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2016-08-08 11:00:00
Irani to set up a national helpline for weavers soon
Union textile minister Smriti Irani at the second National Handloom Day celebrations at Swatantrata Bhavan, Banaras Hindu University on Sunday made an announcement to launch a national helpline for
2016-08-05 16:15:00
Branded apparel may get costlier with the implementation of GST
With the implementation of the goods and services tax (GST) that is expected by April 2017. According to industry and experts, tax incidence on branded apparels and other finished textile products
2016-08-05 11:00:00
India’s handloom export plunge to Rs1,500cr, 30% decline in FY2015-16
The handloom export of India was worth Rs2,240 crore a year ago which has come down to Rs1,500 crore in the fiscal 2015-16, states the annual report of the textile ministry. This is just 65% of the
2016-08-05 06:31:54
PTA price moves up marginally amid better domestic demand
Asian PTA was assessed up US$2 a ton CFR China and CFR Southeast Asia in the third week of July. In China, offers were maintained at US$620 a ton throughout that week, with buying ideas around US$610
2016-08-04 16:00:00
Kutaisi to become a city of developed textile industry by 2017
Kutaisi, a legislative capital of Georgia, and its third largest city by 2017 will become city of the developed textile industry as two new plants will be built in the near future and 10,000
2016-08-04 15:00:00
Lenzing to invest in its capacity expansion for Specialty Fibers
The Lenzing Group to make investment of about Euro 70 millon in Heiligenkreuz and Euro 30 million at the Lenzing site to expand its capacities for specialty fibers by 35,000 tons by mid 2018,
2016-08-04 14:00:00
Rwanda exporters urged to take full benefit of new AGOA trade facility
With the announcement of the new additional list of goods that will enter the US duty free under the African Growth and Opportunity Act (AGOA) scheme, entrepreneurs have been urged to take full
2016-08-04 03:29:31
US Acrylonitrile price surge to one-year high on supply outage
US acrylonitrile spot surged to one-year high on supply outage, the highest level since 7 July. Spot spiked US$125 a ton FOB USG in the third week of July, which ended on 22nd July 2016. European
2016-08-03 03:42:23
MEG price falls on bearish outlook
Asian MEG prices fell US$10 a ton CFR China and CFR South East Asia in the third week of July. In China, offers for nearby-month goods were pegged stable, and counter offers were steady. Bonded goods
2016-08-03 03:42:14
Paraxylene prices flat to up in Asian markets
Asian paraxylene prices were up US cents 17 a kg in the third week of July and CFR Taiwan/China was unchanged from previous week. Paraxylene prices were flat to marginally up in Asian markets on weak
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