Uruguay wants to boost its sale of wool to China by expanding into fashion and design, its ambassador to China Fernando Lugris recently said while meeting designers from his country in Beijing. Designers Ana Livni and Fernando Escuder are trying to introduce in China the ‘slow fashion’ concept with Uruguayan wool designs that last longer. This is another way of bringing wool coming from naturally-fed sheep in Uruguay to China, A Chinese daily quoted Lugris as saying. Since diplomatic rel

Angolan textile factory Alassola will send a second shipment of cotton yarn weighing 100 tonnes from the port of Lobito to Portugal, to be used by some top Portuguese textile firms, according to company chairman Tambwe Mukaz. The first such shipment of 156 tonnes to Portugal was dispatched in October 2016, according to an African news agency report. Alassola is the recovered form of former textile company África Têxtil, which was inaugurated in 1979, came to a standstill in 1998 and declared

Teijin Frontier, the Teijin Group’s fibre-product converting company, has developed Solotex Thermo, a polytrimethylene terephthalate (PTT) fibre, which is said to offer excellent thermal retention and insulation. The company envisions a wide range of promising applications for the new product, including jeans, pants and bottoms, and for more than just outer materials. Solotex Thermo offers high comfortability thanks to its softness, form-suitability and strechability, the company reports. It

Cotton prices oscillated slightly in the Brazilian market in the first fortnight of November, the Center for Advanced Studies on Applied Economics (CEPEA) said in its fortnightly report. Some traders were active, lowering asking prices, resulting in the CEPEA/ESALQ Index dropped 0.6 per cent since October 31, closing at 2.3940 BRL per pound on November 14. “While purchasers were cautious to increase bidding prices, both growers and trading companies were firm in terms of asking prices. Thus,

The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity. The current spell of rains in Punjab is being reckoned to be healthy for standing cotton plants and could help improve production. However, leading spinners seemed to be unwilling to take any risk and are keen to import cotton once duty is withdrawn. The issue of

Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export category in October, as per the data with the union commerce ministry. With readymade garment exports plunging 40.7 percent on a year-on-year (yoy) basis to Rs 5,398 crore in October, exporters have blamed the slump on financial crunch due to the delay in getting GST refunds and reduction in duty drawback rat

The Ministry of Commerce (MoC), Cambodia during a meeting on Tuesday with representatives from global clothing brands and unions, said that the garment sector is burdened by low productivity brought about by outdated technology, which sinks the country into low positions within global value chains. Hence, the government has called on international buyers to participate in the investment, increase investment in the garment and footwear sector and to introduce new technologies to help modernise

The meeting, organised by the Ministry of Industry and Trade and the European Trade Policy and Investment Support Project (EU-Mutrap), was held to help exporters take advantage of the EV-FTA when it takes effect in 2019. Phan Thi Thanh Xuan, vice chairwoman and general secretary of the Vietnam Leather, Footwear and Handbag Association (Lefaso), said the EV-FTA would increase exports because of lower tariffs and contribute to eliminating other trade barriers. However, Vietnamese leather and

China is on a steady track to meet its 2017 growth target despite some short-term fluctuations as the government focuses on quality over speed in its pursuit of economic growth. After a strong performance in the first three quarters, data released by the National Bureau of Statistics showed growth of factory output, investment and consumption in October all slowed a notch from the previous month. Industrial value-added output expanded 6.2 percent year-on-year in October, slowing from 6.6

Seed cotton (phutti) equivalent to over 9.3 million bales reached ginneries across Pakistan till November 15, registering an increase by 6.58 per cent compared to corresponding period of last year. According to a fortnightly report of Pakistan Cotton Ginners Association (PCGA), out of total arrivals, 8.2 million or 82,10761 bales have undergone the ginning process. Arrivals in Punjab were recorded at over 5.5 million or 55,44817 bales , recording a percentage increase of 3.07 per cent. Arr