New York futures advanced this week, with December gaining 146 points to close at 64.50 cents/lb, while March moved up 114 points to close at 63.02 cents/lb. Persistent spec buying lifted the December contract to a high of 66.04 cents ...
Tags: grains markets, New York futures, Textile
While, New York cotton futures for the November trading month tended to be firm, the CIF Bremen Index remained almost unchanged in the current week. According to reports, various reasons were said to contribute to the strong December NY ...
The garment and textile sector in Vietnam has to work towards maintaining its market position, in order to prevent declination, according to Hoang Ve Dung, the deputy general director of the Vietnam National Textile and Garment Group ...
Tags: Vinatex, Market Position, Textile
Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Foreign Trade Policy, Apparel
Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
Reported earnings per diluted share in the third quarter of 2014, at producer of speciality chemicals and NYSE-listed - Eastman Chemical Company, slipped 29% year on-year. “Reported earnings in the third quarter of 2014 stood at ...
Tags: Eastman Chemical, fibre segment, Textile
Knitwear exports from the south Indian textile hub of Tirupur registered revenue of Rs. 10,050 crores in the first six months of the ongoing fiscal year 2014-15, growing at 16 percent compared to exports of Rs. 8,650 crores during the ...
Tags: Tirupur Knitwear Exports, Apparel
In October 2014, Brazil exported 148,500 tons of cotton, which is the highest monthly volume in the last two years. “This might result in a higher volume of exports in the year, than the one forecasted up until now by Conab, at ...
Tags: cotton prices, Cotton Exports, Textile
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
The garment industry in Ho Chi Minh City (HCMC), Vietnam, is in need of additional skilled workers in order to achieve the target to become a garment supply hub for the southern region and the nation’s fashion centre by 2020, ...
Tags: garment industry, Skilled Workers, Apparel
Recent USDA reports have left some unresolved questions about the magnitude of planted and harvested acreage of corn and soybeans in 2014. The questions stem from the large differences between the planted acreage estimates from the National ...
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
The Indian discount fashion chain Brand Factory has introduced an Ethnic Wear Festival offering an eclectic range of over 2.5 lakh womenswear pieces. Slated to run from November 15 to 30, 2014, the festival offerings include a wide array ...
Tags: Ethnic Wear Festival, Apparel
Retail sales of sporting goods in October increased 1.2 percent seasonally adjusted month-to-month and 3.6 percent unadjusted over 2013, according to an analysis of government data by the National Retail Federation. Overall retail sales ...
Tags: sporting goods