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Cotton yarn prices in China increased over the past 30 days, however, not at the same levels as cotton prices. Spinners raised prices of those yarns not available in volume through imports.Since local cotton price in China is the highest in the world, and Pakistan and India are among the lowest, many buyers continued to take low count carded yarns from India and Pakistan, instead of buying local yarns.Yarn producers of China suffer a major price disadvantage because of the local cotton price str
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China's share of the US apparel market fell in September. China, however, still remained top US supplier with Bangladesh pushing Mexico for second place. Prices of Cambodian and Vietnamese apparel were more expensive in September than a year ago. Egypt, meanwhile, cut prices by a quarter.
The volume of apparel imports into the US was 12 per cent higher during the nine months to September 2005 than for the corresponding period in 2004.
Shipments to the US during the month of September were seve
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Staggering from Hong Kong's decades- long industrial downturn, labor leaders capitulated Tuesday to demands by manufacturers to import low-wage textile workers from the mainland.
In return, employers agreed for the first time to impose minimum wages in specific cases.
The Labour Advisory Board, a 12- strong policy unit composed equally of employer and employee representatives, agreed to a government proposal to import up to 5,000 mainland textile and garment workers on a minimum wage of HK$2
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HARTFORD, Conn. -- Flush with higher incomes than other Americans, Connecticut shoppers are spending more on women's clothing than anyone else in the nation. Connecticut was first among the 50 states in money spent annually on women's apparel _ $975 per household on average this year _ beating out larger states such as Massachusetts, New Jersey and California, according to MapInfo Corp., a Troy, N.Y., firm that provides software and research to retailers. "Taking that one variable out of all the
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WASHINGTON - In the past four years, U.S. industries from mattress-spring makers to wire-coat-hanger manufacturers have requested federal protection from surges in Chinese imports. Only one has received it: Textiles.
To understand one reason, peek inside the third floor of the Herbert Hoover Building, a stone fortress around the corner from the White House and home to the Committee for the Implementation of Textile Agreements.
This obscure corner of the federal bureaucracy, known as CITA (pron
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The textile industry is less optimistic over its performance in the October-December quarter due to high crude oil prices and competition from China, says a survey report by Yarns and Fibres.
The main worries for the Rs 1,30,000 crore Indian textile industry are rising crude oil prices and fierce competition from China in world trade.
On the constraints front, one-third of the survey respondents are of the opinion that inadequate power supply and infrastructure facilities would impede their
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TEXTECH 2005 - CII’s third international exhibition on textile technology - is all set to be a showcase of the vast potential that the Indian textile industry holds and the Indian textile industry will benefit tremendously from it.
This was stated by Manish Bagrodia, Chairman, Textech 2005, today.
Third in the series, the exhibition is being held at the Manchester of India, Ludhiana - from November 18 to 21. The venue is Punjab Agricultural University (PAU) grounds.
Ludhiana is the hu
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LAHORE: The growing shortage of skilled labour is adding to the worries of textile industrialists who are of the view that the government should immediately set up training institutes to overcome the shortage and Export Development Fund (EDF) contributed by the textile exporters be used for the purpose.Industrialists say training facilities should be set up on war footing. According to them, there is no need to construct new buildings because training facilities can be set up in existing governm
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The United States signed a three-year textile-trade deal with China that limits imports on 34 categories of Chinese products. The EU reached a similar agreement with China during the summer. A dispute has been rumbling since January, when World Trade Organization rules lifting barriers to entry on Chinese clothes came into effect, causing a surge in imports.
The euro fell to a two-year low against the dollar. Trading in the currency was affected by a plea from European finance ministers to the
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Whether they oppose or support stringent quotas, members of the local apparel and retail industries agree on this much: the latest deal between the United States and China to limit clothing and textile imports is an improvement on the current system.
The new three-year deal, set to go into effect on Jan. 1, will curb the influx of Chinese goods on 34 textile and clothing categories from sweaters to wool suits to swimwear. Imports in most categories would only be allowed to grow between 10 perc