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Government confirms the plan of reviving defunct textile parks
Confirming the Government’s initiative to boost the textile sector, Textile Commissioner Kavita Gupta, said that the government is planning to revive textile parks currently remained
ITF appeals to give top priority to Indian textile sector in India EAEU FTA
The Indian Texpreneurs Federation (ITF) has appealed to Union Minister Nirmala Seetharaman to give top priority to textile sector in the on-going study of India-EAEU Free Trade Agreement (FTA) 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.
China’s absence does not deter wool market, prices hold firm
Wool prices in New Zealand held firm at auction this week although buyers from China were absent due to the Lunar New Year holidays. China is country's largest export market. 35-micron wool price, a
PTA price jumps in China as crude oil rebounds
Asian PTA markers regained US$5 a ton CFR China and CFR Southeast Asia in the last week of January. In China, offers were maintained at US$550-555 a ton, and counter offers were between
TPPA can help Malaysia create new industries
With Malaysia signing the Trans Pacific Partnership Agreement (TPPA), the textile industry players can now collaborate with the Malaysia External Trade Development Corporation (Matrade) and Malaysian
ASF prices steady amid moderate demand in Asia
In China, medium-length staple fiber prices were stable while cotton-type staple rolled over in the last week of January. Jilin Chemical Fiber maintained its list prices for January with 1.5D and
Maglital receives €8mn guarantees from Sace to boost Italian textiles export
Under officially supported export credit programs, SACE, an Italian Export Credit Agency specializes in providing export credit guarantees and insurances for buyers credit, suppliers credit and
The 15th Textile Asia coming up in Karachi next month
The 15th Textile Asia 2016 International Textile and Garment Machinery Trade Fair incorporating clothing, Fabric and Textile Asia organized in collaboration with the Ecommerce Gateway (Pvt) Ltd to be
Wool price declines in NZ on strong currency, shrinking demand from China
An increase in the kiwi dollar made New Zealand’s exports less attractive which led to a decline in wool prices of the country. Clean 35-micron wool prices, a benchmark for crossbred wool
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