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Trading activity improves as spinners make fresh deals on lower rates
As spinners made some fresh deals on lower prices, trading activity on the cotton market on Tuesday saw some improvement, dealers said. In the ready business, as a result of slight improvement in
Almeda Textile concludes its Br86mn expansion plan in Adwa city
Almeda Textile, one of Ethiopia’s largest vertically integrated textile company which supplies apparel to Sweden’s fast fashion retailer Hennes & Mauritz has concluded its Br86 million
Paraxylene price moves up across all regions
Asian paraxylene prices rose US$5.50 a ton FOB Korea and CFR Taiwan/China in the first week of March. Isomer grade mixed xylene FOB Korea marker jumped US$26 a ton FOB Korea on the
Nylon yarn market remains range bound in China
In China, semi-dull FDY70D/24F prices rolled over in the first week of March while FDY40D were up US cents 8 a kg. Nylon DTY 70D/24F prices were stable while 30D/10F prices were down US cents 7 a
Nylon yarn market remains range bound in China
In China, semi-dull FDY70D/24F prices rolled over in the third week of April while FDY40D gained US cents 8 a kg at the upper end. Nylon DTY 70D/24F prices were flat on the week while 30D/10F
Caprolactum price jumps on surging benzene cost
In China, liquid good jumped up US$70 a ton in the first week of March while solid goods offer was up US$10 a ton. Asian markers, the SE and FE markers gained US$30 a ton on the week. Sinopec
India provides loan of Sh3bn to Rivatex for new machinery
Indian government through the Exim Bank has provided the Rift Valley Textile (Rivatex) East African Limited a Sh3 billion loan to buy new machinery for the factory. Speaking on Saturday after
Cambodian traditional silk industry working boost and promote silk
To boost silk production in Cambodia, Ngom Vanntha, the president of the NGO set up Color Silk center to train women how to weave, feed the silkworms, dye the silk and make scarves and skirts. The
Slow trading activity witnessed on cotton market
The Pakistan cotton market on Thursday witnessed slow trading activity with few buying interest on the part of the spinners. The domestic cotton market is passing through a lackluster phase,
Bilateral agreements with Australia, Africa to boost textile export
The Union textiles ministry through bilateral agreements with Australia, the Commonwealth of Independent States and Africa is trying chase target set to double textile exports in 10 years. The
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