Slackness for the second consecutive day was the highlight at the Karachi cotton market running Thursday. Growers and farmers sat on their piles waiting for higher spot rate. More than 10,000 bales of Punjab quality crop were traded and the spot rate went up a little by Rs 15 per maund to close at Rs 1,865 per maund.The Trading Corporation of Pakistan (TCP) and private sector exporters however, remained active to lift maximum produce offered by the growers and farmers, traders said. TCP would re

A reviewing of garment sizing standards is set to become a priority for the Council of Textile and Fashion Industries of Australia (TFIA). "The TFIA is currently talking to a range of groups and doing some work on finding a way that standards can be updated," Van Krieken said."I'm being told that the current standards are antiquated, out of date, and causing a lot of problems for a whole range of people in the industry from producers, retailers and manufacturers."This is an area the TFIA executi

China has agreed to place duties on certain textiles to placate fears that it will flood the world with low-cost products when textile quotas officially fall in three weeks, in response to pressure from the US and Europe.The move its part of an eight-point plan the Chinese Ministry of Commerce has informed to ensure the 'smooth transition into the quota-free era'. China intends to impose tariffs on unspecified textiles on 1 January 2005 to limit exports and encourage the export of high-value pro

US apparel imports continued being stronger in October although less substantially rising than in September. Imports of cotton apparel clearly dropped while shipments of man-made fiber items sharply rose. Import prices again increased while China continued gaining ground on the US market to the detriment of Central American countries. US apparel imports from Asia already surged in October ahead of quotas' elimination in a few days. Not surprisingly, imports from China were up 35% in volume te

■Review of Last Event: The last exhibition was successfully held at Shanghai Mart from August 12-14, 2004 with a show area of nearly 20,000sq.m. More than 600 exhibitors participated in this exhibition. According to statistics, professional visitors exceeded the number of 28,000. The vice-president of All-China Association of Industry & Commerce Yiming Wang, the Former minister of China's Ministry of Textile Industry Wenying Wu, the president of Association of Industry & Commer