The 2013/14 U.S. cotton estimates include lower production and ending stocks compared with last month. Production is reduced 320,000 bales to 12.9 million based on USDA’s final Cotton Ginnings report, released March 25. Domestic mill use and exports are unchanged. Ending stocks are reduced to 2.5 million bales, which is the smallest stock level since 1990/91. The stocks-to-use ratio of 17.5 percent is the smallest since 2010/11. The marketing-year average price received by producers is now f

Spun yarn exports were unable to maintain its strength seen in January as they grew just 3.7 per cent in February as against 21 per cent clocked in the previous month. About 117 million kg of spun yarns were exported worth US$390 million or Rs 2,425 crore during February. In terms of growth, volumes were up 7.4 per cent while US$ value increased 3.7 per cent implying a fall in unit price realization, as the Rupee depreciated 16 per cent against the US$ in the comparable months. Overall unit pric

The exports of textile, apparel and leather fetched 1,119.8 million dinars in the first two months of 2014 for the North African country of Tunisia, according to the data from the National Institute of Statistics (INS). The exports in January-February 2014 period were 2.94 percent more than exports worth 1,087.8 million dinars made during the corresponding months of last year, according to the data. In 2013, Tunisian textile, garment and leather sector earned 6,227.2 million dinars in expo

Spain’s Jeanologia and its Vietnamese partner Phong Phu International Joint Stock Company have an ambitious plan to transform Vietnam into a global market leader in the production of high-quality environmentally friendly jeans, radio The Voice of Vietnam (VOV) reported. Enrique Silla, President of Jeanologia- a Spain jean producer has said that Vietnamese products, especially jeans and knitted items, are finding their niche in the global marketplace and are emerging as a strong competitive ri

Vinatex is planning to grow cotton in the province of Quang Binh for its spinning mills.— Photo xahoi.com.vn Viet Nam National Textile Garment Group (Vinatex) will invest VND4.8 trillion (US$228.5 million) in three projects in the central province of Quang Binh. According to information published on Vinatex's website, the projects that were granted licences were a fibre plant and a garment factory in Quang Phuc Ward, Ba Don Town and a garment factory in the Gia Ninh Commune, Quang Ninh Di

The imports of apparel by the United States from Vietnam increased by 14.02 percent year-on-year to US$ 1.514 billion during the first two months of 2014, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. On the other hand, the US apparel imports from China, the main supplier, declined by 3.72 percent year-on-year to $4.684 billion during January-February 2014, the data showed. Bangladesh, the world’s second largest garment exporter, also saw its s

In the aftermath of latest record apparel earnings, Sri Lanka is now entertaining bigger apparel dreams.“Our internationally recognised apparel sector has shown strong performance, and has earned revenues of $ 4.3 billion in 2013. President Mahinda Rajapaksa now wants us to be among the world’s top 10 apparel export countries by 2020,”said Minister of Industry and Commerce Rishad Bathiudeen on 21 March. Minister Bathiudeen was addressing the inauguration event of the newly established Leather

Apparel export from Bangladesh to the United States said to have declined significantly for factory safety issues following the Rana Plaza collapse. Export from Bangladesh, the country ranked number three for apparel export to the US, dropped by more than 10%, research portal Just-Style reported. Though February is said to be historically the slowest month for apparel import in the US, “the decline from Bangladesh is perhaps most worrying.”Citing import data from US Office of Textiles and App

Garment manufacturing companies in Thailand are producing uniforms for ten football teams competing in the 2014 FIFA World Cup that is scheduled to begin on June 12 in Brazil, Thailand’s Department of International Trade Promotion (DTIP) has revealed, reports National News Bureau of Thailand. Sportswear giants Nike and Adidas have selected Thailand as one of their suppliers of team outfits for the World Cup, DITP director-general Nantawan Sakuntanaga said. Four Thai firms—Nice Group, Hong

Ministry of Industry and Trade statistics show last year’s Vietnamese garment and textile exports to the US realised US$8.6 billion, up 14.2% from the previous year. Especially, the US remains Vietnam’s largest export market for such items as footwear, handbags and suitcases with a total export turnover of US$3.46 billion, making up 33.6% of the sector’s total revenue. The US is a highly lucrative export market for Vietnam businesses, said President of Sourcing at Magic, Chris Griffin wh