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Chinese Yuan Appreciation Lowering Cost of Imported Cotton

The continued appreciation of the Chinese yuan against the U.S. dollar is increasing the competitiveness of imported cotton -- since July 2005, the yuan has appreciated 10.48 percent against the U.S. dollar. China has indicated that it will allow the yuan to appreciate more ...

Textile Sector Gets 5% of $5b Investment

LAHORE: There has been very little investment in the value added textile sector as compared to other sectors of textile industry during last five years, although the value added textile exports registered 61 percent increase in this period, official data reveals. Both the ...

South Africa Lauds China Textile Exports Cuts

The South African clothing and textile industry has responded favorably to an announcement that China is to voluntarily reduce its clothing and textile exports to South Africa, according to local Business Day on Monday. A reduction in Chinese imports would help revive the ...

Textile Industry to Enter Restructuring Period

The 11th five-year period (2006-2010) for China's economic and social development will be an important period for the restructuring and adjustment of China's textile industry, the International Business News reported. Regulating the textile trade order and industrial regrouping ...

Hong Kong: Interstoff Asia Offers Future Themes of Apparel Fabric Trends

The Interstoff Asia Directions trend committee will present its apparel fabric trends forecast for Spring/Summer 2007 at Interstoff Asia Spring to be held from 22 ?24 March 2006 at the Hong Kong Convention & Exhibition Centre. The apparel fabric trends provide designers and ...

Japan Denim Exports Declined in Second Half

Japanese Denim Exports continued to decline into the second half of 2005. Shipments in November were poor overall despite slightly lower prices. Supplies to major markets such as Hong Kong and the US fall and sales to Vietnam and Italy are also weaker although China increased ...

Australia: Wool Market Ends on Positive Note

The Australian Wool Market finished this week on a positive note with prices 3.8 percent higher, on average, at sales in Sydney, Melbourne and Fremantle, making a total upward movement or 5.9 percent over the last two weeks. The AWEX EMI increased by 24?(+3.7 percent), ending the ...

Brazil: Leather Exports Up 16 % in Dec 2005

Confederation of Brazilian Hides and Skins Industries (CICB) reported that Brazil? leather exports generated sales worth $131.9 million in December 2005, up 16 percent, compared to sales of $113.8 million during the year before. Brazilian leather exports for the year 2005, ...

Key Chance to Build Up Textile Industry

With the United States and European Union holding fast to tariffs on mainland textiles and clothing until the end of 2008, Hong Kong has a "golden opportunity" to redevelop its local industry and boost employment, the government's top labor chief told lawmakers. Matthew Cheung, ...

Pakistan: Cotton Prices Remain Stable at KCA

Cotton prices are steady at KCA with the spot rate Rs2475 per maund. Total arrivals of cotton bales as on January 15, 2006 are 11,660,748, in which Punjab has a large share of 9,249,916 and from Sindh it was 2,410,832. From the total arrivals, exporters from Punjab purchased 11...

Turkish Textile Cries out for Help

The Turkish textile industry has seen a slow down its activities as the cheaper labor force and energy costs in China and India, along with high value of New Turkish Lira (YTL) negatively impact the local market. One of the premier firms in the Turkish city of Bursa, Sonmez ...

Xinjiang Ginners Offer ELS Cotton at Lower Prices

A continued weaker tone is being noted in Xinjiang’s local prices. Late this week, Xinjiang ginners further cut prices in order to stimulate offtake. T229 prices are now offered at 14,000 yuan per ton, which is down from 14,100 yuan earlier in the week. T328 offering prices are ...

China : Consumer prefer to purchase wrinkle free shirts

These days consumers prefer the natural, soft, comfortable and breathable pure cotton shirts especially which can be easily washed and are wrinkle free. In an open survey in Shanghai, it is revealed that consumers of pure cotton shirts care about their image. Over 30 percent iron ...

China opposes US probe into import ruling

China strongly opposes the United States’ preliminary ruling on dual investigations into steel tubes and woven sacks imported from China, a spokesman with the Ministry of Commerce (MOFCOM) said on Tuesday. The US Department of Commerce ruled on November 27 that Chinese companies ...

Hong Kong : Special shoes to protect elephant feet

The GORE-TEX Hong Kong team came to the rescue of two of Singapore Zoo's Asian elephants in need of special footwear. The intensive year-long effort by the zoo and W. L. Gore & Associates, creators of the legendary GORE-TEX fabric, recently culminated in the elephants being ...

USA: Textile Production Rises after Quotas on China

As Chinese textile and apparel imports have been restricted, US production seems to be increased in 2005 for the first time in ten years, according to a data. Before quotas era, US textile and apparel industries have been struggling for decades. The industry has lost more than ...

China Agrees to Limit Textile Exports to Brazil

China agreed to limit textile exports to Brazil, where the government says the products are threatening local industry. The two countries will sign an agreement tomorrow, the Brazilian Trade Ministry said. The accord, to be signed in Beijing between Brazil's Trade Secretary Ivan ...

New Initiatives to Help Singapore Textile Industry Boost Exports

SINGAPORE: The Singapore textile and fashion industry will get a fresh boost from new government initiatives expected over the next three years. The projects will help the industry generate an additional S$400 million in revenue and create an additional S$105 million in value add...

TCP Barred from Offering Cotton to Textile Industry

ISLAMABAD: The Trading Corporation of Pakistan has been barred from offering its cotton stock to the local textile industry at least in February when the growers are yet to dispose of their fresh crop. Sources said the decision to this effect was taken at a meeting here early ...

Entrepreneurs Urged to Invest in Textile Sector

Minister for Textile and Jute Shajahan Siraj yesterday called upon both local and foreign entrepreneurs to invest in the country's textile industry, particularly in woven sub-sector, to face the challenges of quota-free global market. "We'll have to develop the woven sub-sector ...
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