China’s plan to sell raw cotton cheap in the domestic market to cut down its inventories may hit exports from the country. With massive reserves to offload, allocation of import quota by the country has become uncertain. China could cut the base selling price of 18,000 yuan/tonne ( Rs. 1.84 lakh) of cotton by about five per cent to spur purchases, according to trade sources. This may diminish the arbitrage advantage offered by Indian imports. Now, Indian raw cotton is available for Chin

International textile and readymade garment brands are increasingly taking interest in investing in Bangladesh, which clearly indicates the potential of the country’s clothing industry, said Bangladesh Textile Mills Association (BTMA) president Jahangir Alamin during a press conference held prior to the 11th Dhaka International Textile and Garments Machinery Exhibition, DTG 2014, which has opened at the Bangabandhu International Conference Centre (BICC) in the capital city of Dhaka. Mr. Alami

India is outpacing Pakistan when it comes to filling the void created in the global textile market due to an increase in the cost of Chinese products. India has 26 operational integrated textile parks out of 50 planned parks, while Pakistan has only planned two garment cities which are still under construction. “After losing the edge in basic textiles, China is also opting out of low value added garments and knitwear as increased labour costs has made these products commercially unviable,

Turkey’s textile and raw materials exports during the month of January 2014 totaled to US$ 769.21 million, recording a rise of 12.8 percent compared to the same month in 2013, as per the latest data released by the Turkey Exporters Assembly (TIM). According to the January 2013 Export Data Report of TIM, Turkey exported textiles and raw materials worth US$ 769.21 million during January, compared to the US$ 682.15 million exports of textiles and raw materials during the same month last year.

The Woolmark Company will return to Première Vision, Paris, February 18-20, showcasing the latest trends and innovations in Merino wool, highlighting the fibre's natural versatility and benefits. The global authority on wool can be found at Stand J84 in Hall 5, and will present The Wool Lab Spring/Summer 2015 along with the latest in Cool Wool fabrics from its Cool Wool campaign. The Wool Lab is a seasonal guide to the most interesting trends and best wool fabrics and yarns, with the latest o

Turkey exported socks worth US$ 1.1 billion during last year, indicating a rise of 16 percent compared to 2012, as per the data released by the Istanbul Textile and Apparel Exporters Association (ITKIB). According to the ITKIB data, in 2013 turkey exported a total of 1.4 billion pairs of socks as opposed to the 1.2 billion pairs exported in 2012, registering a rise of 10.5 percent year-on-year. The UK remained the main destination for exports of socks from Turkey with the country exporting

China's purchasing managers' index for the manufacturing sector dropped to a six-month low of 50.5 percent in January, according to official data released on Saturday. January continued December's decline and indicated the lowest factory activity since August while marking the 16th straight month above the boom-bust line, according to a statement jointly released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing. In January, the sub-index for produ

A worker airs silk yarn at a workshop of High Fashion Silk Co Ltd in Xinchang, Zhejiang province. The facility is the only National Silk Product Development Base approved by the China National Textile Development Center. Provided to China Daily High Fashion Silk (Zhejiang) Co Ltd, a leading global woven silk and knitting fabric producer, plans to transform itself from a traditional manufacturer into a more creative enterprise producing higher value-added items, its chairman said. "Our focu

Exports of leather and footwear from Vietnam touched US$ 10.3 billion during 2013, indicating an increase of 18 percent compared to 2012, as per the data released by Viet Nam Leather and Footwear Association (LEFASO). According to the LEFASO data, of the total $10.3 billion exports, footwear exports amounted to $8.4 billion showing a rise of 15 percent compared to 2012, whereas exports of leather handbags and suitcases touched $1.9 billion, indicating a surge of 26 percent year-on-year. Th

The United States imported textiles and apparel worth US$ 104.724 billion in 2013, registering an increase of 3.76 percent over imports of $100.931 billion made in 2012, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. With $41.673 billion worth of goods supply, China accounted for 39.79 percent share of all US textile and garment imports last year. Vietnam, India, Indonesia and Bangladesh were among the top five suppliers of textiles and clothing