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VITAS suggests govt to update textile sector development strategy
The Vietnamese textile industry’s export value under the current planning was targeted to reach US$20 billion by 2020, but the figure exceeded $27 billion in 2015 and is expected to hit $31
Tunisian textile industry at risk due to anarchic importation and smuggling
The Tunisian textile industry’s local production that currently accounts for only 20 percent of the goods available for purchase on the local market is threatened by uncontrolled imports and
Sluggish demand pushes cotton prices down in India
Cotton markets in India continued to reel under demand pressure. Weak demand from mills remained sluggish pushing cotton prices down by about 3% or INR1,000 per candy of 355 kg over the week.
Walmart's suggestion spurned by FOSTTA members
The Walmart experts suggestion to transfer grey fabrics directly from powerloom weaving units to textile dyeing and printing mills in order to ease traffic congestion in the two square kilometre
PTA price in Asia faces the brunt of sluggish demand
Purified terephthalic acid prices in Asian markets slipped in the first week of August amid bearish downstream polyester markets as end-users remained sluggish, expecting the lack of buying interest
Sales and exports of Indonesian textile industry remain sluggish
Indonesian textile industry would still be pressured in the second half of the year and predicted that sales and exports of textile products would remain sluggish, according to Ade Sudrajat, head of
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
APTMA urges to curb heavy influx of second-hand smuggled and clothing products into domestic market
Pakistan textile industry is incurring an annual loss of around $6 billion due to the presence of second-hand, smuggled textiles and clothing in the domestic market. Out of 10kg per capita
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
Stakeholders asked to review the TUF scheme and submit their suggestions
At a meeting organized on the TUFS by the Southern India Mills’ Association in Coimbatore on Monday, Textile Commissioner Kiran Soni Gupta said that the Ministry was looking at balanced
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