.84-1.87 a kg during the week.

In Pakistan, 1.2D ASF prices were down PakRs5 a kg (down US cents 5) on the week.

Prices in India rolled over previous week’s values while those in Pakistan were down due to weak demand amid depreciating currency in the third week of February.

In China, medium-length staple fiber prices remained unchanged at US$1.79-2.02 a kg in the third week of February while cotton-type staple was at US$1.80-2.02 a kg.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Acrylonitrile prices plunge on weak demand

Asian acrylonitrile marker, the CFR Far East Asia and Southeast Asia was down US$15 a ton in the third week of February. In China, offers for offshore cargoes were at US$1,000-1,050 a ton CFR China.

Acrylonitrile prices dipped in Asian markets as buyers expected prices to fall further. Spot activity was mute after Lunar New Year holidays.

Downstream demand was lusterless as run rate at ASF producers was still below 100% while ABS demand was yet to recover. Acrylamide prices held flat, thus demand remained weak.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

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