All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer has welcomed a reduction in policy rate by 100 basis points by the State Bank of Pakistan here on Saturday. "It will provide relief to the industry, especially the textile industry which is already facing a high cost of doing … Read more about APTMA Welcomes Cut In Policy Rate
India Woos Bangladesh As China Cuts Cotton Imports
Bangladesh may emerge as an unlikely saviour for the Indian cotton sector that has been left reeling in the face of low Chinese imports. Indian cotton export is expected to fall to a six-year low as China continues to cut imports. According to government estimates, lesser cotton imports by China may … Read more about India Woos Bangladesh As China Cuts Cotton Imports
EVS’ iBar Monitoring System Accepted at Textile Firms
Elbit Vision Systems Ltd. (EVS), a global provider of vision technology for automatic surface inspection and in-line quality monitoring systems, has announced that two major European manufacturers and a leading US textile manufacturer have given formal acceptance on its new product, iBar, the … Read more about EVS’ iBar Monitoring System Accepted at Textile Firms
Yarn Expo Exhibitors Expect Chinese Yarn Market to Perk Up
China’s cotton yarn market, one of the biggest in the world, has been relatively quiet since the country ended its cotton stockpiling policy last year. However, exhibitors at the Yarn Expo Spring show in 2015 had said they have seen signs indicating the market is starting to pick up. KL … Read more about Yarn Expo Exhibitors Expect Chinese Yarn Market to Perk Up
‘Spinning sector needs export interest subvention’
Credit rating agency Crisil has suggested the need for export interest subvention for spinning textile sector, according to media reports. As per the interim report, prepared based on the request of Texpreneurs Forum, a copy of which was presented to the Commerce Minister, Nirmala Sitharaman last … Read more about ‘Spinning sector needs export interest subvention’
Future Materials Awards returns to ITMA 2015
Following the hugely successful inaugural event last year in Dresden, Germany, the ITMA Future Materials Awards returns to ITMA 2015 being held in Milan, Italy from November 12-19, 2015. According to a WTIN press release, the industry leading awards recognise innovation and achievement right … Read more about Future Materials Awards returns to ITMA 2015
Two Swiss Textile Products Bag Techtextil Innovation Award
Two Switzerland produced technical textile products are among the eight winners of the Techtextil Innovation Awards announced on day-1 at Techtextil . The first product to win an award in the ‘New Product’ category is the textile-based ECG belt, a product made in cooperation between the Swiss … Read more about Two Swiss Textile Products Bag Techtextil Innovation Award
Monforts Shows Special Machinery In Technical Textile Expo
Textile machinery manufacturer, A. Monforts TextiImaschinen, has successfully presented its special composites machineries at Filtec expo in Cologne and the recent JEC Composites Show in Paris for the first time. Monforts offer special machines for specific impregnation processes that … Read more about Monforts Shows Special Machinery In Technical Textile Expo
Aptma Expresses Concerns Over 16 Percent Fall In Exports
The All Pakistan Textile Mills Association (Aptma) has voiced its serious concerns over the alarming fall of 16 percent in textile and clothing exports in March and set up a task force to discuss the gravity of the situation. The force on 'sustainability and way forward' has a strong … Read more about Aptma Expresses Concerns Over 16 Percent Fall In Exports
Cotton market: Cautious selling by ginners amid short supply
Trading activity came down modestly on the cotton market on Saturday as the ginners indulged in cautious selling due to diminishing stock of lint cotton with them, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. Over 2,000 bales of cotton changed hands between Rs 4850 … Read more about Cotton market: Cautious selling by ginners amid short supply
Pak Exhibitors Receive Big Response At Istanbul Textile Show
First international textile exhibition in Turkey, Texworld Istanbul Spring 2015, welcoming 150 exhibitors from many countries and more than 5000 visitors, proved a big opportunity for Pakistani exhibitors to showcase their products. Consul General of Pakistan in Istanbul, Yousaf Junaid was … Read more about Pak Exhibitors Receive Big Response At Istanbul Textile Show
Cotton Market Rates Firm Up On Sustained Demand
Not much improvement was seen in the trading activity on Saturday as the sellers preferred to be on the sidelines mainly because of shortage of crop, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. So, in the ready session, around 3,000 bales of cotton changed hands … Read more about Cotton Market Rates Firm Up On Sustained Demand