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23.5 % Increase in the Production of the Egyptian Cotton
The Central Agency for Public Mobilization and Statistics ( CAMPAS) has revealed in it's annual report the increase in production of the Egyptian cotton by 23.5 % during the last agricultural season,...
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Textile sector seeks 5 percent rebate on yarn purchase
KARACHI: A round table conference of value added textile sector has recommended that the government should give local industry a three to five per cent rebate on yarn purchased from the local supplier...
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Knitwear apparel producers switch to synthetic fabrics
Knitwear apparel producers will now produce apparels created from man-made fibre instead of cotton yarn, which will provide the knitwear exporters with a wider-range of apparel items to be sold throug...
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Italian textile machinery industry sees signs of recovery for 2010
There's no doubt that we've seen some signs of a recovery during the early part of 2010, as confirmed by increased orders for the second half of 2009, and renewed investments in key markets such as Ch...
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VIETNAM: Good news for textile and garment sector
With the global economy recovering from recession, there has been a surge in the number of orders received by Vietnamese textile and garment businesses, most of which last until the end of the first q...
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Turkey to Boost Cotton Output by 18 Percent Next Year
Turkey, the world’s largest cotton importer after China, will boost output by 18 percent next year and increase purchases of overseas supplies, a unit of the U.S. Department of Agriculture said.
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Indonesia Cotton Use to Increase Slightly in 2010/2011
Indonesia’s cotton use will rise 2.4 percent in the year starting in June as textile makers boost purchases to keep pace with increased demand during an economic recovery, a U.S. Department of Agricul...
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PAKISTAN: New investments in textile machinery, technology - Government to give 50 percent mark-up support
KARACHI: The federal government would give 50 percent mark-up support for new investments in machinery and technology, and 20 percent grant of capital cost for establishment of new plants in textile s...
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Report: Improving Global Economy Sparks Demand for Cotton
The ICE No. 2 cotton nearby futures prices traded in a range of 78 to 84 cents during March with the tighter outlook for cotton stocks during 2010 keeping upward pressure on prices, a report from Rabo...
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Cotton export duty to check rising prices
The government is hoping a Rs 2,500-per-tonne duty on raw cotton exports will neutralise rising prices in the domestic market while helping to salvage India’s presence in the international market. The...
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Peru’s textile and apparel exports likely to grow 10% to US$ 1.6 billion this year
LIMA: Peru’s textile and apparel exports are likely to grow 10 percent to 1.6 billion dollars this year, predicted Scotiabank Peru analyst Pablo Nano.
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Africa: 18 countries in 'grand' textile strategy
Nairobi (Kenya) — A strategy by 18 African countries to develop a joint textile manufacturing chain will make products from the region more competitive in the world market.
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Business with Israel pays off in Jordan
Manager Rami Kurdi snapped off a quick celebratory salute to his workers as the factory's bell rang, marking the completion of the day's 1,000th tracksuit in record time.
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Egypt's Alcotexa sells 400 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 400 tonnes of cotton in the week that ended on April 10, an Alcotexa official told Reuters on Sunday.
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PAKISTAN: Cotton shortage ups yarn prices
LAHORE: Yarn prices rose to their pre-quota level of Rs100-104 per pound (20 single counts) from Rs.95-96 against the backdrop of shortage of cotton in the local market and spinners’ reluctance to imp...
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PAKISTAN: Textile export target to be missed by $1.5 billion
Pakistan's textile export target of $10.5 bn set for 2009-10 is likely to be missed by $1.5 bn due to yarn shortage, increase in electricity and gas tariff and unscheduled load shedding.
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World Cotton Production to Increase by 12 Percent, ICAC Says
The International Cotton Advisory Committee has released its latest projections for the 2010-11 global cotton market. The release reads as follows:
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INDIA: Garment exports may improve in the coming months
Garment exports from India to the US, the European Union and Japan are likely to pick up in months ahead on the back of improvement in their retail markets, an industry body today said.
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Cotton market remains listless
KARACHI: The cotton market saw 2,480 bales traded on various rates depending on quality from Rs5,500 to Rs5,575 per maund, said brokers on Tuesday.
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GLOBAL: Global cotton production likely to increase in 2010/11
Higher prices paid for 2009-10 cotton, combined with the recent decline in prices of grains and oilseeds and relatively stable production costs, will encourage farmers to increase cotton plantings in...