A Handloom Cluster Project worth Rs 9 crore has been sent for approval to the Government of India, which would give a fillip to handloom and handicraft activities in the State. This was disclosed by Industries Minister Shri Mukesh Agnihotri, while presiding over the meeting of the Board of Directors of Himachal Pradesh State Handloom and Handicraft Corporation last evening. While reviewing the progress of the Corporation Agnihotri said that the Corporation till 25th of this month has registere

Hosiery manufacturers in Tirupur cluster have urged the Union Government to streamline the purchase and sale of cotton that could benefit growers, sellers and users of cotton within the country. South India Hosiery Manufacturers Association (SIHMA) president A.C. Eswaran, in a representation to the Union Textiles Minister, K.S. Rao, had highlighted the difficulties faced by the apparel industry in the last two years due to the fluctuating prices of cotton. “Sudden variation in the cotton pri

The second phase of Kavian petrochemical complex will come online this year, director of the production division at the National Petrochemical Company (NPC) Ali Bossaghzadeh said. Bossaghzadeh said that the main units of the complex are under the final tests stating that the second phase will be launched primarily in the mid-year and its units will start operations gradually. According to the NPC official, the first phase is operating with a satisfactory capacity and it is hoped the amount o

To implement the "Going Out" strategy mentioned in China's Twelfth Five Year Plan, the China National Textile and Apparel Council organized a conference, on Friday, in Beijing. The officials from the relevant government departments, financial institutions and professional associations in the textile and apparel industry explained the policies related to the "Going Out" strategy. The representatives from enterprises in the industry also shared their experience about how they achieve their longs

Top 10 Categories in Rising Top 10 Categories in Falling 1.Lining 1.71% 1.Fashion Fabric -1.49% 2.Thread & Rope 1.55% 2.Household Textile -1.23% 3.Bedding 0.94% 3.Blended -1.00% 4.Chemical Fiber Grey Cloth 0.57% 4.Cotton Fabric -0.86% 5.Other Chemical Fibers 0.56% 5.Natural Fiber Grey Cloth -0.58% 6.Apparel Lining 0.55% 6.Viscose Fabric -0.43% 7.Belt 0.51% 7.Polyester/Wool Fabric -0.26%

Top 10 popular fabric (2013-07-01) Item Width(cm) Weight/Composition/Specification Price(Yuan/m) Satin crinkle 150 FDY50D 7.50 Solubility lace any Cotton 3.5 cm(yuan/yard) 3.50 Double-sided dacron drill 148 21s×21s(t/c80/20)、126×54 9.50 Fine-thread Polyamide polyester 150 230T 、170g 8.00 Printed chiffon ramie 150 100Dfdy×100Dfdy 6.60 Wool-like thin serge 150 t/r80/20、30s×30s

Textile Raw Material Price 2013-07-01 Item Price Unit Fluctuation Date Oil WTI 95.17 USD/Barrel -0.39 2013-07-01 PX 1412 USD/Ton 2 2013-07-01 PTA Buy 7630 RMB/Ton -10 2013-07-01 PTA Sell 1055 USD/Ton 5 2013-07-01 MEG Buy 7130 RMB/Ton 20 2013-07-01 MEG Sell 948 USD/Ton -2 2013-07-01 CPL Buy 18300 RMB/Ton 0 2013-07-01 CPL Sell 2370 USD/Ton 0

Nike reported fiscal 2013 financial results for its fourth quarter and full year ended May 31, 2013. For continuing operations, strong demand for Nike brands drove fourth quarter revenue to 6.7 billion dollars, up 7 percent, or 9 percent on a currency neutral basis. Fourth quarter diluted EPS from continuing operations grew faster than revenue, up 27 percent, mainly as a result of gross margin expansion, a lower effective tax rate and a lower average share count. Fiscal 2013 revenues from conti

Over the past decade, Chinese textile and clothing companies have sought to supplement their revenues by investing in land and property. The boom in housing prices has contrasted in recent years with an increasingly challenging market climate for textiles and clothing, with rising production costs undermining profitability. According to China Textile Council, 31 of the top 50 companies in the textiles and clothing sector since 2005 have derived a least a portion of their income from investment i

The United States has no plans to restrict clothing imports from Bangladesh to put additional pressure on that country to improve safety conditions for workers, the top U.S. trade official said Thursday. US Trade Representative Mike Froman told reporters he hoped that suspending U.S. trade benefits on a number of non-textile goods would be enough to encourage the Bangladeshi government to make needed reforms. — Source: Reuters