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Govt needs to give greater priority to textile sector to boost exports
The country's total exports of textiles and clothing in 2015-16 stood at USD 40 billion as against USD 41.4 billion in 2014-15, a marginal decline of 3.4 per cent. In the absence of adequate policy
RIL partners with Star Cotspin to develop high-quality threads
Diversified group Reliance Industries (RIL) which is engaged in textile business and also into synthetic fibre manufacturing, has partnered with Star Cotspin Limited, Bhilwara based leading
Acrylonitrile prices surge on tight supply
The acrylonitrile markers gained US$20 a ton CFR Far East Asia and Southeast Asia in the second week of April. In China, offers for offshore cargoes were up US$20 a ton on the week. Prices for
Iran, Turkey mull ways and means of expanding bilateral ties
During a meeting held of the Turkish side of Iran-Turkey Trade Council and Iran's new ambassador to Turkey Mohammad-Ebrahim Taherian on April 26, Tehran and Ankara have discussed lifting impediments
Hong Kong's largest fashion sourcing show begins
The Global Sources Fashion show opens in Hong Kong today with 1,600 booths bringing together a range of suppliers and new products from across Asia set to welcome buyers looking for the hottest items
Paraxylene price rises across all regions
Asian paraxylene prices inched up US$3.67 a ton CFR Taiwan/China and FOB Korea in the second week of January. Isomer mixed xylene declined by US$12 a ton FOB Korea on the week. Paraxylene prices
Paraxylene price rises across all regions
Asian paraxylene prices gained US$5 a ton FOB Korea and CFR Taiwan/China in the second week of April. A South Korean paraxylene producer settled long-term contracts for 2016 at a discount of US$2.50
Biannual Egypt and Middle East expo create investment opportunities
Smart Egypt which organizes the biannual Egypt and Middle East expo in Kigali that opens on April 28 at at Amahoro National Stadium, Ashraf Mahmoud said that tradeshows create investment
Rwanda govt plan to waive 25pc customs duty on imported fabric
The Ministry of Trade and Industry confirmed that there is a plan to waive the 25 percent Customs duty on imported fabric, a move that is meant to boost the production of locally-made garments. But
Nylon yarn price inches up in China
In China, semi-dull FDY70D/24F prices inched up US cents 2 a kg in the second week of April while FDY40D rose US cents 2 a kg. Nylon DTY 70D/24F prices were flat while 30D/10F prices rolled over
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