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PAKISTAN: 14.11 million Cotton bales Target for Fiscal Year 2009 Unlikely to be Met
Non-availability of water for cotton especially in Punjab, risk of the furious attacks of mealy bug and cotton leaf curl virus (CLCV) and the shortage of pesticides in the domestic market have discour...
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USA: Gains in Cotton Market
Cotton prices had worked their way lower for nine consecutive sessions for a total loss of over 800 points before bottoming the early part of the week. Prices had just sagged under their own weight fr...
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PAKISTAN: New Cotton Crop May Face Difficult Challenges
In 2007-08, cotton production was found 11.35 running bales as on 1st. May, 08 which in terms of 170 kgs bales, it comes to 10.68 million bales, lowest out-put in last five years. In eight months of t...
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KENYA: Export of Clothes Drops as American Economy Falters
The flow of apparel from Kenya to the US under the AGOA facility dropped again last month as the economy of the world's only superpower continues to falter. The exports have been on a rapid decline si...
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SRI LANKA: Sri-Lankan Workers in Egypt Risk Deportation
At least 142 Sri Lankans employed at Vilocity Textile Industry in Egypt will be deported to Sri Lanka within the next few days unless they give up their week-long strike against the management, the Sr...
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INDIA: Need to Improve Cotton Production TN.
With the textile mills in Tamil Nadu consuming nearly 80 lakh bales of cotton annually, the State needs to increase its cotton production from the current five lakh bales a year, according to P.D. Pat...
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PAKISTAN: Thirty Textile Mills Shut Down in Karachi
As many as 30 textile mills in the different industrial areas of Karachi have shut down completely. Twenty mills wound up in site area while 10 in North Karachi industrial area because of rise in cost...
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INDIA: Garment Sector May Face the Burn of Fuel Price Rise
The Central Government has increased the Petrol and Diesel prices by Rs. 5/- per litre and Rs. 3/- per litre respectively (4.6.2008) The Central Government has hiked the fuel prices due to increase in...
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PAKISTAN: Spinners May opt for Import Due to High Prices on Cotton Market
Dullness prevailed on the cotton market started between spinners and ginners over the present trend in the prices. The Karachi cotton Association (KCA) official spot rate was unchanged at Rs 3700. Mar...
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CHINA: China Supports Fragile Textile Industry
The Chinese Ministry of Industry and Information Technology just issued a document to solicit public opinions to help stranded textile industry. The document includes proposals from the National Devel...
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SRI LANKA: Trade Minister, NCTO Chief Discuss Garment Exports
Minister of Export Development and International Trade, Professor G.L. Peiris met in Washington D.C. with Mr. Cass Johnson, President of the National Council of Textile Organizations of the United Sta...
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PAKISTAN: Textile Industry Should Improve its Performance
Manufacturers of Polyester Staple Fibre said that allegations made by certain quarters within the textile sector are far removed from the ground reality and that the bare minimum import tariff of 6.5...
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CHINA: China Ministry Urges Slower Yuan Rise to Help Textile Firms
China should slow the pace of yuan appreciation and increase export tax rebates to help a struggling domestic textile industry. The government should take measures to appropriately slow the yuan appre...
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CHINA: Spun Yarn Prices in China
Trends in spun yarn prices were mixed in the past two weeks in China. Cotton yarn prices stayed very stable in line with a similar stability in cotton lint prices. Viscose yarn prices dramatically dec...
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BANGLADESH: Inflation in Apparel Producing Countries
Inflation continues rising in apparel producing countries with prospects of higher labor costs ahead. New demonstrations of garment workers were reported in Bangladesh while similar protests may happe...
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ITALY: Italy's Imports and Exports of Cotton Denim Fabrics in First Half 2007
Italy's imports of cotton denim fabrics recovered in the last year, reflecting a surge in shipments from Egypt while imports from other EU members were much weaker. Italy's denim exports did not fall...
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GLOBAL: Cotton Prices Surge on Fall in Global Production
Raw cotton prices are witnessing a surge owing to a fall in global production by up to 5-7% this year and greater demand. According to experts, the main reason for the fall in production is a shift by...
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PAKISTAN: Up-Coming Budget to Decide the Destiny of Textile Industry
For the past few years, the ailing textile industry of Pakistan is going through a rough phase due to hike in the prices of raw material, energy among others; however standing strong on the face of ha...
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INDIA: Domestic Market in Paucity of Cotton Despite a Production Surplus
Cotton production in the period 2007-08 reached 31.5 million bales earning India the reputation of being the second largest cotton producer in the world. However, the domestic textile sector is still...
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PAKISTAN: Government Urged to Cut Import Duty on Polyester Staple Fibre
The All Pakistan Textile Mills Association (APTMA) has strongly urged the government to reduce import duty on polyester staple fibre from the current level of 6.5 percent to zero and provide level pla...