Cotton prices stabilized in China in the past week after surging in the prior period. The low level in stocks and an urgent need for cotton could result in higher cotton prices in the short term, however. Cotton futures continued rising in Zhengzhou, although less sharply than in prior week. Cotton prices did not further increase in China in the past week. Average 328 grade only gained 11 yuan per ton or 0.09%, reflecting a rise to 12,039 yuan on Friday before the main indicator in China retr

The European Union could impose additional anti-dumping duties up to 80% on imports of polyester staple fibers from China, EU's Commission just proposed following a 1-Year investigation. Duties of 21% on PSF imports from Saudi Arabia were also suggested. Taiwanese fibers would no more be punished while duties on Korean PSF could be lowered. Brussels is going to suddenly put an end to China's threat on EU's market for polyester staple fibers. EU's Council of Ministers will have to decide Afte

This season, reports indicate sharp decline in the arrival of jute from Bangladesh, via official and non-official channels.For years now, Bangladesh was a leading supplier of traditional jute but could send barely 200,000 bales against yearly average availability of 6-700,000 bales.Media sources indicate fall in the jute output of Bangladesh resulting in less arrivals from there during the current 2004-05 season.They say Bangladesh was facing acute shortage in availability of fibre within the co

The EU and Ukraine have today signed a bilateral Free Trade Agreement (FTA) on trade in textiles. Under this agreement, the last remaining restrictions to trade in textiles and clothing products will be lifted, and both sides agree to matching low levels of customs duties. Although quantitative restrictions were already lifted in early 2001, the agreement ends import and export licensing requirements for all textiles and clothing products. EU Trade Commissioner Peter Mandelson said: "This agreem

Legislation is underway to regulate the textile industry, according to Textile Minister Mr Shankersinh Vaghela who informed the Rajya Sabha today.To safeguard the interests of the domestic industry,in a written reply the Minister informed, "The Government is in the process of formulating a legislation, which would, inter-alia, protect the interests of domestic textile industry and the consumers by prescribing markings on domestically produced and imported textiles." Relying to a starred question

About the show The 30th International Fur Fair of Kastoria is a favourite in the fashion shows of all large and famous fashion houses worldwide, and a must-have article for every modern wardrobe and are renowned in the international fur market. Buyers attending the fair are expected from Italy, the US, Spain, France, Russia, Canada, England, Argentina, Australia, Austria, Denmark, New Zealand, Hungary, Finland and Greece. Venue Exhibition and Auction Fur Center Marketing Manage

Famous fashion designer Nicole Miller will launch her exclusive bridal collection on March 6, 2005 at her boutique on 780 Madison Avenue. Enjoy champagne and hors d?euvres while browsing through luxurious double face silk bridal gowns with hints of lace and beading. For over twenty years, Nicole Miller has remained a principal of America? design elite. Her following is celebrity driven and far-reaching thanks to elegant designs that appeal to an array of customers. Established celebrities Jennif

US imports of cotton sheets continued sharply increasing in 2004 although prices significantly rose at the same time. India gained new market shares thanks to its quota-free status, while new suppliers surged from nowhere. Pressure from Pakistani suppliers could be extremely high this year after US quotas were eliminated. A radical change may be expected on US import market for cotton bed sheets (category 361). Taking advantage of its quota-free shipments to the US market, India occupied the

Taiwan's apparel exports fell in 2004, depressed by higher costs and a rise in the Taiwanese dollar in US$ terms. Sales to quota countries already declined while shipments of lower-priced articles to Asian markets were significantly rising. Largest groups intend further relocating facilities to China and Vietnam, as a consequence. Taiwanese apparel companies more than ever need transferring their production capacities to low-cost countries. After labour costs steadily rose in the past two dec

In order to accelerate the trade between two countries, particularly in the fields of beef, leather, skin and textiles Sweden has sent two representatives last week on a fact finding mission.They also discussed the state of trade relations between Namibia and Sweden and how trade links could be strengthened.An 'Open Trade Gate Sweden' has been floated with the Swedish initiative and the Swedish embassy last week hosted a seminar aimed at inviting Namibian producers interested in exporting their