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  • BEIJING: The country's exports of textile and apparel amounted to US$107.123 billion in value between January and November 2005 as per the statistics which is up by 21.12% year on year representing a share of 15.06% in total exports, as per sources said here on January 09. Further added that the exports of textile products rose 23.95% year on year to US$40.151 billion during the reviewed period, that of apparel went up 19.48% to US$66.972 billion. The largest export market of China was the US1
  • Indian textile and apparel industry is expanding its capacity to compete with other countries in the post quota scenario. Analysts believe insufficient skilled personnel is a major problem hampering industry progress and it requires foreign consultants to train personnel to man latest equipment and machines being imported from abroad, or even from within the country.The textile ministry has given the go ahead, to hire foreign consultants and the Apparel Export Promotion Council (AEPC) has been a
  • Modified control arrangements for Hong Kong's textile exports to the European Union will take effect from March 15, Hong Kong's Commerce, Industry & Technology Bureau said Friday. Exports, including re-exports, will require either a consignment-specific export license or a textiles notification under the Textiles Trader Registration Scheme to cover each consignment. Cut-and-sewn garments will also be subject to the Production Notification requirement. The bureau said the modified arrang
  • Statistical Office of the Republic of Slovenia released the Inflation rate for December 2005.In December prices remained the sameAs in the previous years, this year too December did not contribute much to the annual inflation rate. Compared to November, on average consumer prices did not change.Lower prices of clothing and footwear decreased the total growth of pricesIn December lower prices were recorded in the groups clothing and footwear (by 2.8 percent) furnishing, household equipment and ma
  • International Cotton Advisory Committee? (ICAC) Secretariat estimates that the world cotton area will grow by about 3 percent to 35.7 million hectares in 2006/07, encouraged by higher prices this season. Most of this expansion is expected to take place in China (Mainland) and India, whereas harvested area is forecast down in the United States and is expected to remain stable in Pakistan. Assuming average yields, it is expected that world production will reach 25.3 million tons in 2006/07, about
  • Polyethylene terephthalate or simply called PTA, has wide industry application. As a basic raw material it is used in the manufacture of polyester polymer that produces fibres for textiles, packaging, PET bottles and other film based items. Markets, especially Asian, have been volatile and totally dependent on rising crude prices that have reached record levels in the recent times. As a cascading result, Paraxylene (PX) feedstock costs have gone up and growing demand for polyester and Polyethyle
  • BEIJING - China's textile exports to the United States and Europe jumped 62.7 percent in the first 10 months of 2005 following the end of a global quota system, the government said Wednesday. Total Chinese textile exports rose 20 percent to $116 billion last year, the China Chamber of Commerce for Import and Export of Textiles said. It said the share of Chinese textile exports going to the United States and European Union rose to 34 percent, up from 25.7 percent in 2004. Both the United States
  • FDI proposals registered were worth about $659.56 million in the January-June-2005 and they increased to $ 3137.60 million in July-December 2005 period. The Board of Investment recorded $ 1143.79 million FDI proposal in December last. Sources reported that energy sector attracted the largest FDI that remained on top during the last five to six years in the country.In FDI list, the telecom and apparel segments bagged the second and third place.The macro-economic stability, investment friendly env
  • Australian Wool Innovation Limited informed that in Australia, production of shorn wool bigger than 24.6 microns is forecast moderately lower in 2005/06. The Australian Wool Testing Authority (AWTA) test data for the five months ending November 2005 expose that for wool 24.6 microns and above, test volumes are down and show wool availability continuing to move away from 24 and 25 micron wool in favour of wool in the 26 to 27 micron range. It is thought that the hollowing out in the 24 to 25 micr
  • The latest figures from the Spanish textile research company Centro de Informacion Textil y de Confeccion (Cityc) have revealed that Spain? textile and clothing industry production and employment has continued to drop in numbers as more companies were closed due to stalling exports and increasing imports in 2005.For the whole year, preliminary numbers showed that textile and clothing exports inched up 0.4 percent to ?.5 billion, while imports rose 7.8 percent to ?0.7 billion. As a general trend,
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