1,023 articles in Markets · Clear
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PAKISTAN: Pakistani textile industry has only 20% share in domestic market
LAHORE: The textile industry of Pakistan is more vulnerable to global recession than its competitors as its share in domestic market is limited to 20 per cent although the local consumption of fibre i...
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Oriental Weavers proposes dividend, stock split
CAIRO (Reuters) - Egyptian carpet maker Oriental Weavers proposed a dividend of 3 Egyptian pounds per share and a five-for-one stock split to encourage more trading and widen its investor base, the fi...
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Alcotexa sells 1,600 T cotton in past week
CAIRO- Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,600 tonnes of cotton in the week that ended on February 27, an Alcotexa official told Reuters on Sunday.
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CHINA: China Linen Textile revenues increase 31.2%
China Linen Textile Industry Ltd net revenues for the fiscal year ended 31 December 2009 were $30.11m, an increase of 31.2% compared with the last fiscal year. Operating income increased from $3.96m t...
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INDIA: Carpet exports recovering
Exports of Indian carpets have grown by 8.5 percent in January 2010 compared to the last month and it is expected that the trend will also continue in the coming months, Textiles Minister Dayanidhi Ma...
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Cotton yarn export rose 50pc, NA told
ISLAMABAD: Minister for Textile and Industry Rana Muhammad Farooq Saeed Khan on told the Lower House of the Parliament that export of cotton yarn had increased by 50 per cent during the first half of...
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CHINA: Textile, garment exports expected to see single-digit growth this year
China's textile and garment export industry is likely to see growth in both revenue and profits this year, but the gains likely won't surpass 10 percent, an analyst with Shanghai-based Sinolink Securi...
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INDIA: Textile sector to see recovery in 2010
MUMBAI: The Indian textile industry, which was hit hard by the global economic recession, is all set to witness a recovery in 2010, barring cotton textile exporters who may face another challenging ye...
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Yarn exports may rise as China reduces production
LAHORE: Yarn exports from Pakistan will continue to increase until the value added sector rises to challenge other Asian cloth exporters as China is moving away from yarn production because of high co...
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Textile And Apparel Trade Deficit Shrunk In 2009
Year-end data released by the U.S. Department of Commerce show that the textile and apparel trade deficit fell by 13 percent in 2009. Manufacturing industry trade officials say, however, that the decl...
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India not to curb cotton exports despite price rise
MUMBAI: India will not curb exports of cotton despite a surge in domestic prices that has undermined margins of textile makers still recovering from the financial crisis, a senior government official...
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125 million U.S. dollars in exports of Egyptian cotton in 23 weeks
Eng Tharwat Menyawi Chairman of the Board of Arbitration and Cotton Tests that the value of total export deals for Egyptian cotton amounted to $ 125 million so that the twenty-third week of the curren...
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Egypt's Kabo 6-month net loss at 2.6million Egy. pounds
Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of 2.6 million Egyptian pounds for the six months to end-December, the stock exchange said on Thursday.
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Egypt's Alcotexa sells 49 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 49 tonnes of cotton in the week that ended on Feb. 13, an Alcotexa official told Reuters on Monday.
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An integrated strategy involving all the productive sectors to double exports
Mr. Rashid Mohamed Rashid ( Minister of Trade & Industry ) confirmed that the government starts in implementing the national strategy that has been adopted from the prime minister Mr. Ahmed Nazif afte...
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Egypt: Although the financial crisis, 6% growth in Ready- made garments Exports
Exports of ready-made garments has recorded a growth rate of 6 % last year despite the repercussions of the financial crisis Which overshadowed on all countries exports where it reduced by 20 % . Mr....
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CHINA: China's textile industry output rises 10%: CNTAC
BEIJING: China's gross output value of textiles rose by 10.3 percent last year, said vice president of China National Textile and Apparel Council (CNTAC) Shen Kunyuan Wednesday.
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Egypt: Discontinuation of working with indicative prices for garments and textiles
it has been decided to stop working with indicative prices at the customs release on garment and textile,until it is revised and studied with both federal chambers of commerce and industries and custo...
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TUNISIA: Tunisian textile and clothing at Paris International Lingerie Exhibition
With a view to promote Tunisia’s position as a major exporter in the textile and clothing sector, seven Tunisian enterprises led by the Tunisian centre for the promotion of exports (CEPEX), took part...
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Colombian textiles and fashion trade fair in Medellin
The Colombian Institute of Export and Fashion (Inexmoda) will be launching its 22nd annual "Colombiatex de las Americas" trade fair in Medellin on Tuesday. With the hope of bringing together various s...