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Indonesian yarn markers want safeguard duty on yarn imports
Yarn producers in Indonesia have urged the government to impose a temporary safeguard duty on imported yarn, which they claim is severely damaging the local producers. Local yarns, especially made of
IKA Yoga wear launches world’s first yoga suit
IKA Yoga Wear found the world’s first International Day as the best opportune to launch its design “Prayog” which took two years of extensive research and closely consulting yoga
Egyptian exports to African countries declined in first quarter of current year
During the first quarter of the current year, the trade balance due to the political tensions and difficulties in transport because of higher freight rates has decreased between Egypt and other
USFIA marks Bangladesh the sixth most popular sourcing destination
The United States Fashion Industry Association (USFIA) conducted the second US Fashion Industry Benchmarking Study, where executives from 30 US-based fashion companies, retailers, importers and
FTA - window ticket to Russian market for Tirupur textile exporters
A joint statement, as a prologue to the FTA with the Eurasian Economic Union (EEU) comprising Russia, Kazakhstan and Belarus had been signed between India and EEU at St. Petersburg in Russia few days
AKFTA accelerates Vietnam textile industry
The ASEAN - Korea Free Trade Agreement (AKFTA) led to a significant growth in Vietnam's textile and garment industry. According to its open-access commitment, Vietnamese textile and garment products
Financial crunch disables Nigerian textile sector to show competitiveness
The Nigerian textile sector is facing a huge financial crunch as it is unable to prove its competitiveness. Although several factories have benefited from a $500m government intervention to revive
Asian MEG markets undergo correction, fundamentals stable in US and Europe
Asian mono ethylene glycol markets were under correction in the week ended 12 June from its earlier bullish week as players were mulling over the waning polyester demand and reduced operating rates
MSP for cotton raised by INR50 per quintal for 2015-16 season
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, approved the Minimum Support Prices (MSPs) for Kharif Crops of 2015-16 season. The decision is based on
Yarn prices were stable to down across India, China and Pakistan
Cotton yarn offers were unchanged amid poor sales volume in the week ended 12 June 2015. During the week, viscose yarn prices were range bound due to sluggish sales while spun polyester yarn prices
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