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Related Keywords: fine quality lint, ginners raised asking prices, KCA spot rate, meet requirement, mills rush to secure bales, Pakistan cotton market, prices surged, response to high demand from spinners, TCP, Textile Industry

At cotton market as mills rush to secure bales to meet their requirement ginners has raised asking prices in response to high demand from spinners. There is a moved upwards and prices have surged to Rs6,000/maund, said brokers.

The Karachi Cotton Association rose the benchmark spot rate by Rs75 to Rs5,625/maund.

Reeling from supply problems, many spinners rushed to the market and started panic buying to refill their depleting stocks. Volumes were high with traders bought 11,424 cotton bales at the ready counter.

Related Keywords: before starting production, coming up in West Georgia, end of this year, export to Europe, factories to produce clothes, import raw material from Turkey, International Investors Association, Textile Industry, Three textile factories, train employees, two factories in Kutaisi

Three textile factories to come up in Kutaisi and Poti, West Georgia by the end of the year, the factories will import raw material from Turkey to produces clothes which will be exported to Europe, according to the Head of the International Investors Association (IIA), Osman Chalishkan.

The factory to be built in Poti, Georgia’s port city on the Black Sea coast, will involve investment to the tune of USD 3 million and the construction of which will be completed before the parliamentary elections in Georgia on October 8th, 2016. The factory will employ 3,000 people.

Related Keywords: advanced fibers and textiles, AFFOA, AFFOA mission to transform traditional fibers, called Advanced Functional Fabrics of America, commercialization of highly functional, defense and commercial markets, partnership with new national public private consortium, Textile Industry, to revolutionize fiber, University of Georgia, yarns and textiles

The University of Georgia to revolutionize the fiber and textiles industry through commercialization of highly functional, advanced fibers and textiles for the defense and commercial markets has partnership with a new national public-private consortium called Advanced Functional Fabrics of America, or AFFOA.

The AFFOA partnership builds on recent breakthroughs in fiber materials and manufacturing processes that will soon allow them to design and manufacture fabrics that see, hear, sense, communicate, store and convert energy, regulate temperature, monitor health and change color.

Related Keywords: blow to second hand clothes traders, boost textile industry, cotton farmers, create employment, KICOMI, Kisumu Governor Jack Ranguma, lacking a market for crops, launch of garment industry in Kisumu, make garments and sell, opportunity fashion designers, revive cotton growing, Textile Industry

Since the collapse of the Kisumu cotton mills (KICOMI), the textile industry went down with cotton farmers lacking a market for their crops. Now with the official opening of garment industry in Kisumu to boost its textile industry. The occasion was graced by Kisumu Governor Jack Ranguma.

The launch now means an opportunity for many fashion designers to make garments and sell them to the market.

This will deal a blow to the many second hand clothes traders who import their products from various countries abroad.

Related Keywords: China and Nigeria, China will treat the springing relationship, Chinese Government express interest, develop textile industrial park, park to accommodate more than forty textile industries, partnering with Kwara State government, provide necessary environment, share similarities in huge human and material resources, Textile Industry

China and Nigeria share similarities in huge human and material resources, this is one of the reasons for Chinese Government to express interest in partnering with the Kwara State Government to develop a textile industrial park in the state.

This was made known at the weekend by the Chinese Ambassador to Nigeria, Gu XiaoJie, when the Kwara State Governor, Dr. Abdulfatah Ahmed, led a state delegation and a Chinese Company, Ming Bo Jin Sheng Star Company Limited, to the Ambassador in Abuja.

Related Keywords: All Pakistan Dice Textile Event, common platform for academia and textile industry, consortium of universities, create positive and favourable image, Dice Foundation USA, expedite process of technology revolution, formulation of better textile policy, National Textile University, Pakistan textile industry in the world, Textile Industry

National Textile University (NTU) in collaboration with Dice Foundation USA and consortium of universities and textile industry, is organizing "All Pakistan Dice-Textile Event" on March 21, to create a positive and favourable image of Pakistan textile industry in the world and expedite the process of technology revolution in the country.

Related Keywords: apparel production, exhibit latest line of computerized knitting machines, leading computerized knitting machinery manufacturer, participate at Première Vision show, seam free wholegarment knitwear, Shima Seiki, Textile Industry, Total Fashion System concept

Shima Seiki MFG., Wakayama, a leading computerized knitting machinery manufacturer to participate at the Première Vision show will be exhibiting its latest line of computerized knitting machines, including seam-free Wholegarment knitwear that features superior fit, comfort and draping characteristics.

This event showcases a wide range of products and services such as yarns, fashion and denim fabrics, trimmings and patterns etc. in the Textile, Fabrics & Yarns industry. The exhibitors from all across the globe gather here to showcase their products.

Related Keywords: aritificail and synthetic fibre, Ecotec smart cotton, first innovations collection, home textile, manufacturer of natural, Marchi and FIldi, minimizes use of raw resources, presented to Filo exhibition, reduces waste, smarter yarn available in fashion-savvy colour range, Textile Industry, used in new fashion fabric collections for knitwear

Marchi & Fildi, a company based in Biella, Piedmont, Italy, manufacturer of natural, artificial and synthetic fibre for the textile industry to present its Ecotec smart cotton, the first Innovations collection for the next A/W 2017-18, created by its dedicated international team at the Filo exhibition for fibres and yarns to be held in Milan, Italy this week.

Related Keywords: Agriculture Ministry of India, inflation in India, minimum support price of raw jute, raw jute cultivation, raw jute in Assam, raw jute in Odisha, raw jute mills in India, raw jute production in India, Textile Industry, The Cabinet Committee on Economic Affairs

In order to boost raw jute production, the government has hiked the minimum support price (MSP) of raw jute by 18.5% to Rs 3,200 per quintal for 2016-17. A decision in this regard was taken in the meeting of the Cabinet, chaired by Prime Minister Narendra Modi in New Delhi.

The Cabinet Committee on Economic Affairs approved the Agriculture Ministry's proposal on raising the MSP of raw jute to Rs 3,200 per quintal for 2016-17 from Rs 2,700 per quintal in the previous year.

Related Keywords: all the stakeholders, cotton output target, develop coordinated strategies, downward trend, during this season, enhance capacity about best crop management practices, for next season set, organize awareness-building seminars for farmers, owing to pest attacks, Pakistan cotton production, rainfall, Textile Industry

Pakistan cotton production which is on the downward trend from 33.62 percent to 9.687 million bales during this season to February 15 owing to pest attacks and rainfall damaging the crop. The government aimed at 15.49 million cotton bales in the beginning of the current season. But for the next season, Pakistan government has set the cotton production target at 14.101 million bales, on Tuesday.

The federal committee on cotton (FCC) fixed the cotton production target from 3.009 million hectares across the country for the fiscal year of 2016/17.