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Rising cotton price worries yarn makers

Related Keywords: China imports, China was importing cotton, cotton, higher cotton prices, main consumer of cotton, raw material, Shankar 6, South India Spinners’ Association, Textile Industry, Textile mills, textile value chain, yarn prices

According to industry sources cotton stocks with small and medium-scale mills would be low. Internationally, China was said to be importing large quantities. Those who were buying for daily needs might be affected.

The mills that had covered cotton at the beginning of the season would benefit now. The mills fear that as the season comes to an end, the prices might go up further. Since cotton is the main raw material, the entire textile value chain will be affected.

High costs push textile buyers away from China to Western suppliers

Related Keywords: back to Western suppliers, energy costs, making the world dominant Chinese textile producers, more expensive, price and proximity to Europe, pushing international textiles buyers, quality, raw material, Rising labor, Some companies turning increasingly to Turkey for fabrics

Rising labor, raw material and energy costs is making the world's dominant Chinese textile producers more expensive pushing international textiles buyers back to Western suppliers.

More than 9,000 kms (5,600 miles) from Biella, in the bustle of the biennial Canton Trade Fair, some buyers said that they were moving away from China. They already buy 60 percent less from China compared to two years ago. Some companies are turning increasingly to Turkey for fabrics, because of quality, price and proximity to Europe.

Solapur has potential to be major uniform and garments mfg hub

Related Keywords: district in Maharashtra, easy availability of transportation, initiative to set up Garments Park, international, investment in region, invite national, known for manufacturing skills, labour, new MIDC, organize trade fair, raw material, set to become major uniform and garment manufacturing hub, Solapur, Solapur Readymade Kapad Utpadak Sangh

Solapur a district in Maharashtra known for its manufacturing skills is set to become major uniform and garment manufacturing hub in the coming years, following Union government’s initiative to set up Garments Park and new MIDC, said Solapur Readymade Kapad Utpadak Sangh, vice president Nilesh Shah.

Uttarakhand gets approval for setting up two textile parks

Related Keywords: Ajay Tamta, help in reducing migration, improve conditions of weavers, modern technology, parks will provide hi tech infrastructure facilities, raw material, search of jobs, state government to decide where to set parks, training, Union Minister of state for Textiles, Uttarakhand gets approval for setting up two textile parks, Weavers

Uttarakhand has being given approval for setting up two textile parks, in these parks weavers which will provide hi tech infrastructure facilities, modern technology, training and raw material, said Union Minister of State for Textiles, Ajay Tamta.

But the state government has to decide where it wants to set these two textile parks which will provide benefit for weavers.

This will also help in reducing migration in the hilly areas in search of jobs and not only the weavers but educated and skilled youth will also get work opportunities.

Pakistan textile export declining at an alarming level

Related Keywords: address the problems of value added textile industry, burdened with multiple taxes with high cost of inputs, electricity, intervene and frame a policy, Pggmea, raw material, reduction in input costs, sharp drop in exports, tariffs of gas, urged Pakistam prime minister

Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chief Coordinator Ijaz A Khokhar urged the prime minister to intervene and frame a policy for a reduction in input costs, otherwise industrial units would not only close down, but millions of workers would also lose their jobs. The government need to address the problems of the value added textile industry sector on an urgent basis as there is a sharp drop seen in the current exports of textile and clothing during the first four month (July-October) of 2015 which may widen further in the next quarter.

Delegation of ITKIB to visit Belarus to explore prospects of trade

Related Keywords: Chairman Ismail Gulle, expo Bellegprom, hold meetings with Belarusian partner organizations, investment projects, Istanbul Textile and Raw material Exporters Association, ITKIB, manufacturing cooperation, raw material, readymade garments, textile products, Trade prospects, Turkey's merchandise exports, visit Belarus

A delegation of the Istanbul Textile and Apparel Exporter Associations (ITKIB) headed by Chairman of the Istanbul Textile and Raw material Exporters’ Association Ismail Gulle along with four members of the governing councils and representatives of the ITKIB secretariat will visit Belarus on 28 September to 1 October.

The 21st edition of IRANTEXT exhibition coming soon

Related Keywords: embroidery machines and textile products, growth in foreign participants., home textiles, host Iranian and foreign companies, Iranian international exhibition of textile machinery, Irantext, raw material, to be held in september

The 21st edition of IRANTEXT, an Iranian International Exhibition of Textile Machinery, Raw Materials, Home Textiles, Embroidery Machines and Textile Products, will host 340 Iranian and Foreign companies.

Companies from South Korea, Spain, Italy, United Arab Emirates, Turkey, India, China, Taiwan, Germany and Pakistan will showcase their latest achievements and products in the exhibit.

New DC Preference eases Fijian TCF products duty free entry to Australia

Related Keywords: Australian market, duty free entry, implemented by Australian govt, New Developing countries, raw material, wool products

The new Developing Countries (DC) Preference implemented by the Australian Government started on 1st January this eases the way for duty free entry to Australian market. Under this new system, it allows Fijian TCF manufacturers and exporters to source raw materials including wool products from more cost effective sources outside the region such as China, Bangladesh, India, Thailand and Vietnam and include it in the calculation of local content and then convert these into finished garments for duty free export into Australia.

Russian nonwovens and technical textiles faces biggest decline in demand

Related Keywords: countires of Custom union, domestic market, illegal reexport, polyester, polypropylene, raw material, Russian Ministry of Industry and Trade, Russian nonwovens, technical textile industry, volatile commodity prices

The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the ongoing currency jumps; the ever growing volume of illegal re-exports of technical textiles and nonwovens to Russia through the other countries of the Customs Union, and in particular Kazakhstan and Belarus; volatile commodity prices and the high level of depreciation of equipment at the majority of the industry’s enterprises might put the industry in tight spot.

Pakistan jute industry craving for government backing

Related Keywords: export jute product, food packaging, foreign exchange, hazardous packaging material, jute cultivation, jute mills, Pakistan jute industry, Pakistan jute mills association, raw material, Saqlain Akhtar, Senior VP, technical infrastructure

The Pakistan jute industry is looking for government support in technical infrastructure for industry along with guidance and long term policy support for jute cultivation to substitute import of raw material, exports of jute products after value addition which can earn handsome amount of foreign exchange for the country, which currently stands at around $14 million according to Saqlain Akhtar, Senior Vice President of Pakistan Jute Mills Association (PJMA).

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