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INDIA: Indian Textile Producers press for an export ban.
After the panic caused by Russia’s wheat export ban, a proposed cotton export ban by Indian producers may cause the next fissure in global trade.
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BULGARIA: Bulgarian Textile Industry Up by 18-22% for 2 Months
Representatives of the Bulgarian textile industry have stated they have been overwhelmed with orders and they had to turn down some of them due to lack of capacity.
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BRAZIL: Brazil cuts cotton import tax to zero from 10% until May 2011.
Brazil has scrapped a 10-percent tariff on imports of cotton lint due to fears that existing supplies will be insufficient to meet local demand, the foreign trade chamber, Camex, said on Tuesday.
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Vietnam gears up for textile exports boom
In an attempt to meet growing foreign demand, Viet Nam National Textile and Garment Group Vinatex announced production expansion investments.
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Brazil Expects Shortage, Will Import 250,000 Tons of Cotton
As strong as Brazil’s cotton cultivation has become in recent years, it isn’t the only industry growing quickly. The South American country’s textile and apparel industry -- now the fifth-largest in t...
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GLOBAL: International Textile Market Association gets new directors and president
The ITMA announced that three industry executives have joined the 14-member board of the International Textile Market Association, producer of the semiannual Showtime fabric shows and the ITMA Educati...
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EGYPT: Egypt's Arab Cotton Ginning 2009/10 profit jumps.
Egyptian textiles company Arab Cotton Ginning posted net profit of 205 million Egyptian pounds for the fiscal year to the end of June, the stock exchange said on Monday.
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Sri Lankan Apparel Exports grew 23.8% in the first half.
Sri Lanka's apparel exports grew 23.8% to US$304 million in the first half of 2010. The country*s Central Bank said that apparel exports to the United States were up 34% and to the European Union by...
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H&M and Zara to launch online shopping in Europe
H&M and Zara are launching newer websites in September with real e-commerce ventures. Zara has announced that it will unveil its new online store on September 2 in UK, France, Spain, Italy and Portuga...
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Significant increase in cotton imports in Thailand
This year in July, the Thai cotton imports reached 29,900 tons, up 11.4% of the Australian cotton imports increased by 43.4%, imports of cotton in Africa is also a record high.
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Global Apparel Markets: Business Update, 2nd Quarter 2010
Japanese clothing imports fell by 5.8% during January-April 2010. US clothing imports, on the other hand, were up by 2.4% during January-March 2010. During the same period, Chinese clothing exports we...
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Australian Cotton Production to Increase 34 Percent.
Australia is expected to have a banner cotton crop this season, capping a comeback that has seen overall production nearly quadruple since 2007-08. This season’s estimated production of 2.3 million ba...
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CHINA: Cotton demand-supply to achieve parity in 2011
World cotton production and consumption are forecast to roughly balance at 25.1 million tons in 2010/11, as a result of a 15% rebound in production and a 2% increase in mill use,according to Internati...
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CHINA: India to allow unrestricted cotton exports from Oct 1.
India is projected to have a record cotton production this season with 330 lakh bales and will allow unconstraint export of cotton, said a government official on Friday.
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INDIA: Garment Exports decline again to $816 million.
Even as overall exports from India have continued to grow, albeit at a slower pace, garment exports have gone deeper into the red.
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BANGLADESH: Soon Indian Garments to be made in Bangladesh.
Indian shirt-maker NSL Textile, for instance, is trying to import readymade shirts from Bangladesh that would be marketed under the brand name Constello. The Rs.15 billion enterprise is among the many...
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CHINA: India to fix cotton exports quota
Prior to resume cotton exports, India said it will fix the export quota after deciding on the domestic demand and the production.
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INDIA: Apparel Exports decline for third consecutive month.
Apparel exports from the country dropped for the third successive month in July, showing a 22.5 percent annual decrease in contrast to recovery in the country's overall exports which went up by 13.2 p...
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INDIA: Industry to export 1 million Cotton bales to Pakistan.
Indian exporters have finalized deals with Pakistani spinners for export of one million bales of cotton since cotton crop has been extensively damaged in the floods that ravaged the country.
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Egypt's Alcotexa sells 312 Tons Cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 312 tonnes of cotton in the week that ended on August 28, an Alcotexa official told Reuters on Sunday.