It may be yet another disappointing year for Vidarbha's farmers. Despite the estimates of cotton production the world over being lower than previous year, prices of cotton are falling due to lukewarm demand from the textile sector. The market rates are barely above the minimum support price (MSP), with reports of farmers even selling at a rate lower than MSP in certain pockets. The rates would have been much lower but for the weakening rupee, which is at over Rs 52 as against the dollar. Since

L-R: Chairman, Joint Apparel Association Forum, A Sukumaran, Chairman, SLAEA, Yohan Lawrence, Secretary to the Ministry of Industry and Commerce, Anura Siriwardena, and Outgoing SLAEA Chairman Rohan Abeykoon Demand 45.5 hour working week Request to move away from minimum wage arrangement Implementation of labour market reforms to boost productivity will be crucial for apparel industry’s survival over the long term, according to newly appointed chairman of the Sri Lanka Apparel Exporters

By the end of September, there are about 9,000 garment producers in Henan Province. Last year, local garment producers sold about 650 million pieces of garment. Zhengzhou, the capital city of Henan Province has become one of the 16 leading production bases for ladies?trousers. Responsible person from the provincial garment association said that at present, there are more than 2,000 trousers producers in Zhengzhou. A number of brands have become famous in China. Zhengzhou has become the largest

Heilongjiang Provincial Committee of Industry and Information Technology show that over the past few years, the textile industry in Heilongjiang Province in northeast China has walked out of the gloomy situation and stepped onto the track of fast development. The prime business revenue of local above-scale enterprises rose 19.1% in 2010, 43.2% in 2011 and 41.4% in the first quarter of this year. These sound achievements can be mainly explained by dramatically increased investment in fixed asse

Unit: yuan/m Collector: Jiang Jianren Item WidthCM Specification/Weight（meter） Wholesale Price：yuan/meter Centipede yarns fashion Flannelette 150 600 18．50 T/C80/20 Dyed Plain 150 45S×45S 110×76 6．50 Polyester golden fiber Curtain Screen 280 300 11．30 Nylon/polyester dyed curtain screen 280 Nylon/polyester30D×20D/35 tating 4．00 Full-size polyester printed curtain

China's leading shoemaker, Aokang Group Co., Ltd, has won a lawsuit against European Union (EU) anti-dumping measures on Chinese leather shoes, according to the company. On Sunday, Aokang received the judgement of the European Court of Justice by which the Court set aside a General Court of the EU ruling in April 2010 which dismissed Aokang's action against the EU. The Court also ordered the Council of the European Union to pay the costs incurred by Aokang Group from the lawsuits. The E

US crude oil futures rose this week end as a fire on a Gulf of Mexico platform and the escalating conflict between Israel and Palestinians stoked supply concerns. The market was already on edge after Iraq's envoy to the Arab League said it would invite Arab states to use oil as a weapon to press for a halt to Israeli attacks on Gaza. The conflict has gripped oil markets, which have been looking for any signs it could impact Middle East supplies. A news of the fire at a Black Elk platform helpe

Ethylene prices in Asian slumped on sluggish downstream polyethylene markets while upstream naphtha too was not supportive. However, Korean markets saw a price roll over. In Europe, spot ethylene prices bowed to bearish pressure, due to easing feedstock naphtha cost, poor downstream demand and competition from imported materials. In US ethylene spot price declined on weakening buying interest. Asian paraxylene markets saw limited trading activity throughout the week and prices softening a bit du

Benzene price fell in Asian markets on weaker buying sentiment as downstream demand from caprolactum market was thin and trading was mute. In US, spot benzene tumbled due to the arrival of delayed imports and weak downstream demand while European spot NWE benzene prices moved up on Friday as the market moved higher at the end of the day following firmer indications from the US Gulf coast. Caprolactum markets were range bound as downstream demand was insipid. Trading was mute amid limited enqui