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cheaper+imports
2016-08-10 05:07:07
Paraxylene price falls across all regions
Asian paraxylene prices declined US$11 a ton CFR Taiwan/China and FOB Korea in the last week of May. Paraxylene prices edged down in Asian markets, both on weekend and on the week, demand for July
2016-06-27 13:50:00
Spun yarn export prices remain intact in INR term although down in US$
Spun yarn exports declined by 4.6 per cent in volume terms and 12.1 per cent in value terms in May 2016. Total shipments were at 101.5 million kg worth US$276.5 million or INR1,830 crore, implying
2016-05-07 15:00:00
Aptma seeks exemption from extra anti-dumping duty on specialty PSF
Pakistan only produces normal (generic) polyester staple fibre of semi dull and bright type in deniers of 0.8-1.4 according to All Pakistan Textile Mills Association (APTMA), hence wants exemption
2016-05-03 16:15:00
Zimbabwean retailers urge to impose ban on imported clothes
Zimbabwean local industry due to the influx of cheaper products from Asia has been suffering a serious downturn and many companies have been driven out of business. The companies cannot compete
2016-04-26 13:00:00
Rwanda govt plan to waive 25pc customs duty on imported fabric
The Ministry of Trade and Industry confirmed that there is a plan to waive the 25 percent Customs duty on imported fabric, a move that is meant to boost the production of locally-made garments. But
2016-04-22 15:00:00
Nytil moves up the textile ladder
Southern Range Nyanza, also known as Nytil, despite inheriting a dysfunctional plant 20 years ago, the story of the country's oldest textile factory seems to have taken a turn for the better as it
2016-03-30 12:00:00
Jute prices to stabilize in India with Bangladesh lifting export ban
With Bangladesh lifting jute export ban its prices in domestic market likely stabilize as per Indian traders prefer jute import from Nepal and Bangladesh as production costs of jute in two countries
2016-03-22 16:00:00
Tax concessions to help revive yarn units of Punjab and Haryana
Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions
2016-03-07 14:00:00
Nigerians to import textile worth $140mn by Q4 2016
Nigerian textile import is on rise, in this current year during the fourth quarter Nigeria would spend about $140 million (N27.5 billion) on imported textiles. as the Nigerian textile industry is
2016-03-04 14:00:00
Relation between Turkey and Nigeria can save Nigerian textile industry
Nigerian textile and apparel industry currently under performing amid the influx of cheaper fabrics from China and India with about 30 operational textile mills running at an average of 40 percent of
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