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2014-12-16 13:15:00
Will the crude oil price free fall stop, will chemical fibres react?
Crude oil prices have retreated US$50-53 per barrel or US$360-390 a ton since its peak of June 2014. More than that, the first two weeks of December has already seen them falling more than US$11 a
2014-12-15 18:00:00
Bilateral trade between Vietnam and Italy to open a new opportunities
Italy is Vietnam's eighteenth largest export market and fifteenth largest import market. Vietnam’s export to Italy has surged by 18.2 percent reaching US$2.5 billion, while its imports from
2014-12-15 18:00:00
Bilateral trade between Vietnam and Italy to open a new opportunities
Italy is Vietnam's eighteenth largest export market and fifteenth largest import market. Vietnam’s export to Italy has surged by 18.2 percent reaching US$2.5 billion, while its imports from
2014-12-15 10:00:00
Russian nonwovens and technical textiles faces biggest decline in demand
The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the
2014-12-13 16:00:00
KSIC to set up soft silk unit to make Mysore silk sarees affordable for public
A soft silk unit would soon be set up in Channapatna a town in Karnataka at a cost of Rs 10 crore that will help reduce the price of Mysore silk sarees. This was announced by Karnataka State Silk
2014-12-13 12:00:00
Sourcing pattern not been affected by shift in production base in China
Manufacturing has been shifting away from the more expensive southern China to Southeast and South Asian countries such as Vietnam and Bangladesh. The shift is being led by textiles which may have
2014-12-12 11:05:00
IKEA initiates ‘Make More in India’ and to expand supplier base in India
Global home furnishings leader, IKEA has announced a new initiative - ‘Make More in India’ aimed at potential suppliers and to expand IKEA’s supplier base as well as the
2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-12-11 17:00:00
MNREGS likely to be extended artisans and weavers of the textile sector
The centre plans to extend the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to textile artisans. The move aims to support artisans who are leaving the skills and joining the
2014-12-11 12:00:00
India sees huge potential for technical textile during the next two years
India sees huge potential for the technical textile sector as sector is expected to grow at 20 percent per annum during the next two years, said Union Minister for Textiles Santosh Kumar
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