-
INDIA: India's Textile Exports Stitched-Up by Weak Dollar
India's textile and clothing manufacturers - a vital component of the country's economy - have launched an aggressive "Made in India" marketing push in the Middle East as they battle the impact of the...
-
USA: Cotton Market Fundamentals Continue to Look Bearish
Cotton traded in a similar trading range as we continue to find strong resistance near 72 cents. Volume was light with only 12,000 futures and 6,000 options as we are unable to breakout of the trading...
-
EGYPT: Egypt Textile Stocks Lead Egyptian Market Higher
The Egyptian traders reported Egyptian stocks inched higher on Sunday led by gains in the textile sector after the market shrugged off any potential effects of a thwarted labor strike in the Nile Delt...
-
INDIA: Decline in Manufacturing of Cotton Textiles
Concerns were raised by CII Manufacturing Council with respect to the growth rates of manufacturing. According to IIP figures released, the growth for the manufacturing has declined to 8.3% from 12.5%...
-
EGYPT: With the cost of 80 Million Egyptian Pounds, A Factory for Home Furnishing
Currently preparations are underway to establish a factory for dying, setting up, and printing home furnishing with an estimated investment cost of about LE 80 Million. Mr. Hamada El-Kalyobi, Presiden...
-
PAKISTAN: Steady Condition Continues on Cotton Market
With decreasing ready stocks of cotton from the current crop (2007-08) remaining unsold with the ginners and the forthcoming season (2008-09) still several months away before it can provide sizeable s...
-
EGYPT: Graduation of a New Group of Young Designers of Ready Made Garments
Next Wednesday, Eng. Rashid Mohamed Rashid, Minister of Trade and Industry, will witness the graduation party of a new group of 50 trainees in the arts of fashion and design from the Egyptian Italian...
-
AUSTRALIA: Australia's Cotton Output may soar to 1.5 million bales
Australia's cotton output will almost triple next year as farmers expand their fields, which have received beneficial rains, the U.S. Agriculture Department said. Production may soar to 1.5 million ba...
-
CHINA: Cotton Imports Seen Lower as Textile Industry Stagnates
China will import a smaller quantity of cotton during the sector's fiscal year 2007, which ends in August, an industry official said on Wednesday. Cotton imports will fall because the stagnant textile...
-
Establishing a National Authority for Yarn, Textile, and Clothes (EGYPT)
Chamber of Textile Industries presented a comprehensive study on the establishment of a national authority for textile in order to increase the export size of clothing and textile sector to USD 10 bil...
-
Cotton Imports to Decline for Ongoing Fiscal Year (CHINA)
Imports of cotton by China are likely to decline during the fiscal year 2007 which ends in August 2008. This is largely because the stagnant textile industry of the country will require lesser yarn an...
-
Economy Minister Paints Mixed Picture (Istanbul)
Turkey's real gross domestic product (GDP) can grow by 6 percent a year in the next 10 years, the state minister for economy said in Istanbul yesterday. Speaking at the Financial Times Turkey Capital...
-
Cotton Market Struggles to Find Direction (USA)
Cotton has been trading sideways the last several sessions as the market is struggling to find direction. The grains are also bouncing back and forth in a narrow range and giving little direction to c...
-
Government Seizes Illegally Imported Apparels (Mexico)
The Attorney Generals office along with office of Public Security and government of Guanajuato confiscated nearly 120 tons of garments. The garments were seized on the presumption that they were illeg...
-
Turkey Looking for New Business Partners
The drop in consumer demand in Continental Europe due to the current economic slowdown is motivating Turkey to look for business partners, Ayegül Arcan, business council coordinator at Foreign Economi...
-
Bossa Challenges Giants in Organic Textiles
Bossa, one of Turkey's biggest integrated textile enterprises, is becoming more ambitious as the threat of global warming increases the demand for organic and ecological products. Restructuring itself...
-
Textile Sector Receives Rs176 bn Under EFS
The State Bank of Pakistan and commercial banks have provided a sum of Rs 273 billion under the Export Refinance Scheme (EFS) to all eligible export-oriented sectors during the first three quarters of...
-
Cotton Trades Lower
Cotton traded lower today on light volume as the market is looking for some more information to build a case for where the market should go in the short term. Fundamentally, business has picked up but...
-
Nylon and Caprolactam Market Prices in China
Nylon prices again declined in the last weeks in China, being depressed by a low level in demand from the textile industry. Caprolactam market prices are also decreasing but remain above US$2,500 on t...
-
Bangladesh Tries to Impose Minimum Apparel Prices
As a clear sign that clothing prices could no more decline in the future, Bangladeshi knit apparel producers announced they will set minimum prices from June 1st, being forced to raise wages of garmen...