India’s cotton yarn export was worth USD 2.61 billion in 2020 and noted 8.50 percent year-on-year fall, according to the official data.
However, there were countries where India witnessed significant increase in cotton yarn exports such as Bangladesh, China, Vietnam, P
Pakistan Readymade Apparels Manufacturers & Exporters Association (PRGMEA) has appealed the government to allow duty-free import of fabric under a simple and easy procedure instead of ‘Procedure of Duty Tax Remission for Exports’ (DTRE).
AdeebIqbal Sheikeh, Vice-Chairma
Recently, Ganzhou City issued the Work Plan of Ganzhou Textile and Apparel Industry Chain (Work Plan) and introduced 21 specific measures to comprehensively promote the construction of the Ganzhou Textile and Apparel Industry Belt.
The Work Plan puts forward the development
From 8,300 yuan per ton in August last year to nearly 15,800 yuan per ton, the price of viscose staple fiber soared by nearly 90 percent in half a year!
Viscose staple fiber is currently quoted at 15,500 yuan/ton-15,800 yuan/ton, an increase of more than 4,000 yuan/ton year-
Citing the fallout from the pandemic and a subsequent decline in gross domestic product (GDP), the Indonesian government has decided to impose a safeguard tax to help the nation’s apparel industry.
The duty will range from 44 cents to USD 11.29 per piece on ready-made apparels
On February 28, 2021, the Peruvian National Competition and Intellectual Property Protection Agency’s Committee on Dumping, Subsidies and Nontariff trade barriers issued a notice stating that since the 100 percent polyester fabric originating in China did not cause material damage to Peru’