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Decline seen in Chinese textile export during 2015
Japan and Europe have been China's main textile export markets due to sharp depreciation in yen and Euro had a direct negative impact on textile exports. China's textile and garment exports continued
Acrylonitrile price sinks amid dull demand in Asia
Asian acrylonitrile marker the CFR Far East Asia moderated US$20 a ton while Southeast Asia fell US$35 a ton in the last week of December 2015. In China, offers for offshore cargoes were
Intertextile Shanghai Apparel Fabrics 2016 gears up to showcase wide range of products
Intertextile Shanghai Apparel Fabrics 2016, the 22nd edition of China International Trade Fair for Apparel Fabrics and Accessories, one of Asia’s most comprehensive and biggest platform
Surat aims to turn into manufacturing hub for medical textiles
The Man-Made Textile Research Association (MANTRA) is working on a Rs25 crore pilot project approved by Gujarat Government to manufacture hygiene products and medical textiles, including adult and
Reliance to focus on Vimal brand to reach Rs 1,800 cr sales in 3yrs
Reliance Industries (Textiles Business) through its textile brand Vimal by positioning it as a youth-oriented affordable fashion label will be focusing to bring over 2-fold increase in sales to Rs
MEG price jumps in Asian market
Asian MEG markers, the CFR China and CFR South East Asia rose US$30 a ton in the last week of December 2015. In China, offers surged to US$615 a ton, and discussions and trading values followed
Paraxylene price dives in Asia amid weak crude oil prices
Asian paraxylene markers were down US$2.25 a ton FOB Korea and CFR Taiwan/China in the last week of December 2015. Paraxylene prices in Asian markets declined on the week on softer crude oil
Weakening yuan likely to create threat to Indian apparel exporters
India has its strength in the value-added, hand-embodied, casual fashion garments consisting of small orders, whereas China has its strength in high value, basic garments. The depreciation of Yuan,
TDAP plans to double its exports to Sri Lanka in a year’s time under FTA
Both countries Pakistan and Sri Lanka failed to fully utilize the FTA that came into effect in 2005 due to which bilateral trade remains range bound with an average of $350 million for the last six
Invest Karnataka 2016 to pitch Chittapur, Yadgir as potential investment hubs
At the three-day Invest Karnataka 2016 to be held in Bengaluru from February 3, the proposed National Investment and Manufacturing Zone (NIMZ) at Chittapur and a textile park and industrial hub
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