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Honduras plans to becomes a hub for sustainable textiles in the Western Hemisphere

admin July 23, 2017 0

Honduras a small Central American country is taking significant steps towards textile: Contributes 0.8% of global textile exports Number two textile exporter in the region by value just behind Mexico, and Number one exporter of t-shirts to the US market. It has newly launched ‘Honduras 2020’

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Impact from G20 Summit on PTA plant operation

admin July 23, 2017 0

On May 11th, 2016, the Housing and Urban-Rural Development Hall of Zhejiang Province issued documents regarding shutdown of manufacturers in and nearby Hangzhou where the G20 Summit will be held during Sep 4-5. According to the documents, Zhejiang Province is divided into three areas: core area, strict-control area and control area. Manufacturers are required to […]

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India recommends anti-dumping duty on Bangladesh jute products

admin July 23, 2017 0

The India’s Directorate General of Anti-Dumping and Allied Duties (DGAD) that works under the Indian federal commerce ministry has recommended anti-dumping duty on certain jute products from Bangladesh and Nepal. Currently, under the South Asian Free Trade Area (SAFTA) agreement, Bangladesh jute and jute goods have zero-duty benefit on export to the Indian market.

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Fiber Updates

admin July 23, 2017 0

1) PSF producers in few markets of China raised offers. PTA futures market was adjusted in a small range, and the overall polyester market was under strong correction as a result there was increase in PSF offers by around 50-100 Yuan/ton.  2) VSF prices remained firm. VSF producers generally stuck to their fresh offers, while […]

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Fancy Yarn Innovation

admin July 23, 2017 0

Fancy yarns have been essential components of modern fashion and have been gaining more reputation in the clothing sector, especially denim, and in furnishing and draperies. Demand for intricate fabrics with distinguishing characteristics is growing, winning larger shares of the textile market. Marzoli has been the 1st manufacturer to introduce a fully integrated fancy

TBW reports

Duty Drawback Rates Increased to Boost Export

admin July 23, 2017 0

Government has recently raised the duty refund rates on a readymade garments such as certain MMF yarn/ fabric (chp 54, 55), readymade garment made of cotton, wool & cotton with lycra (chp 61, 62), made-ups of cotton/ MMF (chp 63), hand tools (chp 82), etc. in order to promote exports. These revised rates are based […]

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Garment Updates

admin July 14, 2017 0

Bangladesh produced cotton meets only 2-3 per cent of the domestic garment industry’s demand. Bangladesh produced 0.16 million bale fiber cotton in 2016-17 fiscal. To meet the growing demand of the garment industry, government has to spend around $4.5 billion a year to import cotton. India’s garment exports are expected to register a 15-18 per […]