-
According to provisional figures released from the China General Administration of Customs, January-June 2013 exports of textiles and apparel increased by 12.1% year-on-year to US$127,210 million. The growth was 10.5 percentage points greater than the year before, and the last time a double-digit growth was marked in the first half was two years ago.
Exports of textiles rose by 10.1% to US$51,160 million, and those of apparel grew by 13.5% to US$76,050 million.
June exports of textiles and a
-
China's crude oil imports from Iran were about 384,980 barrels per day in June, down 39 percent versus the same month a year ago, and down 31 percent from May, Chinese customs data showed on Monday.
For the first six months of the year, Chinese imports of Iranian crude were about 424,183 bpd, down 1.9 percent versus the same year-ago period, the data showed.
China's crude purchases from Tehran in the first half of last year fell nearly 21 percent from the same period in 2011 because of a con
-
China's crude oil output rose slightly year on year in the first half of 2013, according to data released by the country's top economic planner.
The National Development and Reform Commission (NDRC) said in a statement that crude oil production stood at 103.31 million tonnes in the first six months, up 3.2 percent from the same period last year, reported Xinhua.
The country refined 217.46 million tonnes of crude oil during the first half, up 6.6 percent year on year, while refined oil produc
-
The latest U.S. Department of Agriculture (USDA) projections indicate that world 2013/14 cotton production is forecast at 118.0 million bales, a 3-percent decrease from a year ago due to less favorable market conditions. Production decreases in major cotton growers such as China and the United States are expected to more than offset increases in others such as Brazil and India.
Brazil is forecast to produce 7.0 million bales in 2013/14, up 21 percent from a year earlier. India and Pakistan
-
The Chinese textile industry as a whole needs to upgrade completely, said participants at the China Cotton and Textile Industry Development Forum held in New York.
China has witnessed rapid economic development over the last 30 years, which has improved people’s standard of living, said Lei Zhaohui, deputy general manager of Hebei Shengyuan Textile Co. Ltd.
As a result, Chinese textile enterprises are facing problems of high labour costs, while the costs of raw material and energy have
-
Despite the country's overall exports falling 4.56 percent in June-2013, the apparel exports have increased over 12 percent to USD 1240 million in June, informed the chairman of apex apparel export body in New Delhi.
"Apparel exports touched of USD 1240 million in June 2013-14 with increase of 12.13 percent against the corresponding month of last financial year," Chairman AEPC, Dr. A Sakthivel told media on the sidelines of the 51st India international Garment Fair (IIGF) - 2014 opens up in Ne
-
Apparel maker Eclat Textile Co yesterday said sales should pick up sequentially in the second half of the year as the company starts delivery of winter sportswear.
“Revenues are expected to increase year-on-year in the second half because winter products have higher average selling prices,” vice president Roger Lo said by telephone.
The company’s positive outlook came after it resumed taking orders from Canada-based Lululemon Athletica Inc in May, as well as winning other new clients.
Sale
-
Oil production in Saudi Arabia, the world's largest exporter of crude, rose to 9.657 million barrels a day in May, compared with 9.31 million barrels a day a month earlier, while exports edged 4.6% higher during the same period, official data showed Wednesday.
The kingdom exported 7.789 million barrels a day of crude oil and condensate in May, up from 7.444 million barrels a day in April, according to figures posted on the Joint Organization Data Initiative, or JODI, website.
JODI is sup
-
A Chinese textile industry official says it will "work very hard" in the next four years to clean up its messes.
The industry will strive to "create a green environment" that will permit sustainable growth, Zhang Yankai, vice-president of the China National Textile and Apparel Council, told China Daily at a major textile and apparel show in New York City on Tuesday.
"In the next four years, we are going to work very hard to create a green environment so (the industry) continues growth in the
-
A woman works in a textile factory in suburban Ashgabat in June. Turkmenistan is developing its textile industry. [Dzhumaguly Annayev]
Turkmenistan, where the textile industry holds a place of honour along with the oil and gas industries, plans to open three cotton-spinning factories in Kunya-Urgench, Turkmenabat and Seydi.
These factories will provide more than 1,500 jobs, according to the ministry.
"Their total capacity will be 14,000 tonnes of cotton yarn per annum, and the Turkish fir