Wool prices declined everywhere this week, when expressed in US$ terms. Demand is not so weak, but sales are depressed by currency variations in the Southern Hemishpere. China's wool textile production is far from surging at the same time with prices falling in Nanjing. Wool prices were once more down this week in Australia, as a result of a rise in the domestic currency. The benchmark Eastern Market Indicator (EMI) fell 8 Australian cents or 1.2 percent to 640 cents per kilo clean. Post-Newc

China's top textile manufacturer Youngor is to join hands with its Japanese and Italian counterparts Itochu and Marzotto in developing the international high-end market, according to the president of the Shanghai-listed group. The three leading garment makers and exporters in the world signed an agreement Thursday in east China's port city Ningbo, pledging all-round cooperation in technology, financing, marketing and human resources. China's textile manufacturers lag behind their internation

Highlights: - a sector looks to the future- the bi-annual view to the Wool Market"- from supplying to awakening demand: 40 speakersoffered new approaches for success in the wool marketThe 'IWTO Wool Forum Biella' ended on 29th November 2005 after welcoming more than 200 participants during its four-day run. This year's title, 'Improving Demand for Wool? was the main theme of all of the lectures. Although the market continues to be in the doldrums, the high-grade speakers were able to offer the s

With seven days to go before the World Trade Organization (WTO) Ministerial in Hong Kong (MC6), Oxfam publishes a report today highlighting the detrimental impact of US cotton subsidies and dumping on China's 46 million cotton farmers. The WTO MC6 is an important chance to move the Doha round forward and to reduce trade-distorting agricultural subsidies, including those for cotton. However, the US and the EU have resisted making deep enough agricultural reforms, slowing negotiations to a stand-s

Ministry of Commerce (MOC) of the People's Republic of China informed that in the first ten months of this year, China exported its textile goods to 224 overseas markets.During the ten months, 17 countries witnessed their textile imports from China exceed 1 billion US dollars, including the United States, Japan, Russia, Germany, the Republic of Korea, Britain, Italy, United Arab Emirates, Canada, Australia, France, Spain, Singapore, the Netherlands, Panama, Saudi Arabia and India. Chinese mainla

The textile and garment industry will not reach a full-year targeted export value of between $5.2 billion and $5.4 billion for it earned only $4.32 billion from exports in the first 11 months of this year.Chairman Le Quoc An of the Vietnam Textile and Garment Association, the sector will earn an export value of $4.82 billion this year, increasing by 10% over last year. Of which, export turnover to the US market will be $2.46 billion, up 6.5%; to the EU, $875 million, up 15%; and Japan, $405 mill

The latest European Union trade figures show that China's textile exports to Europe surged by more than 40 per cent in the first eight months of the year, but European imports of textiles increased by just 2.1 per cent in value terms and 2 per cent in volume terms. The biggest losers were manufacturers from Hong Kong, Macau, Myanmar and the Philippines. This breakdown is set to change the focus of a bitter battle that has dominated China's trade relations with the EU and the United States for

Despite increasing international trade disputes, China's textile exports may reached to 116 billion US dollars during this year. It is expected to grow 19.21 percent year on year and however this year it is expected to reach US dollars 116 billion. According to China National Textile and Apparel Council's prediction, China? textile exports are expected to grow 19.21 percent year on year. China's textile export last year totaled 97.3 billion US dollars. During the first ten months this year, sale

The government has directed the concerned authorities to hold meetings with the representatives Textile industry and make all out efforts to resolve their problems, sources told Online Wednesday. Secretary Textile Board Masood Aalam Rizvi also held a meeting with the representatives of Textile Industry last week in that connection. He sought details about the problems of textile industry and assured to take steps to provide all possible facilities to them. It is pertinent to mention here tha

China exported 10.349 billion US dollars of textiles in October, down 13.64 percent from September, said the Ministry of Commerce on Wednesday. Although China's monthly textile export volume exceeded 10 billion US dollars for the consecutive five months this year, its year-on-year growth rate has slowed down, according to the ministry. The abolishment of the global textile quota at the beginning of this year as well as China's textile production capacity expansion led to the sustained gr