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January 18 2007 | Issue No. 320
 



17th January 2007
Highlights:

Vietnam became official member last week, making it the 150th country to join WTO. Vietnam's clothing exports saw quantum jump in last 5 years, increasing by 21% per annum. In 2005, it was US$4.8 bln accounting for 1.7% of World's clothing exports.
 
      Polyester Filament Yarn

  • PFY prices inched up 2-5 cents in Malaysia/Indonesia in the week of 12 January, despite the fall in upstream raw material prices.
  • Prices in other markets continued to remain stable, rolling over previous week’s numbers
  • POY sentiments were low in China and sales was reportedly bearish in Shengze and Changshu markets.
 
[04-Dec-08] Indian textile sector dons green colour
Indian textile industry now donning a green colour, join hands with a global industry group, led by retail major Marks and Spencer and the University of Leeds called Reducing the Impact of Textiles on...
 
[04-Dec-08] India - Long term future of textile and apparels industry is bright
Impact of recession is quite visible on all the economies of the world. Countries, those were booming in the past few years are now badly disrupted because of global financial downturn.

...
 
[04-Dec-08] Global mill use of cotton set to slide
For the first time in recent years, global mill use of cotton is set to show a sharp decline in 2008-09. This is the result of a combination of factors including slowing global economic growth, financ...
 
[04-Dec-08] Pakistan - 8.33m cotton bales reach ginneries
Some 8.33 million (8,336,235) bales of cotton have reached ginneries across Pakistan, showing a 14.57 percent increase than the corresponding period of the previous year.

A fortnightly r...
 
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