Australian wool prices again rose in US$ terms this week, reflecting a much stronger demand in 2006. Very low wool stocks in China are also explaining the current rush for wool, whatever currency exchanges. Thanks to a rising euro, wool prices were not really higher in euro terms this week, in addition. A wave of optimism is submerging the wool profession in Australia after prices this week rose in local currency terms, although the Australian dollar further increased against the US dollar. Th

NEW DELHI, MAY 11: Chinese clothing exports to the European Union have surged 47% last year to 16.5 billion euro as compared to India? 32% at 3.07 billion euro, following dismantling of quota regime in January 2005. However, India is becoming price competitive compared to China in some items such as girls skirts, female shorts, blouses and men? shirts. While these two countries have become the major beneficiaries of the quota abolition, exports from their competitors like Tunisia, Morocco, Tur

A textiles trader Roshan, based in the lively city of Shaoxing asserts the initial three months in China were tormenting for him. He said, he could not understand a word and considered that it was a blunder he committed coming here. Roshan is one among 1,200 odd Indian nationals working in Shaoxing, situated three hours drive down south of Shanghai and on the southern province of the Yangtze delta. Shaoxing is widely recognized as the textiles capital of China and even from Asia. It has the m

Volume and value of transactions of commodity and raw materials at exchange of Turkmenistan, country? centre of foreign trade, have increased in the recent months. Local media revealed that over US $160 million worth of transactions were recorded in the last one week. According to exchange sources, cash purchase of polypropylene was made by Turkish, the US, UAE, British Virgin Islands and Kazakh businessmen. All oil products came from Turkmenbashi complex of oil refineries. Lint-cotton, cotto

Statistics reveal Vietnam earned a bright outlook for export of leatherette shoes after the European Commission (EC)implemented the anti-dumping lawsuit on leather capped - shoes as per the records avaiable for the first two months of 2006. During January-February, the EU accounted for 95 percent of exports yielding around US $8.62 million and representing almost 171.77 percent rise from same period 2005. Major markets in EU included Germany, England, France, Spain, Belgium and Austria. Accor

Recently, GlobalTextiles.Com participated in popular fairs in China (?006 Shanghai International Clothing & Textile Expo? ?he 12th China International Trade Fair for Apparel Fabric and Accessories? ?hinese Export Commodities Fair?. During these exhibitions, ?OP supplier? the premium services of GlobalTextiles.Com, became the leading power for helping Chinese textile enterprises exploit the international market. GlobalTextiles.Com devotes herself to providing E-commerce marking projects for

Vietnam and the US on May 9 will continue negotiation on the former? WTO entry. High on agenda will be problems that the 2 sides have not reached any agreement. One of those is that the US might take special self-defence measures against textile imports from Vietnam after the country becomes a WTO member like it has done to China. Mr. Le Quoc An, Vietnam Textile and Garment Association Chairman talked with Thoi bao Kinh te Vietnam (Vietnam Economic Times in Vietnamese)? Duc Vuong. How will Viet

THE textile industry in Europe is not doomed to vanish beneath a flood of imports from overseas, so declare the 22 workers at Sew Mon in Anglesey. Their company was founded by two textile workers when their former employer, QCM clothing, moved production to Russia. They are adamant that the secret to survival and success is not to compete on cost but to invest in the creation of the most highly skilled workforce possible. Sew Mon has recently won a heavy-duty clothing contract for the NHS, whi

LAHORE: As a result of high mark-up rate in the country, the import of textile machinery has fallen by 6.4 percent in the first half of 2005-06 compared with the corresponding period of last year. A constant decrease in fresh investment, if it happens, may result in a reduction in the share of Pakistan? textiles globally, say experts. A study carried out by the Lahore Chamber of Commerce and Industry (LCCI) committee on WTO has mentioned that the world textile trade is set to increase from the

Up to now, E-Commerce market has steadily developed in china, since it began in 2000. More and more people are in the habit of finding their business partners or dealing with their trade on the Internet. However, the safety and company? credit are the intractable problems causing people? worry. In order to complete the credit mechanism in B2B market, GlobalTextiles.Com and Golden Credit Rating International Inc. have built ?2B Credit strategic alliance? Golden Credit Rating International Inc.