Russia has imposed economic sanctions on some countries, and exporters in Pakistan should utilise this opportunity to supply more textile products to Russian markets, said Yury M Kozlov, trade representative of the Russian Federation while addressing businessmen at Faisalabad Chamber of Commerce and Industry (FCCI) recently, as per Pakistani media reports. Kozlov said that after the signing of the $2 billion gas pipeline project from Karachi to Lahore, over 50 Russian companies are looking fo

The arrival of cotton at ginneries in Pakistan by January 1, 2016, is down 33.5 per cent year-on-year, according to the fortnightly report on cotton arrivals, prepared by the Pakistan Cotton Ginners' Association (PCGA), in joint cooperation with All Pakistan textile Mills Association (APTMA) and the Karachi Cotton Association (KCA). As on January 1, 2016, ginneries in Pakistan received 9.279 million bales of cotton, compared to arrival of 13.958 million bales during the corresponding period

Laleli, located in Istanbul famous for clothing exports has lots of stores which are mostly textile stores where very high quality and cheap price textile are found. Due to decline in the rouble’s value in the past year, the traders had already lost 60 percent of the revenue. Not only that the slump made Turkish goods more expensive for Russian buyer, said the head of Laleli Industry and Business Association, Giyasettin Eyyupkoca. Moreover, the Turkey-Russia tensions since November accounted

Textile mills and traders in north and south India buying cotton from Gujarat forced to import cotton over the increasing adulteration, the usual rate of adulteration of 10-15 percent has climbed to 40 per cent this year. Increase in cotton adulteration is also seen in Maharashtra. According to Arvind Pan, vice-president of the Saurashtra Ginners’ Association (SGA), ginners are losing Rs 500-700 per bale of raw cotton. Many ginners are mixing lower quality cotton with higher quality cotton to

Jute goods exports have logged almost flat growth from 2010-11 (0.19 million tonne) to 2013-14 (0.21 million tonne). However, jute goods exports declined sharply in 2014-15 to 0.15 million tonne, a fall of 27 %. Manish Poddar, chairman, Indian Jute Mills Association (IJMA) said that the rising prices of jute goods has both a short-term and long-term impact on the export market. While exports may not be impacted in a big way in value terms, the decline would be felt in volume terms. They have

According to a CEPEA report, Brazilian cotton prices were predominantly increasing and recovering in 2015 from a significant decrease in 2014 and in the first quarter of 2015. “What was driving this increase were the decrease in the Brazilian 2014/15 crop and higher exports parity,” it explained. International sales were favoured by the significant increase of 50.7 per cent in the export parity in 2015, underpinned by the strong dollar valuation against the Real. “Besides, many exports

The Ministry of Textiles and Ministry of Commerce have approved the funding under Market Access Initiative for the proposed buyer-seller meet (BSM) to be organized by the Apparel Export Promotion Council (AEPC) in Uruguay and Chile with 25 exhibitors at each venue, a council release said. The BSM is being organized after taking into account the huge potential for export of readymade garments from India, the council noted. AEPC has tied-up with the Santiago Chamber of Commerce in Chile fo

Texworld Paris trade fair for professionals from the fashion industry will be taking place next month in February 2016 which is divided into more distinct sections with a new concept, that will provide visitors a clearer, better proportioned offering. One of the main attractions of a visit to Texworld Paris is the range of associated Texworld trade fairs, taking place at the same venue on the same dates, organizers report. These include Apparel Sourcing Paris, Avanprint Paris, Avantex Paris and

The country has produced 9.279m bales so far this season, a shortfall of 33.5 per cent compared to 13.958m bales during the same period last year, according to official figures released by the Pakistan Cotton Ginners’ Association on Monday. As phutti (seed cotton) arrivals during the outgoing fortnight (Dec 15 to Jan 1) dismally remained low, cotton analyst Naseem Usman believes that the country is not going to produce more than 9.7m bales this season, significantly lower than last season’s

In order to take the complete benefit of Trans-pacific Partnership Pact (TPP), a free trade agreement involving 12 nations, Vietnam should work upon the textile and apparel segment in particular, according to Ngo Chung Khanh, deputy head of the Multilateral Trade Policy Department, Ministry of Industry and Trade, Vietnam. The textile and garment industry is the biggest strength of Vietnam, he said while speaking at a workshop in the Ho Chi Minh City. The Vietnamese textile and garment sector