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Related Keywords: cotton price, Erode market

The Erode markets on Friday along with rise in arrivals also witnessed improvement in the Bt cotton prices by Rs.300 a quintal. Higher price were offered by buyers for cotton. However, prices continue to rule lower than last year.

Bt Cotton is cultivated in Kolathur, Kongapuram, Sathyamangalam, Gobichettipalayam, Anthiyur and Namakkal areas. Harvest of the crop, grown in fallow lands after rice harvest, has begun. Sale of cotton in Avinashi and Attur was encouraging, according to M S Subburaman, superintendent of Anthiyur Regulated Market Committe.

Related Keywords: Industrial park, textile export

Pakistan government is working out all measures to take complete advantage of the GSP plus status given to them by European countries. One of measures taken is setting up industrial parks. The Pakistan government to promote country’s exports has planned to set up two Industrial Parks in Karachi and Lahore for textile and engineering equipments. Korangi Creek Industrial Park is being set up in Karachi while Rachna Industrial Park will be established at Sheikhupura Road, Lahore by National Industrial Parks Development and Management Company (NIPDMC).

Related Keywords: cotton import, cotton industry

The US Department of Agriculture in its long-term projection has stated that the cotton imports by China, the top grower and consumer of the fibre, will plunge for further two seasons, in 2014-15, it will plunge from 22% to 8.6m tonnes, and again the following season to 7.5m tonnes due to its huge inventories, but purchases will stage a recovery, leading "rapid" growth in world trade.

The decline, driven by a change in Chinese farm support is likely to end the country's record of stockpiling cotton at prices well above international market rates, will pull world trade lower next season.

Related Keywords: clothing, LLP Polish textile giant

LPP S.A. is a Polish company whose field of activity concerns designing and distribution of clothing. LPP currently owns 5 clothing brands. The company's headquarters is located in Gdańsk, including designing resources for all its brands has registered a 28 percent rise in revenue for 2013 compared with the previous year.

It currently has about 700 stores in Poland and over 300 abroad, fronted by its various brands, with the majority of LPP's clothing made in China and India.

Related Keywords: wool, wool textile industry

Wool is considered by many people as only a cold weather fabric but it regulates temperature better than any other material, Merino sheep originate from Spain while virtually all the world’s merino wool production comes from Australia. These animals have evolved to be comfortable in mostly hot, but changeable, climates. Soon wool is turning into a yarn for all time weather.

Related Keywords: Jeanologia, Knitwear, laser technology, Spanish textile technology firm

Jeanologia, a Spanish textile technology firm which discovers creates and sells industrial solutions in garment finishing. Originally began as an R&D center for denim finishes, it’s been our mission to enhance industrial garment finishing through technology & know-how. The company which is well known for use of its laser technology to finish denim garments, saving energy, water and use of potentially hazardous chemicals. They have gone ahead to develop a new version of its laser and ozone finishing technology that can be used for both knitwear and continuous fabric lengths.

Related Keywords: Japanese textile market, Mogotex, textile product

OAO Mogotex is a major manufacturer of textile products in Belarus and the CIS. It will be first companies of the Belarusian textile industry to visit specialized international exhibition in Tokyo. It will be holding a series of meetings and presents its products to Japanese businessmen. The Mogotex delegation is also set to meet with Belarusian Ambassador to Japan Sergei Rakhmanov.

Related Keywords: cotton industry, Pak-Afghan cotton ginners association

Pak-Afghan Cotton Ginners Association to be established, the suggestion came up at the meeting held between the Pakistan Cotton Ginners Association, chairman Mukhta Ahmed Khan Baloch and Afghan ginners, on Saturday in Pakistan to discuss the possibilities and viabilities of cotton sowing and ginning industry.

The suggestion to establish was put forward during the meeting to which the Afghan delegation gave their approval. The delegation appreciated the PCGA role, stating that they would form Afghan Cotton Ginners Association (ACGA) immediately.

Related Keywords: cotton prices, cotton production

Indian growers can get good prices for their cotton as the global supply is tight provided the export limits are removed. Moreover the increasing demand cotton from domestic mills has strengthened the cotton prices in the last ten days. There is a 22.5 percent increase in prices to Rs.21,977 per candy. Indian cotton prices are on the rising trend but not if compared to this time with last year, the current prices are still down by 2 per cent.

Related Keywords: close down, National Textile Corporation, Rajnagar textile mill

The Gujarat Pollution Control Board (GPCB) has been directed on Friday by the Gujarat high court to close down National Textile Corporation's Rajnagar Textile Mill near Idgah Chawky with immediate effect. The court said that the unit should not be permitted to restart production until it adheres to noise pollution norms.