The Trans-Pacific agreement being negotiated by the U.S. could give authorization for Vietnam to obtain thread from China and export textiles duty-free to the North American nation. The Ambassador of El Salvador inthe U.S., Ruben Zamora, has already raised concerns with officials from the U.S. trade office (USTR). Zamora affirmed that representatives from textile companies have visited the U.S. and plan to make more visits in order to draw attention to the situation reports LatinAmericaData.

Textile mills in Lahore region will get hourly-based gas supply from Friday onward to continue with 24/7 operations of production capacities. As per the policy mutually devised by the All Pakistan Textile Mills Association (APTMA) and the SNGPL, the mills will utilise gas supply during 10-hours per day load shedding of electricity instead of utilising it for three continuous days a week (ie 72 hours) under the previous gas load management plan. It is a win-win situation under the prevailing en

ICE cotton was little changed and range-bound on Wednesday, supported by a sense of tightening US supplies but capped as signs of slowing economic growth in China stirred worry of reduced demand from the world's top textile market. The benchmark December cotton contract on ICE Futures US closed up 0.07 cent, or 0.08 percent, at 85.74 cents a lb. Prices were underpinned by a sense that US supplies may be tight in the new crop year that begins on August 1 as exchange stocks fell to a more than f

Data from the General Administration of the Customs show that China exported US$ 51.2 billion worth of textile yarn, fabric and made-up goods in January-June of this year, up 10.1% year-on-year. The export of garment and accessories totaled US$ 76.1 billion, up 13.4%. The export of textile yarn, fabric and made-up goods in June amounted to US$ 9.2 billion and the export of garment and accessories amounted to US$ 14.9 billion. In the first half of this year, China imported 180,000 tons of texti

Australia is aiming to transform its manufacturing industries with a new AUD $103m (US $94.5m) Australian Future Fibres Research and Innovation Centre (AFFRIC) in Geelong. The Fibre Processing and Carbon Nexus buildings opened last week and received $38m (US$34.8m) in funding from the Australian Government. Innovation Minister Senator Kim Carr said: “The applications for advanced fibre manufacturing and the benefits to the Geelong economy and Australia are immense. New generation fibres, like

The garment industry, Cambodia's largest income earner, reported 2.51 billion US dollars in export value in the first six months of this year, a 19.5 percent rise from $2.1 billion over the same period last year, the figures of the Commerce Ministry showed Wednesday. Cambodian apparels are mostly sold to the United States and European countries, with some to Canada, Japan, South Korea and China. The figures said that from January to June this year, the garment exports to the United States we

Hong Kong and China will operate garment enterprises under Cutting, Making and Packing –CMP system at industrial zones in Yangon, the commercial hub of Myanmar, according to the Directorate of Investment and Companies Administration-DICA. China-based Shanghai Donglong Feather Manufacture Company has cooperated with Dong Long (Myanmar) Garment company to carry out garment enterprises at Hlaingthayar Industrial Zone-4, Jiangsu Solamoda Garments Group at Shwe Than Lwin Industrial Zone in Hlaingth

The interest rates on loan for small scale sectors like handicraft and handloom should be reduced to enable them grow faster, Textiles Minister Kavuru Sambasiva Rao said here today. "The interest rate on small sectors of Textiles specially handicraft, handloom and cotton related agriculture should be reduced", he said after laying the foundation stone of Handicraft Productivity Centre to be built near Jaipur. Textile industry should be taken as priority sector as it was related to farmers gr

To deal with farmer distress and mill owner woes when a cotton crop fails, the textile ministry proposes to create a dedicated cotton price stabilisation fund. Textile minister K S Rao said, “The proposal will go before cabinet next month.” A part of the earnings from cotton exports will be used to create the fund corpus, which will be leveraged to pay the difference in prices in adverse times. The details were still being worked out, he told Financial Chronicle. India produces 34-35 million

China's cotton textile industry is facing difficult challenges, as sales have been poor amid the weak recovery of the international market, as well as domestic factors. The Fujian Hongyuan Group, located in southeast China's Fujian Province, is the largest cotton textile enterprise in the province, with an annual output value of 1 billion yuan (163 million US dollars). "Cotton textile sales have not been desirable so far this year, especially those of foreign trade enterprises," said Chen Ca