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Pakistan fixes target of 14.4m cotton bales

Related Keywords: as well as exports, cotton crop, cotton crop production target fixed at fourteen point forty million bales, current sowing season, decided to cultivate cotton crop over three point hundred and eighteen million hectares of land, Pakistan to fulfill the domestic requirements

Pakistan to fulfill the domestic requirements as well as exports has decided to cultivate cotton crop over 3.118 million hectares of land during the current sowing season (2017-18).

Cotton Commissioner Dr Khalid Abdullah said that cotton crop is to be cultivated over 2.429 million hectares of land in Punjab, where as in Sindh it would be sown over 0.650 million hectares of land during the current season.

Meanwhile, the cotton crop would be cultivated over 0.038 million hectares of land in Balochistan and on about 0.001 million hectares in Khyber Pakhtunkhwa respectively.

RCEP to create huge impetus for Vietnamese garment sector

Related Keywords: and material supply., country will not have to bear many trade barriers, create huge impetus for Vietnamese garment, if comes into force, in terms of cost, market scale, RCEP, Regional Comprehensive Economic Partnership, textile sector, The RCEP covers sixteen countries, to bring in numerous benefits, Vietnam is joining negotiations

Vietnam is joining negotiations for the Regional Comprehensive Economic Partnership (RCEP). The RCEP, if comes into force, will create huge impetus for Vietnamese garment, textile sector as the country will not have to bear many trade barriers.

The RCEP covers 16 countries, including 10 members of the Association of the Southeast Asian Nations and their regional trading partners of China, Japan, South Korea, Australia, New Zealand and India.

Increase in corpus fund of yarn banks to assist powerloom weavers

Related Keywords: able to procure yarn raw material, bank guarantee reduced from fifty percent to twenty five percent, first yarn banks in the Surat, from Rs one crore to Rs two crore, Increase in the corpus fund, Ministry of textile, polyester fabric-at concessional rate, powerloom weavers in Pandesara and Ved Road industrial areas, procure yarn on credit

With the increase in the corpus fund for India's first yarn banks in the Surat from Rs 1 crore to Rs 2 crore and bank guarantee reduced from 50 percent to 25 percent by the Ministry of Textile, the powerloom weavers in Pandesara and Ved Road industrial areas will be now able to procure yarn raw material for the polyester fabric-at concessional rates.

Two years ago, the central government had sanctioned two yarn banks in the powerloom clusters of Ved Road and Pandesara, country's largest man-made fabric (MMF) centre.

Increase in corpus fund of yarn banks to assist powerloom weavers

Related Keywords: able to procure yarn raw material, bank guarantee reduced from fifty percent to twenty five percent, first yarn banks in the Surat, from Rs one crore to Rs two crore, Increase in the corpus fund, Ministry of textile, polyester fabric-at concessional rate, powerloom weavers in Pandesara and Ved Road industrial areas, procure yarn on credit

With the increase in the corpus fund for India's first yarn banks in the Surat from Rs 1 crore to Rs 2 crore and bank guarantee reduced from 50 percent to 25 percent by the Ministry of Textile, the powerloom weavers in Pandesara and Ved Road industrial areas will be now able to procure yarn raw material for the polyester fabric-at concessional rates.

Two years ago, the central government had sanctioned two yarn banks in the powerloom clusters of Ved Road and Pandesara, country's largest man-made fabric (MMF) centre.

Marzoli releases FT6E and FT7E: leading-edge roving frame technology

Related Keywords: automatic doffing, fiber processing machine, roving frame, spinning machineries, spinning mills, Technical Textiles, textile components, Textile Industry, textile machinery, textile machinery market of Italy, Textiles Manufacturing

Few machines in a modern spinning mill are as critical as the roving frame. Building a solid and reliable roving frame is not an easy task and yet again it is absolutely necessary for the spinner as this machine can feed, depending on the count being produced, thousands of spindles at the spinning frames.

Nylon yarn price declines in line with raw material cost

In China, FDY70D/24F SD prices declined US cents 30 a kg in the fourth week of March, while FDY40D were down US cents 43 a kg on the week. DTY 70D/24F prices fell US cents 30 a kg while 30D/10F declined US cents 20 a kg on the week.

Monofilament 30D prices dipped US cents 21 a kg while nylon staple fiber 1.5D prices fell US cents 36 a kg during the week.

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

Caprolactum prices plunge amid lackluster demand

Asian caprolactum prices fell US$200 a ton SE and FE markers in the fourth week of March. In China, spot liquid caprolactum offers declined sharply by US$715 a ton on the week while solid goods fell similarly during the week.

Caprolactam prices tumbled sharply on the back of softening benzene and lackluster downstream demand. In China, spot offers for liquid goods declined by more than US$700 a ton in a single week while US$ based prices were down 9%. Sinopec settled its March contract down US$450 from its nomination for liquid goods.

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

Japan to help develop silk production in Cambodia

Related Keywords: Commerce Minister Pan Sorasak, destroyed during Khmer Rouge era, generate jobs, help diversify Cambodian silk production, investment from Japanese company, Kandal, main silk producing area, Mulberry trees a rarity in Cambodia, no choice but to import raw silk from either Vietnam or Thailand, Silk weavers in Banteay Meanchey, Takeo and Phnom Penh

Mulberry trees are now a rarity in Cambodia as most of them having been destroyed during the Khmer Rouge era. Silk weavers in Banteay Meanchey, Kandal, Takeo and Phnom Penh’s main silk producing area of Koh Dach have no choice but to import raw silk from either Vietnam or Thailand. Commerce Minister Pan Sorasak said that investment from the Japanese company would help diversify Cambodian silk production and generate more jobs for women in rural areas.

Trading activity slowed down amide increase in cotton prices

Related Keywords: although strong demand for cotton yarn, Amid increase in cotton prices, domestic market, falling exports of textile goods, KCA, spot rate raised by rs fifty, trading activity at the cotton market slowed down, worried spinners who preferred to stay away from the trading ring

Amid increase in cotton prices, trading activity at the cotton market slowed down on Monday. Although there is strong demand for cotton yarn in the domestic market, falling exports of textile goods worried spinners who preferred to stay away from the trading ring.

The Karachi Cotton Association raised its cotton rates by Rs50, to Rs6,750 per maund (around 37kg)

Secondary buyers made deals for all grades of lint according to their immediate needs on back of grade issue and in anticipation of decline in spot rate.

Brazilian textile exports to Arab world reach USD 3mn in Jan n Feb this year

Related Keywords: Abit, Arab countries important buying markets, beachwear, Brazilian companies, Brazilian Textile and Apparel Industry Association, Brazilian textiles and clothing exports, children wear, party wear, synthetic fabric and sisal rope, to Arab world increased by eighty seven point five percent, USD three million in January and February this year

Brazilian textiles and clothing exports to Arab world increased by 87.5 percent to USD 3 million in January and February this year from USD 1.6 billion from the comparable period in 2016, according to numbers from the Brazilian Textile and Apparel Industry Association (Abit).

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