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New decline in polyester prices
Polyester prices were again down in China in the past seven days, reflecting lower demand from downward processors and a slight decrease in costs of raw materials. After fluctuating since the beginnin...
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Turkey's Exports slowing down in November
After recovering since the start of the year, Turkey's textile and apparel exports began slowing down in November. Turkey's textile industry increasingly fear a surge in textile imports from China aft...
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Egyptian cotton exports to Switzerland surged by 180 %
The Egyptian cotton exports commitments reaches 57 K Tons in the 3rd week from 20/10/2003 to 13/11/2003. The commitment percentage for G70 and G88 (Extra long Staple) reached 39.28% of the total commi...
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Egypt's exports of blue denim trousers to USA has surged dramatically
US imports of blue denim cotton trousers for men continued rising in the first nine month of the year although slightly declining in September. Shipments from certain low-cost countries were boosted b...
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EU could modify its rules of origin
Preparing a new textile trade policy for the post-quota period, the European Union could soon modify its rules of origin. Brussels aims reducing tariff preferences offered to textile integrated countr...
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Wool prices stopped falling in Australia and South Africa
Wool prices rose in Australia and South Africa this week, bringing some renewed optimism to markets. The level in demand remains very low, however, while currencies continue rising against the America...
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US reimposes textile quotas on China imports
The US will reimpose quotas on imports of knit fabrics, dressing gowns and bras from China, the US Commerce Department Tuesday announced. This decision prefigures the way Washington could strictly lim...
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DuPont sells its fiber business to Koch Industries
DuPont Monday confirmed the sale of its fiber division to Koch Industries. Although world's largest producer of man-made fibers, the new US giant will have to resist China's MMF growth in the coming y...
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Egyptian Textile & Clothing Technology Centre (TCTC) signed a contract with the Industrial Modernization Programme (IMC) in Egypt
On November 18th 2003, the Egyptian Textile and Clothing Centre and the Industrial Modernization Programme in Egypt signed the contract for upgrading and modernization project of 100 Egyptian Textile...
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Cotton yarn prices supported by the rebound of Indian and Pakistani exports
Indian and Pakistani spinners are apparently taking advantage of the recent surge in cotton prices. Cotton yarn exports from Pakistan and India are sharply rebounding while China yarn output is fallin...
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Wool prices depressed by US$ fall
Wool prices again fell this week in Australia, South Africa and New Zealand as a result of the current strengh in local currencies. Markets are plunging into pessimism with no clear sign of a possible...
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Egyptian cotton yarn prices are still competitive after the 8% surge in prices
The new Egyptian Cotton Yarn prices launched by the Textile Consolidation Fund (TCF) in Egypt on their meeting held on the 10th of November. The new prices has increased by 8%, after the last week's i...
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Egyptian cotton exports commitments reached a record of 50 K Tons few days after the opening of the Egyptian cotton fiber export season
The Egyptian cotton exports commitments reaches 50 K Tons only in the 1st week from 20/10/2003 to 1/11/2003. The commitment percentage for G70 and G88 (Extra long Staple) reached 36.5% of the total co...
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Cotton yarn prices continue rising in major textile producing countries
Cotton yarn prices continue rising in China and in other major cotton processing countries as a result of the recent surge in cotton prices. Confronted with higher costs, downward processors adopted a...
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Coral Sun & Swimwear arrived in Egypt
Coral Sun & Swimwear arrived in Egypt as a British Investment, attracted from an IPO Mission with the Egyptian British Chamber of Commerce and GAFI in March this year. Coral Swimwear has obtained the...
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Cotton prices resisting any new fall
International cotton prices last week resisted any further fall, being maintained at currently high levels by a continued demand from China. Domestic prices no more increased in China while slightly r...
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BELGIUM: EU Advises Textile Industry To Promote Design, Quality
EU Trade Commissioner Pascal Lamy on Tuesday advised the European textile and clothing industry to find ways to promote its own comparative advantage if it is to survive the end of quotas in 2005.
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Yarn and fabric makers confronted with surging raw material costs <br> Global textile industry forced absorbing the cotton shock
As a result of the astonishing surge in cotton prices, global cotton yarn production could rapidly decline in the coming months. A new series of US textile companies are expected shutting down while c...
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World cotton exports decrease to 6.4 Million Tons by season 2003/2004
Many analysts predicted that world cotton production will increase in the new season 2003/2004 as a result of optimistic expectations of cotton prices increases within a world economy witnessing many...
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Mills needs are the main priority
As the crisis of local mills has severely appeared on the seen; the Egyptian Government has newly adopted a strategy assures the availability of Egyptian cotton for the international market consumptio...