The country's raw jute export witnessed lowest export in FY2013 compared to the last three years as the shipment (in value) was reduced by 30 per cent. Cold bilateral relations with one of the key export destinations Pakistan was the main reason behind the fall as export to the country was reduced by 0.2 million bales (per bale= 180 kg) during the period. Officials of the Bangladesh Jute Association (BJA) said overall export fell to 2.025 million bales in FY'13 from 2.30 million bales in FY'11

Nike has called for an inquiry by the Cambodian government into a protest last month at a factory it sources form which resulted in a clash between the police and thousands of garment workers. The protest took place at the Sabrina Garment factory in Kampong Spue province and among the people injured during the clash was a pregnant woman. "We are deeply concerned with the treatment of factory workers," a Nike spokesperson said in an interview with just-style on Monday. "We also reached out to

Mr. Jang Hui speaking at conference/China.org.cn A conference to discuss the implementation of China’s ‘Going Out’ strategy, as outlined in the country’s Twelfth Five Year Plan, was organized in Beijing by the China National Textile and Apparel Council (CNTAC). At the conference, officials from relevant government departments, financial institutions as well as professional bodies outlined the policies related to the government’s ‘Going Out’ strategy. Representatives of several textil

Norafin has invested ?12.5 million in a new spunlace line in Mildenau, Germany in an effort to meet increasing demand for specialized nonwovens and to broaden its assortment of high quality technical textiles. The new line officially began production in a special ceremony today before a group of invited guests including representatives from the economic, political and industrial sectors. The new line can makde multilayered technical nonwovens with widths up to 2.4 meters and grammages between

A file photo of cotton farmers applying fertilizers. Cotton farmers have shifted to sowing of soyabeans in some parts of Andhra Pradesh and Maharashtra and to corn in northern Karnataka, according to Indian Cotton Federation. However, in Tamil Nadu, there was a 20 per cent increase in cotton sowing instead of rice in areas surrounding Thanjavur, due to scarcity of water during sowing for the Kuruvai crop, the federation in its cotton market report said. Without attributing specif

Cotton sales have risen this marketing season compared to the same period last year due to the early resolution of the producer price. Latest figures released by the Agriculture Marketing Authority show that a total of 41 907 690 kilogrammes of cotton have so far been purchased since the marketing season opened in April this year. Last year, a total of 349 000 tonnes of cotton were sold since the selling season started late in July due to a price impasse between growers and merchants. This

China's efforts to curtail imprudent bank lending represent thecountry's latest policymove to cause unforeseen impacts on the cotton market-but, again,encouraging domestic millers to switch to imports. The country's central bank, the People's Bank of China, two weeks ago flagged its willingness to tighten monetary policy, with the aim of achieving more stable economic growth, in a move seen targeted at curtailing banks' appetite for risky loans, and for channelling deposits into off-balance-s

Chief Minister Shahbaz Sharif has said that manufacturing sector is of key importance in exports and its growth can increase national exports and strengthen economy. He said there was vast export potential in garments industry which could help enhance investment and generate job opportunities. He was presiding over a meeting on the promotion of garments industry and increasing textile exports at Model Town on Monday. The meeting considered matters related to promotion of garments industry, its

Global cotton prices dipped in late June after the Cotlook A Index rose to 96.65 cents per pound in the middle of June before receding to the low of 90 cents level towards the end of the month; as the global cotton policy remained China centric, International Cotton Advisory Committee (ICAC) said in a statement on monthly cotton scenario. The ICAC said that on June 12, the USDA increased 2012-13 export estimate to three million tons due to continued strong sales to China, and lowered the estim

Discount retailer Kmart has vowed to stick to its Bangladeshi clothing supplier, saying it is offering people a chance to get out of poverty, a Herald Sun report said on Tuesday. But Kmart managing director Guy Russo said the chain store had severed ties with 20 factories earlier this year after an internal review detected that they were in "high-risk environments". Quoting Mr Russo, the report said Kmart would continue working with 30 garment makers which employed thousands of people. "Aba