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Surti textile traders to market their products online

Related Keywords: FOSTTA, Surat Textile Traders Association, Surti textile traders

The Federation of Surat Textile Traders Association (FOSTTA) is developing online directory-cum-website for marketing and promotion of Surti brand fabrics across the country. Around 10,000 wholesale traders from Surat textile markets have registered themselves with the online directory-cum-website for the first time.

There over 155 textile markets on the city's Ring Road and Salabatpura area housing over 55,000 textile shops. The daily turnover of the textile products is pegged at Rs 110 crore.

Cotton prices rose higher as buying interest revives from spinners

Related Keywords: cotton industry, cotton prices, interest revives, Spinners

Cotton prices rose higher on Thursday as buying interest revives from leading spinners. The ginners who had been reluctant to dispose of their stocks readily obliged buyers at higher price calls. However, trading remained focused on quality lint as spinners were keen to build upon their stocks to meet expected higher export commitments owing to free-market access to European Union and larger orders booked in Heimtextil fair in Germany, brokers said.

Analysts believe that higher off-take of cotton from spinners earlier this season has now left little stock with ginners.

Wool prices expected to strengthen

Related Keywords: Eastern Market indicator, wool, wool price

The wool recorded six consecutive weekly gains from early November until the Christmas recess.“ In the first week of wool auctions this year, the Eastern Market Indicatore (EMI) has held its ground at around 1130 cents/kg. This was despite a strong offering of 53,000 bales said National Australia Bank’s Head of Agribusiness for South Australia and Western Australia, Matt O’Dea.“

In the Eastern Market Indicator (EMI) five per cent rise in wool prices is tipped for 2013-14.

Nilit brings in innovative creation NILIT® Heat Yarn

Related Keywords: fiber manufacturere, heat yarn, Nilit

Nilit Ltd, Israel-based nylon 6,6 fiber manufacturer brings in its latest development NILIT® Heat, a warming yarn that conserves and maintains natural body heat.

Brazil cotton growers worried over U.S. subsidies dispute

Related Keywords: Brazil cotton grower, new farm law, US subsidies

Brazil cotton producers had challenged U.S. cotton subsidies at the World Trade Organization and won the right to impose $830 million in retaliatory tariffs on U.S. goods ranging from cars to milk powder. But sanctions were put on hold while Washington wrote a new farm law that was expected to eliminate the long-standing subsidies

Brazilian cotton producers visiting Washington were worried that the U.S. Congress would finish wrangling over farm policy in time to comply with international rules on cotton subsidies and avoid trade sanctions on U.S. exports to Brazil.

Textiles Minister K S Rao unveils foundation stone of New block of NIFT New Delhi

Related Keywords: NIFT, Textile Industry, Textile Minister

The Union Minister of Textiles Dr. Kavuru Sambasiva Rao unveiled the Foundation Stone for the construction of a new block at the National Institute of Fashion Technology (NIFT) New Delhi Campus. The ceremony was graced by the presence of Smt. Panabaaka Lakshmi, Minister of State (Textiles), and Ms. Zohra Chatterji, IAS, Secretary (Textiles).

W.L. Gore brings in improved version of GORE-TEX® Fabric

Related Keywords: Gore-Tex fabric, Textile Industry, W.L. Gore & Associates Inc

W.L. Gore & Associates Inc. Newark, Del.-based manufacturing company specializing in products derived from fluoropolymers. It has introduced an improved version of GORE-TEX®, its breathable, lightweight fabric that offers durable waterproof and windproof protection.

The light and fast Gore-Tex fabric, designed especially to offer comfortable performance in active wear, features a new technology that provides improved comfort by considerably reducing the build-up of sweat and moisture next to the skin during and after intense activity.

Fine silk creations gaining popularity from unexpected location Uppada

Related Keywords: silk creations, traditional handlooms, Uppada sarees

Uppada, a virgin village where modernization has not yet found place in the state of Andhra Pradesh but its fine silk creation with unique designs on saree have starting catching popularity. Uppada has been a hub for traditional handloom sarees with a unique style of weave. Typical to the weaves from this place the Uppada handloom silks and cottons have an evolved traditional style involving geometrical patterns and floral designs that has come to be known as the Uppada brand.

John Lewis bans products having angora wool

Related Keywords: angora wool, John Lewis

John Lewis, British department store group has become the latest retailer to join an ever growing list of international brands and retailers after being contacted by animal rights organization Peta has implemented a ban on products having angora wool.

As a responsible retailer, John Lewis committed to introducing a permanent ban on angora wool in all future collections, as well as a ban on the sale of third-party labels that contain angora in all its stores.

Tanzania textile mill seeks govt support to achieve its export targets of U.S. $70 bn

Related Keywords: garment exports, Tanzania textile mill

Tanzanian A-to-Z Textile Mill, based in Arusha which runs two factory plants intend to sell over US $ 70 billion worth of materials in the overseas markets every year and creating record exports of garments in future years.

According to the Company Executive Officer, Mr Anuj Shah, their dream can come true only with support from the government as well as the people of Tanzania because in order to crack the overseas markets to such an astounding level, A-to-Z must first establish a non-wavering domestic market.

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