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Halt in Indian Exports Could Push China to U.S. Cotton
China, the world’s largest cotton user, faces an imminent cotton shortage after India halted exports and demand climbed, the State-owned Assets Supervision and Administration Commission said last week...
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INDIA: Apparel exporters hope for 10% growth in 2010-11
Apparel exporters today expressed the hope that exports would expand by 10 per cent in 2010-11, even as overseas shipments contracted in the last fiscal due to demand slowdown in the EU and US.
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German Q1 textile machinery exports up 30%
Germany textile machinery association, VDMA said orders for the first quarter of 2010 were 130% higher than for last year’s first quarter. It predicts an increase in sales volume of 30% to 35% compare...
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Apparel manufacturers seek 5pc regulatory duty on yarn exports
LAHORE: The textile sector stakeholders have realised the need to evolve a joint strategy to save the industry from collapse as yarn shortage has forced several value-added manufacturers to close down...
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BANGLADESH: Bangladesh's apparel industry has a bright future says World Bank
After elimination of the quota system in 2005, the recent economic recession is reshaping the global apparel supply chain and importers procurement strategies, which has had a considerable impact on B...
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India: Textiles exports likely to grow by 10 percent
NEW DELHI: The government today said India's textiles sector impacted by the global downturn is on the path of recovery and exports are likely to increase by 10 per cent in the current financial year.
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World Cotton Market Reacts to Indian Export Ban
Last week, the Government of India announced that it is suspending registration of cotton exports and shipments from the country in an effort to boost domestic supplies and moderate prices. India is t...
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Indian ban on cotton export affects Pakistani importers
The Indian government has not only banned the export of cotton but also imposed Rs2,500 per ton export surcharge on the export of Indian cotton to save their local textile industry. This ban has serio...
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SOUTH CAROLINA SMALL BUSINESS GROWS BY EXPORTING TO EGYPT BACKED BY EX-IM BANK LOAN GUARANTEE
WASHINGTON, D.C. - Morrison Textile Machinery Co. (Morrison), a small business located in Fort Lawn, S.C., made a larger-than-usual sale of equipment to Egypt, and sustained jobs at its plant back hom...
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PAKISTAN: Iceland volcanic ash hits textile production
Global aviation chaos in the wake of volcanic dust over the European continent has interrupted the country s textile production for at least three weeks, while exporters faced traveling hurdles to fin...
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Cotton prices surge in April
The Cotlook A Index rose almost continuously from 64 cents per pound in August 2009 to 84-87 cents per pound in March and early April 2010.
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Egypt's Alcotexa sells 200 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 200 tonnes of Giza 86 cotton in the week that ended on May 1, an Alcotexa official told Reuters on Sunday.
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Egypt's Arafa says profit hit by recession
Arafa Holding, Egypt's biggest garment exporter, reported a decline in net profit for the year to end-January of $10.2 million, saying the sluggish economy in its key British and European markets weak...
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UK: Economic crisis shrinks apparel market
The global apparel market has shrunk around 1.8% as a result of the financial crisis, according to a new report from just-style.
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Bremen cotton market - Limited choice of origins
The sales of upland cottons in the domestic market remained limited to the still available producing countries in Central Asia and West Africa. After the prices had consolidated on a high level contra...
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TURKEY: 'No need to worry about textile orders lost to China’
Turkey will compensate for the loss of foreign textile orders to China, Turkish Fashion and Apparel Federation Chairman Nedim Örün said on Thursday.
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Eng. Rashid: Increasing Egyptian yarn Exports to Turkey
Under the government plan to double it's exports to 200 billion pounds until year 2013 and increase the competitiveness in the global markets .
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Indian Cotton Organization Protests Cotton Shipment Ban
A ban on cotton shipments from India, the world’s second-largest grower and exporter, may affect as many as 2.5 million bales of the commodity, an industry group said.
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Bangladesh garment industry wants cheaper yarn
DHAKA: Bangladesh will loss its huge ready-made garments market in the international markets if government fails to curb rising yearn price in the domestic market, a business leader said Saturday.
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China concerned by Indian cotton export ban
The China National Textile and Apparel Council (CTEI) has expressed concern that global cotton prices are likely to rise in the wake of the Indian Government’s decision yesterday to suspend registrati...