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  • Cotton prices further rose in the past seven days in China, boosted by New York futures and more buying of textile mills ahead of coming holidays. Prices could decline, however, when large quantities of the new crop will arrive on domestic markets in the coming weeks. Cotton prices clearly rose in China in the past seven days. On physical markets, grade 328 gained 67 yuan in the week to Monday to 13,402 yuan per ton or 75.01 cents per pound. The same index further rose 6 yuan on Tuesday to 13
  • Chinese textile exporters are likely to face safeguard measures on additional products if the current round of Sino-US textile talks fails to reach agreement. The United States is due to make a decision on whether to set caps on imports of sweaters, robes, wool trousers and knit fabrics on October 1. In addition, US industry associations last week filed new petitions to their government for curbs on cheesecloth, men's and boys' wool suits, polyester filament fabric and some man-made fibre coa
  • WASHINGTON_U.S. and Chinese negotiators began a third round of talks on Monday seeking to strike a comprehensive agreement to limit a flood of Chinese clothing and fabric imports that American manufacturers have blamed for the loss of thousands of U.S. jobs. The talks, which were scheduled to wrap up on Tuesday, were being led on the U.S. side by David Spooner, the administration's chief textiles negotiator, while the Chinese delegation was led by Lu Jianhua, director general of China's Departm
  • Need for technology and skills to help boost knitwear products exports was clearly felt by industry leaders at a function in Dhaka on Saturday.All this would help produce manufacture quality garments that could withstand global competition and enhance exports to gain valuable foreign exchange. Titled "Maintenance Technology on Industrial Sewing Machines," a week-long training programme was held at with President of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) Fazlul Hoque
  • SAO PAULO, Brazil_Brazil may seek trade concessions from the United States instead of imposing retaliatory trade sanctions following America's failure to slash cotton subsidies ruled illegal by the World Trade Organization, a top Brazilian government official said Friday. "We are looking to increase access of Brazilian products into the U.S., not necessarily to impose tariffs," Trade and Development Minister Luiz Furlan said. Furlan made the comments a day after Brazil accused the United State
  • Asian textile manufacturers were out in force at a trade fair in Paris last week, touting their wares for quality and price against competition from their European counterparts. Fabric makers from China, Taiwan, India and South Korea accounted for nearly half of the 620 companies showing their wares at TexWorld, the international clothing textiles trade show in the French capital's business district, La Defense, that closed last Wednesday. "We come for the large quantities and the tiny prices,
  • U.S. and Chinese negotiators began a new effort on Monday to seek an agreement that could restrict billions of dollars of clothing imports from China, but industry officials were pessimistic the two sides would find common ground. "I don't get the sense that anything has really changed since the last round of talks" in Beijing in late August, said Missy Branson, senior vice president at the National Council of Textile Organizations. "To my knowledge, there's not been any back and forth" discus
  • Silence may be golden, but not for Chinese textile manufacturers needing to reassure their US customers at least that's what Beijing-based trade lawyer Matthew McConkey thinks. The DLA Piper Rudnick Gray Cary partner said yesterday that the Chinese textile industry was sending the wrong signals to its US retailers by not making greater efforts to defend itself. "When the Chinese industry is silent, and the US importer doesn't know what it's doing, or how it's defending itself, that creates uncer
  • Post quotas era has witnessed Pakistan surging ahead of even China to become top supplier of cotton sheets.A huge 539 percent jump was registered in US imports of cotton bed sheets from Pakistan while overall US imports in value terms grew from US$324 million in January-July 2004 to US$537 million in the same period of 2005.Pakistani exports rose at the cost of India and Thailand while China went on consolidating exports to the US at 290 percent in volume terms over the period.Cotton sheet shipm
  • Cheap Chinese imports, particularly textiles, garments, tea, cigarettes, and home appliances will face tough times landing in Iran. About a million dollars worth contraband goods were seized last month, according to Iranian Customs Department.In a major decision, Massoud Karbassian, head of Iranian Customs said the administration in cooperation with Textile Factories Syndicate, will try to prevent the import of low-quality textiles.He informed that customs offices will be established in piers th
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