main+markets | YnFx - Part 125

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2014-07-28 14:45:00

US firm Valdese Weavers pave way for employee advancement

Valdese Weavers is the leading producer of decorative textiles in the United States for residential and contract markets. The company operates four facilities in Burke County, N.C., which trade

2014-07-26 18:00:00

Bangladeshi state-owned jute mills faces sharp decline in export of jute goods

The State-owned jute mills of Khulna-Jessore industrial belt in Bangladesh has witnessed sharp decline in jute goods exports due to lack of demand in global market, particularly because of political

2014-07-23 09:00:00

Egyptian government raises cotton subsidy to encourage domestic industries and farmers

Egypt's economic ministers takes a move to encourage domestic industries to purchase Egyptian cotton as well as support local farmers by giving approval to raise the subsidy for spinning companies

2014-07-21 14:31:00

Paraxylene prices roars back to June levels

Asian paraxylene prices shot up significantly back to June end levels as traders' scrambled for short-covering in the week ended 18 July 2014. Prices continued to remain supported by shortage owing

2014-07-21 10:00:00

Cotton import likely to double at 1.5mn bales this year over higher prices

Cotton import is likely to double at 1.5 million bales (a bale is 170 kg) in the current cotton year (October 2013-September 2014), as compared to 0.7 million bales the previous year, due to the

2014-07-20 14:00:00

Xinjiang plans 20 bn yuan fund to support textile industry

China's Xinjiang Uygur Autonomous Region prime cotton-growing area, which produces about 60 percent of China's cotton on less than 40 percent of the country's cotton-growing land, aims to create 1

2014-07-18 16:45:00

H&M opens new flagship and brandâ€™s largest store in Manhattan

Hennes & Mauritz AB (H&M) is a Swedish multinational retail-clothing company, known for its fast-fashion on Thursday celebrated the opening of its new flagship on Fifth Avenue in Manhattan,

2014-07-18 15:00:00

Garment exporters face tough competition not having zero duty access to EU market

EU being the largest market for Indian textile exports, Indian garment exporters have to face tough competition from neighbouring countries for export of readymade garments mainly due to zero duty

2014-07-14 17:17:00

Benzene firms up again lifting the value chain

Asian benzene prices were on a bull-run since mid-May, gaining a total US$173.50 a ton until June-end, partly fuelled by supplies shortages in South Korea and Japan, as well as the strong crude

2014-07-14 10:30:00

India, Bangladesh need to tap market demanding green products

The world's nearly 95 percent of jute is grown in India and Bangladesh but the turnover of this sector is small compared to cotton and the synthetic fibres. The jute industry, that once paved the way

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