The Textile Ministry alongwith Industry bodies like the the Federation of Indian Chambers of Commerce and Industry, the Associated Chambers of Commerce and Industry, Confederation of Indian Textile Industry are of the view to halve the duty on man made fibre (MMF) to 8 percent to make it more profitable. The Finance Ministry is looking at the pre-Budget proposals from the Textile Ministry demanding duty cuts on MMF. Charging excise duty of 16 per cent on MMF and optional duty of 8 per cent has a

Macau Statistics and Census Service specified that in October 2005, Macao's total value of exports amounted to MOP2.14 billion, up 13.2 percent over the same month of 2004.Among this, the value of domestic exports increased 9.7 percent to MOP1.60 billion and the value of re-exports rose 25.1 percent to MOP537 million. Value of imports amounted to MOP3.08 billion, up 29.0 percent over the same period of 2004. A trade deficit of MOP940 million was recorded this month. During the period of January

Surging pullovers from China accounted for one-third of the EU market in the first nine months of 2005. The new limit imposed on China could however quickly fill in the next year, leaving European buyers seeking alternative suppliers. Leading producers such as Bangladesh and Turkey have struggled against China this year and will be hoping for improvement in 2006. Despite being embargoed in July, latest European Union data confirm imports of Chinese pullovers dominated the market in the first th

Finance Minister P Chidambaram has received a unique plea from the footwear industry. The industry has demanded a similar taxation policy for both garments and footwear as they are considered an integral part of a person? attire. While footwear attracts 16% excise duty and 12.5% Value Added Tax (VAT), garments enjoys excise duty exemption and attracts only 4% VAT. The footwear-makers are also hit by unwillingness of certain states to implement VAT. The main production of footwear is in UP and Ta

Indicating a fall in raw material prices and continued overcapacity, a survey shows drop in prices of global polyester staple from their October levels.Apart from China, Asian market showed much weakness in prices.In 1.4/1.5 Denier, average US cents per pound price is 48.00-52.00 US cents per pound in December, which declined from October highs of 51.00-58.00 US cents per pound.Market is facing big challenges from Taiwan and South Korea due to their overcapacity. Though, decrease in production f

Desktop printable materials maker Rippedsheets?offers synthetic nonwoven laser printable fabrics for Bedding and Furniture Law Labels. Rippedsheets.com 100720 Washable Laser Cellulose Fabric and 100721 Washable Mil-Spec Reemay Fabric materials are both white and will print in Black and White and Color desktop laser printers. Rippedsheets.com also offers 100721 in Tan and Green on a special order basis. Bedding and Furniture Law Labels can be made from Rippedsheets.com 100721 white laser printabl

The Shanghai Shenda Import and Export Co. on Tuesday got the first textile quota certificate issued by the Ministry of Commerce for the year 2006. "I see a good sign (for China's export in 2006)," said Yao Xiyi, general manager of Shenda upon receiving the quota for producing 1,210 boxes of 12 man's shirts destined to the U.S. market. "The year 2005 was very turbulant for China's textile and garment exporters. We hope the trade environment in 2006 can be more stable," said Yao. Earlier thi

Brazilian leather exports for the first ten months of the current year rose to 7 percent over the same period in 2004, rising from $1.07 billion to $1.15 billion.Exports for October 2005 stood at 110.9 million, an upward revision from $110.5 million reached in October last year. The Centre of the Brazilian Tanning Industry (CICB), reported good business in exports of leather in the first ten months this year. The South Korean imports rose 82 percent, reaching $32.1 million, Netherlands a rise of

A new sports bra that counts heartbeats is causing a Christmas stir.The bra is the first consumer product to be based on an electronic interaction between a textile and its wearer.A special conductive fabric in the chest band, when it's wet, picks up the heart's electrical pulse and radios it to a digital readout wristwatch via a tiny transmitter in the bra.Such "smart fabrics" are the next big thing in so many fields that some analysts go so far as to predict that they'll change the world as dr

The textile ministry is lobbying hard for halving the excise duty on manmade fibres (MMF) to 8% in Budget 2005-06. Manmade fibres include polyester staple fibre (PSF), viscose staple fibre (VSF) and acrylic staple fibre (ASF). Most of the industry bodies like the the Federation of Indian Chambers of Commerce and Industry (Ficci), the Associated Chambers of Commerce and Industry (Assocham), Confederation of Indian Textile Industry (Citi) have suggested that the duty on MMF be halved to 8%. Spea