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Hong Kong's trading in cotton denim fabrics continued soaring in the first half, boosted by higher sales to China and to other low-cost countries such as Bangladesh. Hong Kong's denim exporters are taking advantage of the rebound in Asian clothing production in the post-quota period. Unit values fell in the first part of the year in addition, partly due to lower cotton prices.
Hong Kong's re-exports of cotton denim fabrics (HS 520942) were up more than 32% in volume terms in the first part of t
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Vietnam's footwear exports rose in July to reach $300 million in revenue, a 20 percent rise comparing the same period of last year, informs Ministry of Trade.Total export turnover for the initial seven months of this year was over $1.7 billion, and the industry is likely to reach export turnover of $3.4 billion this year, despite the dumping suit was filed against Vietnamese producers by European footwear makers.The ministry credited the optimistic performance to entry in Netherlands, Taiwan, Ja
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According to the official website of the Chinese Ministry of Commerce (MOC), the European Union (EU) will not permit import of China-made trousers shipped from July 12, 2005. The German Association of Importers of Finished Goods had sent a notice to MOC that the new data released by the European Commission (EC) shows that on August 9 the export quota of China-made trousers to EU had surpassed the maximum limit of 104,405,000 agreed on June by the two sides. The Association has joined other Europ
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Acrylic fibers have entered a phase of a steep rise for the first time since 1995. Rising prices last year maintained their upward momentum. In the prevailing environment, however, it is difficult to increase finished products prices.
This report covers acrylic fibers and Modacrylic fibers, with special emphasis on acrylic fibers. Acrylic fibers are a fiber composed of long-chain synthetic polymers including at least 85% by weight of a repeating unit of acrylonitrile groups. Modacrylic fibers
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THE Government has set out the guidelines for the `Scheme for Integrated Textile Parks (SITP)', aimed at establishing 25 new textile parks of international standards with world-class infrastructure facilities and based on public-private partnership.
Born out of the merger of two extant schemes - the Scheme for Apparel Parks for Exports and the Textile Centre Infrastructure Development Schemes - the SITP gives the option for switchover to the new scheme to the ongoing projects under the earlier
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Germany on Monday joined a growing chorus of European countries asking Brussels to relax curbs on Chinese textile exports. Retailers now expect that women's blouses and bras will soon join the list of clothing items blocked in transit between China and Europe.
The shipment difficulties have arisen since China breached its 2005 export quotas for sweaters and men's trousers, two of the 10 categories covered by a China-EU textiles agreement signed in June.
By on Monday, China had exhausted 89 per
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WASHINGTON (AP) - When U.S. and Chinese textile negotiators sit down Tuesday, the Bush administration's effort to help beleaguered American manufacturers could end up costing consumers some of the sweet deals they have been enjoying on clothing prices.
Some experts say America's clothing bill could rise by $6 billion US or more annually if domestic producers get what they want - a comprehensive deal limiting a broad array of Chinese imports.
Gary Hufbauer, a top trade expert at the Institute f
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The government is seriously mulling lease of 19 state-owned textile mills that have taken Tk 5 billion credit from bank, to private parties to operate them on no-profit no-loss basis. Senior official of the jute and textile ministry informed that ministry is processing tenders to lease out. The ministry has already received some proposals.Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) intends to utilize yarns produced by these mills, since the government has decided to opera
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After surging with the end of quotas, US textile imports from China stabilized in the last three months. Shipments even fell in a large number of categories, mainly due to seasonal factors and a continued decline in US textile consumption.
US textile imports from China are showing no signs of further surging. After jumping in a large number of categories in the first post-quota months, shipments were stabilized at their current level.
Entries even fell in July for certain categories as reflect
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The China Leather Association stated that nine Chinese leather shoe producers have been selected by the European Union (EU) for a model survey for an anti-dumping charge. A senior official of the association, Su Chaoying informed that the survey is only a preliminary one.The association and the chamber of commerce are consulting with enterprises preparing to give feedback to the EU, he added. The sampling includes five companies in Guangdong Province, two in Fujian Province, one in Zhejiang Prov