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Related Keywords: cotton price, cotton yarn, Pakistan cotton market, phutti, Spinners, Trading on ready counter, world market, yarn

Cotton prices in the local Pakistan market continued to remain under pressure on Monday because of slowdown in demand for yarn in line with the trend in world market.
 
Most of the cotton growing countries are expected to harvest bumper cotton crop this season are also keeping prices under pressure.

Besides, slow demand for cotton yarn in the domestic and world markets is also affecting rates.
 

Related Keywords: Autumn season, Botto Poala, cashmere, precious fiber, silk, wool, yarn

Botto Poala, a company that produces worsted and carded yarns of very precious fibers for the world market. It’s signature is for precious yarns in wool, cashmere and silk to presents its innovative concepts for the Autumn/Winter 15-16 season.
 

Related Keywords: fibre, international exhibition, Knitwear, Spinexpo USA, yarn

SPINEXPO USA, a very focused and unique International exhibition organized by independent textile specialist designed to showcase the most comprehensive and creative international offering of yarns, fibres and knitwear where 82 exhibitors from 15 countries will put on display an array of tactile and colourful yarns, including noble fibres such as cashmere and mohair, merino wools, silk, viscose, metallic and synthetics.
 

Related Keywords: fashion knitwear, Filpucci, Filpucci Tricot Studio, Italian textile industry, Pitti Filati fashion exhibition, ultramodern wool, woollen knitwear, yarn

Filpucci is a key player in Italy’s textile industry and a world leader in the manufacture of creative yarns for quality knitwear will be presenting its latest yarn and woollen selection at the upcoming Pitti Filati fashion exhibition that is taking place from 2-4 July in Florence.
 
The message for this deluxe, multiform winter is conveyed through some 50 products that are rich in charm and innovation, including warm mohair and alpaca, light, compact, velvety textured knitwear, and eccentric, sophisticated couture designs.
 

Related Keywords: cotton fabric, Daewoo International corporation, Daewoo Textile Bukhara, Daewoo Textile Fergana, production capacity, yarn

Daewoo International Corporation, a South Korean company has part of its expansion plan has decided to make an investment to the tune of $22 million to expand production capacities of two textile enterprises Daewoo Textile Fergana and Daewoo Textile Bukhara in Uzbekistan.

The relevant Memorandum of Understanding (MoU) was signed between Uzbekengilsanoat State Joint Stock Company and Daewoo International Corporation on expansion and modernization of production capacities of the Daewoo Textile Fergana and Daewoo Textile Bukhara.

Related Keywords: apparel, Canada, export, fabric, garment, Mexico, textile mill product, US department of commerce, US textile, yarn

In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year. Mexico and Canada were to two countries who consumed bulk of textile and apparel exports made by the US.

Related Keywords: Cashmere sector, Cashmere world trade fair, fine fibers, yarn

Cashmere World trade fair will take place in Asia’s fashion hub, Hong Kong. Cashmere World is an integrated trade event that covers the whole supply chain of the cashmere sector from the herds grazing on the high Mongolian plateau through the combing and processing of raw cashmere into the yarn that makes the wonderful sweaters and garments manufactured in leading countries such as Italy and Scotland.

Related Keywords: fabric, garment, Pakistan textile industry, Sales tax, textile machinery, Textile Ministry, textile policy, yarn, zero-rated custom duty

As the textile policy (2009-14) formulated by the previous government will end on June 30, 2014. The Pakistan government is contemplating to impose 17 percent sales tax on import of textile machinery on expiry of the current facility ending in June, which is covered under the zero-rated custom duty and sales tax regime. Also the 2 percent sales tax on yarn, 3 percent of fabric and 5 percent on garments would be raised to 17 percent in next two year.

Related Keywords: product development centre, Tejin Group, textile product, yarn

The Teijin Group will start developing yarns and textile products at its new Teijin Product Development China in Nantong, Jiangsu Province today, 18th April. The new centre will strengthen Teijin's textile R&D functions, including cooperation with local companies, having entered into agreement with the China Chemical Fibers Association to develop business for synthetic textiles produced by Chinese companies and textiles manufactured by Teijin.

Related Keywords: labour shortage, Surat weaving sector, yarn

Surat, the country’s biggest man-made fabric industry is going through acute labour shortage at its weaving units. At the time when several small weaving units were finding it difficult carry on operations, the yarn manufacturers have increased the prices of polyester filament yarn and other yarn qualities by almost Rs 6 per kg in the last fortnight, putting the weaving sector of Surat in double pressure.