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FTA with EU and US to offset adverse effects of TPP on India textiles
Indian textile industry to touch its potential of $500 billion by 2025 from the current level of $110 billion, Assocham, industry body advocated signing of FTAs with European Union countries (EU) and
Vietnamese textile garment exports to US likely to step up
Vietnamese enterprises expected to step up shipments to the U.S. and Japan with the tariff incentives offered by the TPP. Vietnam’s apparel is currently subject to 17-30% U.S. tariffs but the
Nylon yarn price climbs up gradually in China
In China, semi-dull FDY70D/24F prices were up US cents 2 a kg in the second week of October while FDY40D were steady. Nylon DTY 70D/24F prices rolled over and DTY 30D/10F remained
Caprolactum price declines amid thin trade
In the second week of October, Asian markers, the SE and FE were down US$30 a ton while trading values for East European goods were stable. Sinopec announced contract settlement for October at
Indian apparel exports likely to reach $20bn by 2016
India's apparel exports supported by the expectations of increase in the global apparel trade and partly due to benefits of depreciated Indian rupee in 2015 are likely to increase to $18 billion and
SSM to present its latest technologies at ITMA 2015
The Swiss based SSM Schärer Schweiter Mettler AG, the inventor of the electronic yarn traverse system, will introduce the new XENO platform to demonstrate its lead in the market. The manufacturer
HempFlax invests EUR 5mn to support hemp cultivation and processing in Romania
HempFlax, a Dutch company leader on the hemp processing segment, has invested EUR 5 million in hemp growing and processing in Romania, where its first factory opened in Alba County, in central
Blended yarn price inches up in India while falls in Pakistan
In India, 30s (65/35) PV yarn prices moderated again by INR1 and by INR3 since mid September, however, in US terms, prices were up US cents 2 a kg due to stronger INR in Indore market in the second
Chinese cotton import demand reached an all-time low in Sept
Chinese cotton imports demand has just reached 50,900 tonnes an all-time low in September, a decline of 59% year-on-year as large domestic inventories reduced reliance on foreign supplies, at a time
PAF strongly opposes to current 5pc import duty on cotton yarn
The Pakistan Apparel Forum (PAF) members said on Thursday said that the value added textile sector is burdened due to the current 5 percent duty on the import of cotton yarn and the industries are on
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