Quotations for purified terephthalic acid (PTA) in eastern China declined moderately last week, despite the price of paraxlyene remaining high. The price softness was attributable to a sluggish demand from polyester producers, which is creating some upward pressure on stocks of PTA, with only around 70% of output currently being sold on average, according to local estimates. Mono ethylene glycol (MEG) spot rates also presented an easy appearance, in face of similar market dynamics. Polyester

Perhaps the salient feature of the week in cotton trading was the start of state reserve auctions in China on January 14. A total of 318,067 tonnes was offered during the first 5 days, of which 174,346 tonnes were sold, representing a take-up rate of only 55%. No indication was forthcoming regarding the total volume from the reserves that would be sold at this series of auctions. In addition, reports suggested no additional import quota had been made available to those purchasing at the auction,

Cariaggi Fine Yarns Collection has reported a 13.2% increase in turnover in 2012 to reach ?100.5m. The Italian company now plans to invest approximately ?2.5m in innovation during 2013. “Our ongoing commitment and investments have helped us continue to grow and expand abroad,” explains Piergiorgio Cariaggi, CEO of Cariaggi. “In 2012, 66% of our turnover came from Italy, with 34% from foreign markets. The figure has grown since 2011, when foreign sales accounted for 28% of turnover, and we ex

A. The summary on the recent fabrics market Recently, market sales in China Textile City increased partially, and orders of spring fabric increased in some degree. Some marketable creative fabric in fabric companies with shop in front and factory behind kept selling well, and foreign orders of qualified creative fabric rebounded partially. While turnover of general winter fabrics dropped day by day, and fabric spot transaction is not enough. B. The analysis on the main price index of t

Top 10 Categories in Rising Top 10 Categories in Falling 1、Fashion Fabric 1.85% 1、Nylon Fabric -2.1% 2、Cotton Fabric 1.32% 2、Apparel Lining -2.04% 3、Polyester Fabric 1.28% 3、Nylon/Cotton Fabric -1.46% 4、Lining 1.16% 4、Household Textile -1.28% 5、Other Chemical Fibers 1.02% 5、Bedding -1.14% 6、Polyester/Wool Fabric 0.84% 6、Natural

Width CM Width CM Specification/Weight（meter） Wholesale Price：yuan/meter Steaming press polish colored-yarn cotton ramie 150 420 11．50 Cotton Pad-dyed poplin 150 40S×40S 133×72 9．60 Cotton Pad-dyed Drill 150 10S×7S 108×56 14．60 Wool/Polyester over coating 150 600 15．00 Wool/Polyester over coating 150 580 28．80 Cotton Pad-dyed faille 150 20S×20S

Suman Saha The leather industry aims to cross the $1-billion mark in export earnings this fiscal year as the sector is witnessing a robust demand for leather and leather goods in the global market. The manufacturers said they will reach the export target at $1.04 billion set by the government for this year. Their earnings fell short by only 3.58 percent of the last year's target at $792.34 million. The industry earned $451 million by exporting leather, leather products and footwear

The recent tragic fire incident at Tazreen Fashions Limited at Ashulia near Dhaka has not only exposed poor safety standards but also uncovered chinks in the supply chain, according to a report by Anbarasan Ethirajan of BBC News. The report said: 'Industry insiders say suppliers or middlemen for top international brands sometime source their clothes from factories which produce at cheaper costs, probably without the knowledge of the buyers. 'A risk associated with this is that these factorie

An employee of Hai Phong Garment and Import-Export Company at work. — VNA/VNS Photo Tran Viet With export turnover expected to grow 12 per cent this year, the textile and garment sector will create an additional 200,000 jobs. The sector targets a turnover of US$19 billion this year, according to the deputy general director of the Viet Nam National Textile and Garment Group (Vinatex) Le Tien Truong He was quoted as saying by Lao Dong (Labour) newspaper that for every $1billion in turnover