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Sri Lanka has invited to invest in textile plants in Uganda an exporter of cotton, where the companies from the island are already building mini hydro plants, during a state visit by President Mahinda Rajapaksa.
Talks with Uganda's President Yoweri Museveni had focused on agriculture, energy and trade, Sri Lanka's president office said in a statement.
He had requested Sri Lanka help to built Uganda's textile sector, where only 5.0 percent of the country's cotton production was used domestical
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Discussions about the first global cotton futures contract have hit a roadblock in setting a new benchmark that could replace the existing century-old agreement on ICE Futures US, traders said.
Months after formal discussions began, traders are hung up on a key detail necessary to draft a new global contract: Whether to allow delivery of cotton against futures contracts in countries that produce it or those that use it.
Expanding the contract to accept fiber grown outside the United States f
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India's apparel industry is likely to grow at about 8 per cent annually and reach Rs 2,74,600 crore over the next three years, credit rating agency Care Research said today.
"The domestic apparel industry will grow at a CAGR of about 8 per cent from Rs 2,02,600 crore in FY12 to Rs 2,74,600 crore in FY16. Policy reforms, revival in economy and entry of new brands to support recovery of apparel demand in FY14," Care Research said in a report here today.
The industry grew at a CAGR of 10 per cen
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Zhonghao textile project, which costs a total investment of HK$ 150 million, has entered into machinery installation and commissioning period and has recruited employees for certain posts.
Located in the export processing zone in Jiujiang, Jiangxi Province, the project is designed for producing color-spun yarn with a capacity of 100,000 spindles in the first phase, which is expected to earn US$ 100 million by export; the second-phase project will be built at proper time and will install 40,000
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Top 10 Categories in Rising
Top 10 Categories in Falling
1. Nylon fabric
1.43%
1. Belt
-2.45%
2. Fashion fabric
1.37%
2. Cotton farbic
-2.01%
3. Fashion Lining
1.31%
3. Lining
-1.36%
4. Polyester fabric
1.18%
4. Other chemical fiber
-0.77%
5. Polyester/wool fabric
1.05%
5.Bedding
-0.64%
6. Nylon/cotton fabric
0.35%
6. Polyester/cotton fabric
-0.51%
7. Lace
0.35%
7. Viscose/wool fabric
-0.49%
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Top 10 popular fabric (2013-05-13)
Item
Width(cm)
Weight/Composition/Specification
Price(Yuan/m)
Polyester/Viscose Plain Fabric
145
T/R20s×20s、62×58
7.80
Static-free Work Cloth Fabric
148
dty300D×32s/2(t/c65/35) The whole process of light
15.60
Embroidery Dyed Fine Plain Fabric
150
T/C65/35、45s×45s、96×72
8.00
Cotton Twill Ticking
250
40s×40s、133×72 Reactive Printing
22.50
Brocade Satin
90
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According to data published by China Customs on May 9, the nation’s textile and apparel exports soared in value by 33.26% during April, compared with March and by 18.59% versus a year earlier. The cumulative value during the first four months of the year showed an increase of 16.53% compared with the corresponding period last year.
However, many local sources have questioned whether the figures paint an accurate picture of the market situation. Anecdotal evidence indicates that most Chinese
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Marks & Spencer (M&S) is piloting a workplace healthcare programme for women in at least five Cambodian garment factories.
Developed in partnership with Project HOPE, a global health education and humanitarian organisation, the Health Works programme provides opportunities for nearly 10,000 women to improve their health and that of their families.
The Health Works initiative kick-off in February and one of the first activities, adapted specifically for the Cambodian culture, was
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Leather exports grew over 4 per cent to $ 5 billion in 2012-13, despite sluggish demand in western markets like Europe.
In 2011-12, these exports stood at $ 4.8 billion, according to the data provided by the Council for Leather Exports (CLE).
"In 2012-13, leather exports touched $ 5 billion mark on account of increase in demand from the US market in the last quarter of the fiscal," CLE Regional Director (North) Sanjay Kumar said.
Besides, he said, exporters are getting good number of or
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The Government of India has constituted a state-level committee for addressing the grievances of Assam weavers. This information was given by Minister of State for Textiles Panabaaka Lakshmi in a written reply to the Lok Sabha, according to the SME Times.
The Minister informed that the officials of Assam Handlooms and Textile Department and National Handloom Development Corporation recently held a meeting to review the problems faced by the weavers in the state and also to probe into the cont