Australian Wool Innovation Limited announced that textile and fashion designers of the future from Italy, China and Australia are spending week learning about the qualities and properties of Australian Merino wool, as part of efforts by Australian Wool Innovation Limited (AWI) to build relationships that will increase demand in the future.The 2005 Wool Study Tour students are travelling through Victoria and New South Wales, following the wool pipeline from farm to fabric. The group is a mix of n

China has stopped issuing permits for certain textile products exported to the European Union (EU), an official with the foreign trade department of China's Ministry of Commerce (MOFCOM) said over the weekend. "The move is to prevent enterprises from suffering further losses (for products being blocked at the EU customs)," he said adding the ministry was calculating the quotas left over in the agreement reached with the EU. Women's blouses last week hit the ceiling following sweaters and trouser

Sinopec Shanghai Petrochemical Company Limited announced the unaudited interim results of the Company and its subsidiaries (the Group) for the six-month periods ended June 30, 2005 (the Period). Under the International Financial Reporting Standards, turnover for the Period increased by 23.11 percent over the corresponding period last year to approximately RMB21.886 billion; profit before tax was RMB2.158 billion, an increase of 18.57 percent over the corresponding period last year; profit attrib

BEIJING (AP) -- A European Union trade delegation met their Chinese counterparts on Thursday in an effort to fix an agreement on textile quotas that has left tons of garments stranded at ports. An agreement reached in June imposed quotas on cheap Chinese imports into Europe to protect European textile producers. But it has resulted in a pileup of Chinese-made sweaters, pants, bras and other garments at European ports. EU Trade Commissioner Peter Mandelson on Wednesday acknowledged there had b

Recent quota restrictions on Chinese textile imports levied by European Union is causing havoc for the Irish clothing industry, it was claimed today.Michael Hannon, from the Irish Business and Employers Confederation (IBEC), said around 50 to 70 million garments are currently blocked in European customs as they exceeded agreed quota allowances between the EU and China.?ashion suppliers are under increasing pressure as their product, which is seasonal and has a short shelf-life, is piling up in I

Business relations between India and Pakistan are looking bright as bilateral trade between these countries grew by an impressive 74% last fiscal. As per commerce ministry statement, the business grew to $600 million from $344 million the previous year."It is expected that this positive trend will continue, although it is difficult to quantify the actual potential," the statement said, adding that efforts were also underway to boost bilateral merchandise trade between the two countries. A joint

There has been a negligible price fluctuation observed in polyester staple fiber as crude oil has reached at a peak during August. About one US cent per pound rise in the low end of the price range observed as 1.4/1.5 den polyester staple fiber averaging C&F the port to the equivalent of 49.00 to 52.00 US cents per pound outside the China. China market has remained as usual with the price hovering at around 10,800 yuan per ton or about 60.41 US cents per pound.In India and Western Europe the

Z?ich based The International Textile Manufacturers Federation (ITMF) said contamination of cotton remaining a serious problem for spinner? stickiness on a record low.Foreign matter, stickiness and seed-coat fragments in raw cotton continue to be among the most serious problems affecting the cotton spinning industry worldwide. This is the conclusion to be drawn from the ?otton Contamination Survey 2005?which has just been released by the International Textile Manufacturers Federation (ITMF). The

China has stopped issuing permits for certain textile products exported to the European Union (EU), an official with the foreign trade department of China's Ministry of Commerce (MOFCOM) said over the weekend. "The move is to prevent enterprises from suffering further losses (for products being blocked at the EU customs)," he said adding the ministry was calculating the quotas left over in the agreement reached with the EU. Women's blouses last week hit the ceiling following sweaters and trous

BRUSSELS, Belgium_EU negotiators will fly to Beijing on Wednesday for talks on a textiles trade row threatening fall and winter clothing lines in European stores. Some cheap Chinese clothing imports have been blocked from entering the EU after six textile categories exceeded European trade limits in July and August. Shirts, bras and flax yarn have now joined sweaters, men's trousers and blouses in overrunning EU quota limits for 2005 that China agreed to in June. Brussels is facing growing ca