Statistical Office of the Republic of Slovenia released the Inflation rate for December 2005.In December prices remained the sameAs in the previous years, this year too December did not contribute much to the annual inflation rate. Compared to November, on average consumer prices did not change.Lower prices of clothing and footwear decreased the total growth of pricesIn December lower prices were recorded in the groups clothing and footwear (by 2.8 percent) furnishing, household equipment and ma

International Cotton Advisory Committee? (ICAC) Secretariat estimates that the world cotton area will grow by about 3 percent to 35.7 million hectares in 2006/07, encouraged by higher prices this season. Most of this expansion is expected to take place in China (Mainland) and India, whereas harvested area is forecast down in the United States and is expected to remain stable in Pakistan. Assuming average yields, it is expected that world production will reach 25.3 million tons in 2006/07, about

Polyethylene terephthalate or simply called PTA, has wide industry application. As a basic raw material it is used in the manufacture of polyester polymer that produces fibres for textiles, packaging, PET bottles and other film based items. Markets, especially Asian, have been volatile and totally dependent on rising crude prices that have reached record levels in the recent times. As a cascading result, Paraxylene (PX) feedstock costs have gone up and growing demand for polyester and Polyethyle

BEIJING - China's textile exports to the United States and Europe jumped 62.7 percent in the first 10 months of 2005 following the end of a global quota system, the government said Wednesday. Total Chinese textile exports rose 20 percent to $116 billion last year, the China Chamber of Commerce for Import and Export of Textiles said. It said the share of Chinese textile exports going to the United States and European Union rose to 34 percent, up from 25.7 percent in 2004. Both the United States

FDI proposals registered were worth about $659.56 million in the January-June-2005 and they increased to $ 3137.60 million in July-December 2005 period. The Board of Investment recorded $ 1143.79 million FDI proposal in December last. Sources reported that energy sector attracted the largest FDI that remained on top during the last five to six years in the country.In FDI list, the telecom and apparel segments bagged the second and third place.The macro-economic stability, investment friendly env

Australian Wool Innovation Limited informed that in Australia, production of shorn wool bigger than 24.6 microns is forecast moderately lower in 2005/06. The Australian Wool Testing Authority (AWTA) test data for the five months ending November 2005 expose that for wool 24.6 microns and above, test volumes are down and show wool availability continuing to move away from 24 and 25 micron wool in favour of wool in the 26 to 27 micron range. It is thought that the hollowing out in the 24 to 25 micr

The latest figures from the Spanish textile research company Centro de Informacion Textil y de Confeccion (Cityc) have revealed that Spain? textile and clothing industry production and employment has continued to drop in numbers as more companies were closed due to stalling exports and increasing imports in 2005.For the whole year, preliminary numbers showed that textile and clothing exports inched up 0.4 percent to ?.5 billion, while imports rose 7.8 percent to ?0.7 billion. As a general trend,

Cotton prices were stable in December in China with spinners waiting for import tariff quotas before ordering foreign cotton. Domestic prices could resist import pressure, however, given the significant fall in Chinese production this year. Cotton prices remained extremely stable in the last month of 2005 in China. From a maximum of 14,173 yuan per ton on 1 December, benchmark 328 grade fell to 14,121 yuan on 9 December before steadily increasing to 14,168 yuan until the end of the month. Aver

China enjoyed an estimated 20% rise in revenue, profits and exports in 2005 despite trade rows with the US and the EU, according to a report from the China Chamber of Commerce for Import and Export of Textiles cited by Xinhua news agency. Sales revenue for the year totalled CNY2trn (US$250bn) as profits reached CNY66bn and exports were CNY116bn. The chamber said theincreases had been driven by a ramp up in investment into fixed assets as well as technological innovations. Sales, revenue, sale

INSTANCES of domestic export consignments facing non-tariff barriers in the US market are on the rise, as textile exports to the US grow in volumes. The restrictions are mainly in the form of shipments being subjected to rigorous labelling and marking requirements, security parameters and document verification at US ports and issues relating to compliance with labour and environmental norms, senior Government officials said. According to officials, several instances of clampdown on export cons