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Related Keywords: allocating funds to help compete with global market, disappointed over absence of measures, expressing concern on the proposal of excise duty, FIEO, looking up to budget for incentive, not granting concessions, on branded readymade garments and made up, support textile traders, Telangana state federation of textile association, textile sector

The textile sector was looking up to the Budget for incentives but nothing has been done in this direction, said Telangana State Federation of Textile Associations (TSFTA) president Ammanabolu Prakash on Monday. He expressed disappointment over the absence of measures to support textile traders.

The Federation president Ammanabolu Prakash said that traders play a pivotal role… pay a variety of taxes to the State and Central governments but the Finance Minister has disappointed them by not granting concessions or allocating funds to [help] compete with global market.

Related Keywords: after agricultural sector, BGMEA, biggest earner of foreign currency for Bangladesh, ILO standard, jute textiles, may face uncertainty in exports to US, opposing import of goods produced by forced labour, Ready Made garment sector, signing bill, US demand exceeded domestic production, US President Barack Obama

The Ready Made Garments (RMG) sector,the biggest earner of foreign currency for Bangladesh after the agricultural sector, may face an uncertainty in its exports to the US as a result of the signing of a bill opposing import of goods produced by forced labour by US President Barack Obama.

Although there was no official remark on whether Bangladeshi goods would be affected by the restrictions, the US government lists garment products from Bangladesh among goods that are produced by child or forced labour.

Related Keywords: biggest growth potential, China International trade fair, chinese market, Cinte Techtextile China, fibres and yarns, geotextile, keen on inviting fresh particpants, leading biennial trade fair, new session this year, nonwovens, polyester spunbond, surface and bonding techniques, Technical Textiles

The China International Trade Fair for Technical Textiles and Nonwovens Cinte Techtextil China, Asia’s leading biennial trade fair for technical textile and nonwoven products, is keen on inviting the fresh participant for its new session this year.

One of these new exhibitors is Johns Manville from the US, a manufacturer of insulation, roofing materials and engineered products. After exhibiting at Techtextil in Frankfurt, the company will join Cinte Techtextil for the first time.

Related Keywords: anti-dumping duty on certain fibres and filaments, basic raw materials, central excise duty, costlier due to import duty, higher duty structure, impacted growth of textile sector, import parity pricing policy, international price, MMF and filaments, SIMA, special additional duty, tariff protection, textile and clothing segment

The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 per cent import duty, four percent special additional duty, 12.5 percent central excise duty and anti-dumping duty on certain fibres and filaments, according to the Chairman of the Southern Textile Mills Association (SIMA).

This has impacted the growth of our nation’s textile sector. The MMF textiles and clothing exports accounted for 80 per cent and cotton textiles for 20 per cent in China, while in case of India it was totally opposite.

Related Keywords: China, China is a huge opportunity, entered list of top ten trade partner of Azerbaijan, fifty agreements signed, New Silk Road, opened a new page in their relations, priority market for Azerbaijan, second largest economy, trade turnover, Trans-Caspian transport corridor

China, which has the world's second-largest economy, entered the list of the top ten trade partners of Azerbaijan. The country’s investment in the economy of Azerbaijan has reached $300 million since 2002, said Yu Chunchi, Chinese Ambassador Adviser in Azerbaijan.

Azerbaijan and China opened a new page in their relations after President Ilham Aliyev visited China in December 2015. During the visit, several meetings, negotiations were held and 10 documents were signed. Cooperation issues almost in all spheres were discussed.

In Qianqing, PC (65/35) 32s yarn prices were up US cents 2 a kg in the third week of February while 45s PC combed yarn prices were up US cents 3 a kg.

Blended yarn prices did not move after the long Lunar New Year holidays in China as competition from imported yarns continued to fade amid a continuous drop of raw material costs. However, the yarn markets were slow in returning to normal operation, after the holidays.

Demand is expected to progressively increase in the coming weeks.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

In China, mainstream prices of 40s compact siro-spun yarn in Jiangsu were up US cents 3 a kg in the third week of February while 30s spun viscose in Xiaoshan were also up US cents 3 a kg. Cash-based offers for siro-spun 40s yarn were at US$2.99-3.02 a kg.

Viscose spun yarn prices mostly rose after the festival. In Fujian, local cotton spinning mills had mostly resumed production. Trading activity was gradually picking up.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Related Keywords: African fabrics, boost fashion industry in Rwanda, Celestin Ntawirema, clothes are made of natural leaves, feature products with natural dye, founder of Rwanda Cultural fashion show, make beautiful attire, promote silk and wool products, roots, Rwanda Cultural Fashion Show, Rwanda local textile market

Rwanda Cultural Fashion Show to be held in July this year will feature products with natural dye, said Celestin Ntawirema, the founder of Rwanda Cultural Fashion Show. They want to give their clients new products with a unique look. Such kind of clothes need to be made for people who are interested in fashion and design as well as promoting silk and wool products which in turn will boost the fashion industry in Rwanda.

Related Keywords: demand imposition of twenty five percent RD, DTRE, free market mechanism, import of subsidised fine count cotton yarn, imports under the duty and tax remission for export system, lower interest rate, manufacturing bond, MCCI, Multan Chamber of Commerce and Industry, particulary from India, Strategic Trade Policy framework

Addressing a press conference here on Sunday, Khawaja Muhammad Usman a spokesman for Multan Chamber of Commerce and Industry (MCCI) categorically denied the claim of the commerce minister that APTMA was asking for removal of the duty. In fact, Usman has demanded imposition of 25 percent regulatory duty on the import of subsidised fine count cotton yarn, particularly from India.

Related Keywords: bed sheets, directly from weaver to buyers, displayed Ayurveda Vastra, four-day exhibition-cum-sale Buyer-Seller Meet, herbal fabrics, including home décor items, made of hundred percent cotton yarn, major attractions of the fair, organized by ministry for textile, pillow, promote powerloom, textile products, vegetable-dyed garments

A four-day exhibition-cum-sale ‘Buyer-Seller Meet’ is organized by ministry for textile, government of India and Regional office of Textile Commissioner, Indore for the first time to promote powerloom and textile products directly from weaver to buyers. The event was inaugurated by Mayor Alok Sharma on Friday at Gauhar Mahal in Bhopal.

As many as 55 entrepreneurs of power loom /textile from different states including MP, UP, J$K, Gujarat, Andhra Pradesh, Chhattisgarh, Haryana, Rajasthan have participated in it, in which they can sell their products to buyers directly.