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Related Keywords: Cotton market

Cotton prices came under renewed pressure in the absence of buying interest. The market is likely to remain unstable, unless dollar-rupee pars settle down.

At present, the entire export trade is in despair.

Cotton trading has been adversely affected due the unstable currency market with buyers showing no interest to make fresh deals on Monday. The Karachi Cotton Association (KCA) reduced its spot rates by Rs50 to Rs6,700 per maund.

According to official figures, only one deal of 600 bales from Shahpur Chakar was reported to have changed hands at Rs6,000 on ready counter

Related Keywords: Bangladeshi jute mill

During the tenure of Prime Minister Sheikh Hasina, jute mills that are closed will be reopened, as a part of this the Rajshahi Jute Mills which in the rule of last alliance government was decided to sell off, the second unit of RJM will be reopened.

Textile and Jute Minister Imazuddin Pramanik while talking as chief guest at an exchange of view meeting with officials and employees of RJM at the board room of the mills on Sunday announced to restart the second unit of Rajshahi Jute Mills soon.

Related Keywords: Pakistan carpet sector

Pakistan has always been in the top list of countries involved in textiles manufacturing and industries. The country’s export has increased considerably because of expansion of fabric trade. One of the sector that play an important role in maintaining this standard is the hand knotted carpet industry. The United States and Germany are the world's leading importers of hand- knotted carpets.

Related Keywords: cotton, synthetic, US apparel industry

Love of natural fibers, cotton fade away as lower priced synthetics attract the designers and consumers in US apparel industry. Cotton is no longer king of the apparel as the American wardrobes has been taken over by synthetic clothing.

US imports of synthetic clothing may overtake cotton garments for the first time in decades this year, while US mills increasingly use artificial blends amid an unexpected revival of the threadbare domestic textile industry.

Related Keywords: Khadi clothes

The trademark khadi has not lost its relevance. Though there is no strict dress code for politicians, the white kurta pyjama has remained a favourite with them. Netas and their supporters do buy these in bulk during elections according to the market sources.

Some politicians are permanent customers of khadi clothes. The sale of khadi has picked up in the last few days, but it is not substantial. The election season and approaching summer is likely to boost sale in the coming days said a sales executive of a popular hand-woven fabric shop in Bhubaneshwar.

Related Keywords: cotton price, US cotton buyer

The high cotton prices have not only resulted drop in demand and also cancellation of order from cotton buyers. U.S. witnessed largest cancellation so far this season since October from its largest buyer.

According to US government data, Turkey and Vietnam who is the top consumer of natural fiber due to high price have cancelled of bulk orders, of around 35,000 bales. The biggest net cancellations in a month came after prices jumped toward August highs near 94 cents a lb amid concerns about depleting domestic supplies.

Related Keywords: Chinese investors, textile and garment, Vietnam

The Trans-Pacific Partnership (TPP) of which Vietnam is a member is in the final stretch of negotiations, will lower import taxes in many large member economies like the US, Canada, Australia, and Japan. China is not a member. Import tariffs in the US, the biggest buyers of Vietnam’s leading export, textiles, will be cut from 17-32 percent now to zero. Chinese firms have started making their move into Vietnam to set up garment and textile factories to take benefit of the TPP.

Related Keywords: Fashion designer Kirti Rathore, Nehru jacket, show aboard

Jaipur-based designer Kirti Rathore whose collection touches the heart of people, for the upcoming Spring/Summer season Rathore has re-introduced Nehru jackets and blazers along with bandhgalas in linen and hunter shirts in jute. The range also includes of smart shirts in pastel shades and prints. According to the designer, Nehru jackets are back in fashion as they can be teamed with a nice shirt or even a kurta . The baggy look for bottoms, give a comfort feel.

Related Keywords: Ramraj cotton

RAMRAJ Group set up in 1983 is a star production and trading house of Dhoties, engaged in the business of Indian Market for giving the value addition to the Indians life style. The company is located in Tirupur town, the hub of Indian knit garment industry near to the textile city of Coimbatore in Tamilnadu,in the southern state of India. Ramraj plan to now expand its business into north Indian garment market as well.

Related Keywords: integrated textile mall

To improve the marketing of the powerloom products produced within a radius of 70 km from Erode, it was important to have a textile market complex at Erode. A special purpose vehicle named ‘Erode Textile Mall Ltd’ was formed and the Ministry cleared the proposal in 2009.