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  • While the Government of India has imposed anti-dumping duty on all segments of synthetic yarn including nylon, polyester and viscose imported from countries like China, Korea, Chinese Taipie, Malaysia, Thailand and Indonesia, yarn importers in the country's biggest man-made fabric hub have started indulging in circular import to skip the duty. In a first of its kind case, Directorate of Revenue Intelligence (DRI) on Wednesday raided a city-based yarn importer on the charges of importing more th
  • The All Pakistan Textile Mills Association, while appreciating government proposal of restricting CNG fuel only to public transport, has said that textile industry would lose $3b exports if gas curtailment continued for another three months, as gas suspension to industry continued for five days a week. The leader of textile sector and former chairman of the Aptma Gohar Ejaz hailed the PM Adviser on Petroleum and Natural Resources Dr Asim Hussain for supporting longstanding stance of textile in
  • Hundreds of garment factory workers clashed with police at a factory in Phnom Penh yesterday during the latest strike in what is now a month-long campaign to have two union leaders rehired. The workers from Nex-T Apparel (Cambodia) Co. Ltd. in Dangkao district were striking in support of two union organizers from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU). A scuffle broke out when they confronted a representative from a union affiliated with the Cambodian Union
  • TEXTILE manufacturers responsible for some of the most well-known brands on the High Street have been accused of hiding their toxic trails by using government-run wastewater treatment plants. Greenpeace International says a recent investigation found a wide range of hazardous substances in the effluent of two communal treatment plants. The research focused on the discharge of hazardous chemicals from industrial zones in Zhejiang Province, where a high proportion of textile manufacturers are l
  • South African wool prices rose sharply at the final national sale before the Christmas break, Cape Wools said on Wednesday. Company spokeswoman Ona Viljoen said Cape Wools' Marino indicator reached an all-time high when it gained seven percent on the previous week to close at R109.91/kg (clean). "This was not only higher than last season's highest level, but it also represents a 25.8 percent increase on the opening sale and was up almost 12 percent on the corresponding sale last year." Vil
  • Farmers have until 14 December to subscribe to the farmer owned promotional company Wools of New Zealand (WONZ) capital raising venture. The company has just finished more than 40 farmer meetings around the country, asking farmers to invest up to $10 million to help market and sell strong wool, with the aim of improving the long term returns back to the farm. But Wools of New Zealand chair Mark Shadbolt says it won't be easing up on its campaign to get farmers to invest a minimum of $5 milli
  • Kisan Board Pakistan (KBP) Central President Sardar Zafar Hussein Khan has urged the federal government to immediately announce a cotton policy as growers are being exploited in absence of such a policy. In a statement issued here on Tuesday, he said that prices of agricultural inputs including fertiliser and petroleum products had increased manifold and cotton prices also needs upward revision in the light of increase in input cost. He demanded that the government should fix 'phutti' price at
  • U.S. growers aren’t the only ones who are expected to reduce cotton acreage in 2013, the International Cotton Advisory Committee reports. The ICAC Secretariat projects that global cotton production will decrease by 11 percent to 23.2 million tons (106.56 million bales) in 2013-14 due to lower cotton prices and increased attractiveness of competing crops. This would be the second consecutive season of decline in cotton production and the smallest output in four years. Production is expected
  • Gas prices for the industrial sector in Bangladesh and Sri Lanka were lower than Pakistan. PHOTO: FILE Textile exporters rejected the proposed raise in gas prices by the government and termed it an unwise move, as it will further increase the cost of business, hamper production and affect exports. Earlier, the Oil and Gas Regulatory Authority (Ogra), in a summary to the petroleum ministry, recommended a hike in gas prices by 9.87% to Rs31.12 million British thermal units (mmbtu) for Sui N
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