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U.S. Cotton Terry Towel Imports in 2004-2007
U.S. imports of cotton terry towels further rose in the last year with India surprisingly taking additional shares of the market. The final domination of a surging China now looks less evident, even w...
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U.S. Apparel Import Prices in January-February 2008: China vs. India, Indonesia, Vietnam, Bangladesh, Mexico and CAFTA
U.S. apparel import prices generally rose in a large number of categories in the first two months of 2008, especially for wool and man-made fiber products. China further raised its prices in most impo...
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OE Spinners Appeal to PM to Stop Exports of Cotton Waste
Madurai spinners association has appealed to the Prime Minister to stop export of cotton waste from the country and save open end spinning industry from impeding doom. Textile industry is the second l...
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Industry Leaders Gather to Discuss Volatility of Cotton Market in Q1
We had a bounce today on light volume with firmer prices in grains fueled by a CFTC hearing on commodity exchanges and possible changes to provide convergence in the physical markets. The grain and co...
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EU Imports of Cotton Denim Fabrics in 2004-2007 - Origins and Markets
EU's imports of cotton denim fabrics resisted a new decline in the last year, mostly due to a surge in Italian imports from Tunisia and Egypt on widely different market segments. Imports from Turkey d...
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US-China Quota Fill Rates and Prices
With U.S. imports from China still depressed in most important categories, quota fill rates are remaining at extremely low levels compared with previous years, with no reason to fear any quota shortag...
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Polyester Price Down to 12-Month Low in China
Polyester prices are now falling to a 12-month low in China, reflecting the lack of demand and the high level in inventories at fiber plants. An urgent need for cash is forcing producers in lowering p...
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Entrepreneurs Contemplate Venturing for Turkish Partnership
During his visit in Bangladesh, the Head of the Turkish Knitwear Industrialists Association met domestic readymade garment entrepreneurs on April 7 expressing its desire to manufacture apparel product...
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Merino Cardings Indicator Fall by 32¢
The Australian wool market finished 1.4% lower, on average, at sales in Sydney, Melbourne and Fremantle this week. The AWEX EMI fell by 19¢ (-2.0%), ending the week at 938¢/kg. This reflected decrease...
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Cotton Prices Sharply Falling Amid Strong Volatility
Cotton prices were subject to a very strong volatility in the last week in New York, finally falling to much lower levels. The U.S. market was negatively affected by a decline in commodity markets, tr...
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Polyester Intermediate Prices on the Asian Market
Polyester intermediate prices were more stable in the last week in Asia. A new surge in crude oil prices to fresh record levels offered some support to spot markets for PX, PTA and MEG. May contract p...
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Global Cotton Production Estimates Reduced by 1.6 Million Bales
Cotton prices corrected quite sharply in the last half of the week. From a technical point of view, the rally had been almost a perfect 50% correction of the collapse from the March highs to the low o...
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Indian Technical Textiles Market to Grow Four Times by 2020
“Indian Technical Textiles market is set to grow by more than 4 times to $37bn in the next 12 years i.e. by 2020”, estimates FICCI – Technopak Report on ‘Indian Technical Textiles Industry: Stimulatin...
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China to Put a Strain on Global Cotton Supply
World demand for imported cotton will jump by as much as 50 percent in the next decade as China's emerging middle class snaps up ever more of the fluffy fiber, Texas Tech University economists predict...
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Retail Trade Sales Show Increase of 2.5%
Retail trade sales at constant (2000) prices for February 2008 showed an increase of 2.5% compared with February 2007, after reporting a revised 0.7% growth for January 2008. Retail trade sales at con...
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Wholesale Trade Sales Increases by 5.7%
Wholesale trade sales, at constant (2000) prices, for the three months ending February 2008 increased by 5.7% compared with the three months ending February 2007. The corresponding growth in 2007 was...
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2’nd Consecutive Year of Slowdown Expected in World Trade
World trade growth slid to 5.5% last year from 8.5% in 2006 and may grow even more slowly in 2008 - at about 4.5% - as sharp economic deceleration in key developed countries is only partly offset by c...
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Increasing Production can Reduce Raw Silk Imports
India produces about 28 crores of mulberry silkworm eggs per year. This production is met by three agencies namely, Private Licensed Silkworm Seed Producers (LSPs), State Departments of Sericulture (D...
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Bangladesh Eyes $25 Billion Textile Exports by 2013
Bangladesh expects to treble its textiles exports to $25 billion over the next five years at the expense of China and India, which have to cope with rising currencies, a top business leader said on We...
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Spandex Prices Again Falling In China
Spandex prices are further falling in China, mainly due to the weakness in demand from domestic and export markets. Operating rates are being lowered amid rising capacities. Raw material costs are als...