Apex trade body the Federation of Indian Export Organisations (FIEO) has asked both Commerce and Textile Ministries to either ban or cap raw cotton exports at 4 lakh bales per month to check the price rise in domestic markets. In last two months, cotton yarn prices have surged by about 20 per cent from Rs 13 per kg to Rs 16 per kg, which has forced many garment exporters to cut production, FIEO said in a statement today. "We have approached Commerce and Textiles Ministry calling for immedi

The Government of India has been implementing the Health Insurance Scheme for the XI Plan from 2007-08 for providing health care facilities to the handloom weavers. Under the Health Insurance Scheme, the weaver's family of four is entitled for all medical benefits worth Rs. 15,000/- on payment of his/her share of premium. The weavers can easily avail of cashless facility from the nearest OPD centres and IPD hospitals empanelled with the implementing agency i.e. ICICI Lombard General Insurance

On December 4th the National Textile Association filed public comments with the Senate Finance Committee in opposition to 24 duty suspension or related bills that were being considered for inclusion in a Miscellaneous Tariff Bill. In the case of the bill S.1981 to provide for the liquidation or reliquidation, at the rate of zero percent, of certain line items in entries of tailored garments from Costa Rica. NTA objected because the bill seeks duty relief on the entry of these garments due to th

The crisis of yarn price hike is worsening day-by-day. Government has neither banned the export of yarn nor imposed regulatory duty on the export of yarn due to which prices of yarn are continuously rising. Yarn prices have increased by 100 percent during the last 4 months. As per details, yarn price of 40 single was Rs 700 in September, which has now increased to Rs 1400 per bundle in December. Eighty single yarn was selling at Rs 1600 which has now increased to Rs 2600 per bundle. Power loom

LANXI COUNTY, China, -- China Linen Textile Industry, Ltd. a China-based company engaged in the production and sale of linen yarn and various types of linen fabric, announced that its wholly-owned subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co. Ltd., has signed a contract with an Italian company to deliver approximately 1.4 million meters of semi-bleached linen fabric. The contract is valued at approximately $3.05 million. The first shipment will occur in December 2009 and cont

One third of China's cotton-spinning enterprises revealed 96.7 percent of total profits for the whole industry, indicating that most cotton-spinning companies are currently unprofitable, said Xu Wenying, deputy director of China National Textile and Apparel Council. The rapid development of China's cotton-spinning industry in the previous decade resulted in fast-expanding capacity, said Xu. After the breakout of the global financial crisis, overseas demand contracted significantly and compet

The China Cotton Association said Wednesday that the country's cotton output will likely reach 6.8 million metric tons this year, up from its previous estimate of 6.7 million tons. Weather conditions in major producing regions were favorable for crop growth in October, compensating the negative impact of wet weather earlier, the association said in a monthly market report posted on its Web site. According to the association, growers it surveyed said that 82% of their crops had been harve

BKMEA president Fazlul Haque has said gas crisis is seriously affecting production in the knitwear industry. ‘We do not get 40 per cent gas of the total demand for the industry,’ he told a press briefing on Saturday ahead of a three-day international fair titled Knit-Tex. This is the second annual exhibition organised by Bangladesh Knitwear Manufacturers and Exporters Association and event management organisation Conference and Exhibition Management Limited. ‘If the government does not come f

CTEI Exclusive: Home textile, once a sector that was experiencing very good growth in textiles, is fighting for their survival in 2009 with dismal overseas market hit by the economic crisis. In this article we have analysed export performance of main home textiles including bedding products, carpet, curtain and towel based on official export data during the first three quarters of 2009. Although home textile export shows a little recovery signs since 2009, significant gains at that time wil

Last November 19th the majority of European Union (EU) states voted against the continuation of punitive antidumping duties on leather footwear imported from China and Vietnam. However, this is not a final, binding decision and it will be considered for ratification by the Council of Member States. It is a theme which could prejudice the unity of the EU since countries which no longer have a shoe manufacturing industry are being unduly influenced by the interests of large importers and distri