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NIPC in collaboration with CTG to promote Made in Nigeria textile products
In order to promote Made-in-Nigeria products and encourage the revival of the textiles industries in the country, the Nigerian Investment Promotion Commission (NIPC) has decided to work in close
Viscose price increase slows down considerably in Asia
Viscose staple fibre markets in Asia saw upward momentum slowing down considerably during the last week of July, with offers sporadically up marginally. In China, fresh orders of medium-end goods
Galleria Intima to focus on boosting intimate apparel in India
India has long been a global player in the overall textile and apparel sector, but in the intimate wear sub-segment India is yet to make in-roads in world trade, according to organizers of Galleria
TCP scraps second cotton tender as it received offer below reserved price
Trading Corporation of Pakistan (TCP’s) issued second cotton tender on August 1, 2015 to offload remaining 88,600 cotton bales (crop year 2016-15) including 1,000 bales of super grade, 24,200
Crude oil prices fall for fifth week, becomes the highest monthly drop since 2008
In the last week of July, crude oil markets continued to wriggle as US crude posted its highest monthly drop since the 2008 financial crisis, this time after a string of losses in July triggered by
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
TCP likely to issue multiple tender for sales of remaining 88,600 cotton bales
Trading Corporation of Pakistan (TCP) to issue multiple cotton tenders for the sale of the remaining quality of 88,600 cotton bales procured from domestic market, due to the lower participation in
Central bank of Bangladesh to set up $500m fund for both general and textile manufacturing
Bangladesh's central bank will set up $500 million of funding for the country's manufacturers, the funds will be divided into two parts. One for manufacturing in general and the second at textiles,
Viscose pricing upward momentum decelerates entering off-season
VSF markets remained northbound in the week ended 24 July, but the upward momentum somewhat decelerated given the recovery in production and hard to push cost pass-on to downstream buyers. In China,
Shanghai Tex a textile technology show 2015 recorded huge traffic of visitors
A new business matching programme hosted at textile machinery exhibition ShanghaiTex 2015 last month recorded 55,049 local and international trade visitors and buyers from 66 countries and regions,
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