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2014-03-07 16:45:00
Ethiopian makes efforts to boost its clothing and textile sector
The Ethiopian government is keen to boost its apparel manufacturing industry for which a target of US$1bn is set in textile exports by 2016. The country's efforts to build its textile and garment
2014-03-02 11:00:00
Wool market continue to remain steady after facing downward pressure
After the recent downward pressure faced at the wool market, this week's auction of 7300 bales of South Island wool saw a firm to dearer market with an 86 per cent clearance rate. A continual flow of
2014-02-24 17:30:00
Itochu Asia decides to sell its Patspin stake
Itochu Textile Materials (Asia) Limited (Itochu Asia), a wholly owned subsidiary of Itochu Corporation, Japan, which was newly established in April 1998 for larger, deeper and quicker activity of the
2014-02-24 15:25:00
Flux in currency created uncertainty in wool market
The flux performance in US exchange rate last week against the Australian dollar impacted the market and resulted in significant price dips across all selling centres. Also movements in the currency
2014-02-14 17:55:00
Alpek polyester margins hits record low
Alpek SAB (ALPEKA), the petrochemicals arm of Mexican conglomerate Alfa, engages in the production of polyethylene and polypropylene. Its main products include PAT, PET, polypropylene, expandable
2014-02-13 09:30:00
Integrated textile park to provide adequate opportunities for the textile industries
Erode Textile Mall Ltd is going good on its vision by launching Tex Valley, largest textile mall in South India and Asia's Iconic B2B trading centre. The project, a PPP initiative, is being supported
2014-02-10 12:45:00
U.S. farmers likely to opt for cotton plantings this year
The forecast is a turnaround for the U.S. cotton market and could boost global supplies of the fiber. Many U.S. cotton farmers last year opted to grow other crops such as corn and soybeans after
2014-02-06 14:45:00
Cotton futures up as trade buying continue
ICE cotton for a second day on Wednesday inched up as trade buying carry on while dealers waited for government and industry reports due within the several days. Trading volumes were subdued with the
2014-02-04 16:40:00
Thailand textile export sector sees bright perspective in 2014
The Thailand textile export performed well as it possessed competent textile production technology that enabled to fulfill demands from new ASEAN markets as well as recovering markets in China,
2014-01-30 15:45:00
New Zealand wool prices tone down
At the Zealand wool market, this week’s combined offering of 16,800 bales witnessed a firm to slightly cheaper market despite an easier New Zealand dollar. The clearance rate of 78 percent
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