Driven by strong demand from exhibitors and China textile enterprises,the International Exhibition on Textile Industry in Shanghai(ShanghaiTex)will be held annually starting from 2006.ShanghaiTex is now the largest textile machinery fair in Asia and one of the world's most professional and authoritative textile events.The textile trade fair this year was held from June 3-7,2005 at the Shanghai New International Expo Centre.It attracted over 1,400 worldwide renowned suppliers from 23 countries an

Hong Kong-based Central Textiles (Hong Kong) Ltd. announced that it has implemented U.S.-based Cotton Incorporated's Engineered Fiber Selection(EFS) Cotton Fiber Management System. The company is the first licensee of the software in Hong Kong and China.With an established 57,000-square-meter spinning mill and another near completion in China's Guangdong province, Central Textiles buys 250,000 bales of U.S. cotton annually and employs about 1,500 people."The major purpose is to bring the consist

China and the United States will hold the sixth round of talks on textiles from October 12 to 13 in Beijing, China's Ministry of Commerce Friday announced on its official website. Previous five rounds of consultations have been held between the two sides but no agreement has been reached yet. Despite strong opposition from China, the United States began to take restrictive measures or hold investigations of imposing restrictive measures on 20-plus categories of Chinese-made textile products. Chi

GENEVA_Brazil will seek final World Trade Organization permission to retaliate for illegal U.S. cotton subsidies, Brazil's top trade lawyer said. "We are going to request authority to adopt countermeasures against the U.S. for its failure to reform its cotton regime," Roberto Azevedo told The Associated Press on Wednesday. The decision to pursue retaliatory measures comes after Brazil reserved the right in July to impose $3 billion (?.51 billion) in annual countermeasures to punish the United

The Brazilian textile industry has called on the government of Luiz Inacio Lula da Silva to impose limits on Chinese silk imports that have flooded the domestic market, an industry association official said on Friday. The Brazilian Textile and Apparel Industry Association (ABIT) issued its request on Thursday, the same day the government published an order opening the way for possible trade sanctions against Chinese products. The textile association asked the government to restrict the impor

Despite BKMEA's allegation of price hike of yarn, BTMA president M A Awal yesterday has said that they are yet to increase the price in accordance to the international market. "The BKMEA's allegation on price hike of yarn is improper. We only increased $0.10 to $0.12 in per kg yarn which is even very much lower than India," he said at a press conference in his office.He ruled out the BKMEA's demand to allow yarn import through land ports and said local spinning mills could meet 80 to 85 per cent

Manmade fibre producers may face squeeze in their margins due to high excise duty and rising raw material costs in the current financial year, indicates an ICRA report. Raw material (fibre intermediates) prices in the short term will remain marginally high matching with global petrochemical and marked up crude prices, on short- term basis. As a result, the report suggests non-integrated players will return low margins over the period.Even though the demand for textile fibres is likely to remain

Since the expiry of textile quotas begining this year, small yet significant texile pockets of the world particularly, Mauritius suffered severe setback.Being a major foreign exchange earner for the country, textile industry saw a steep decline of 18 percent in textile exports during the first six months, this year.This drop is considerable for a sector which provides 52,000 jobs and indirect employment to the tune of additional 200,000 in a total population of 1.2 million.Figures released by Ce

Ministry of Commerce announced that 3385 Chinese companies would share 18 percent of European Union quota for next year.Bowing to the general opinion of the textile manufacturers seeking free and fair distribution of EU quotas, the Ministry resorted to first online bidding last week. 5,284 companies participated in the bidding process among, which 3,385 were announced winners.This is also aimed at help manage better exporters?performance.Ministry also announced that another 12 percent of the tot

An international team has announced it has come together to develop critically needed protective garments for first responders to natural disasters and bio-terror attacks. The garments will provide military and emergency personnel protective wear that is lighter, longer wearing, and offers increased protection from contaminants and a broad range of toxic chemicals. "This alliance will help meet the needs of the post 9/11 global environment," said Ron Kendall, director of The Institute of Envi