News Report On Overseas Textile Industry

< p > < strong > the Pakistan government cancelled the natural gas reduction plan of textile factories < /strong > /p >

< p > the Ministry of petroleum and natural resources of Pakistan has cancelled its plan for the supply of natural gas to textile factories in Punjab province in winter. This is because the whole Pakistan < a href= "//www.sjfzxm.com/news/index_s.asp" > the textile factory < /a > APTMA decided to reduce the demand for natural gas in winter.

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< p > the Pakistan Textile Mills Association cut the demand for natural gas supply from 450 million cubic feet per day to 100 million cubic feet per day. This sharp cut pushed the Ministry of petroleum and natural resources to withdraw the full suspension of the supply of natural gas to Punjab textile mills.

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The decision was made after the meeting of the leaders of the Pakistan textile mill association with the Federal Minister of oil and natural resources and the chief minister of Punjab province. P

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P, the leader of the all Pakistan textile mill Association, and the chairman of the Punjab branch of the Pakistan textile mill Association, led a delegation of 20 people to strive for the supply of natural gas in the winter, so that the textile industry in Punjab can produce textile products for export.

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Last month, the textile industry in Pakistan aroused great concern over the government's three month natural gas supply reduction plan in the winter. They said it would lead to the closure of many textile factories.

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< p > nearly 80% of Pakistan's textile industry is located in Punjab Province, employing about 15000000 people.

The supply of natural gas to textile factories in Punjab has been sharply reduced, from 302 days in 2008 to 114 days in 2013.

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< p > < strong > Bolivia and Vietnam agree to cooperate in textiles < /strong > /p >

P, a landlocked country in Central South America and Vietnam in Southeast Asia, agreed to carry out the December 9th joint health service in the textile sector.

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< p > at the meeting with President Morales of Bolivia, Vietnamese Vice Premier Wu Wenning suggested that cooperation between Vietnam and Bolivia in "a href=" //www.sjfzxm.com/news/index_s.asp "textile" /a ", natural gas and mineral resources can increase again.

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< p > Bolivia and Vietnam can cooperate and cooperate in many fields. For example, Bolivia has rich experience in the natural gas and mineral sector, while Vietnam has a thriving textile and clothing industry, and cooperation in these fields can be consolidated. After Wu Wen Ning's meeting with President Morales, a statement issued by Bolivia's Office of the president said.

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Morales, vice premier of Vietnam, who visited Bolivia, said that under the leadership of President Morales, Bolivia has made great progress in social and economic development, bringing benefits to the people of Bolivia and improving their quality of life.

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< p > < strong > India textile and clothing company profits from export recovery < /strong > /p >

< p > the revival of textile and clothing exports in India is reflected in the performance of spinning, weaving and clothing companies.

In the second quarter, textile companies won the highest growth, the market rebounded, export demand was strong, and rupee depreciated.

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In the two quarter of the year P, the rupee fell to 68.83 lows against the US dollar in August 28th, and the average exchange rate was 62.07.

Textile exports amounted to US $13 billion 600 million, compared with exports of US $12 billion last year.

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< p > in the past few months, exports rebounded quite well, and cotton yarn exports to China increased.

China has begun to import India cotton yarn in large quantities, though China has reduced its imports of cotton from India.

Spinning mills and textile and garment manufacturers have also gained the benefits of export recovery.

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< p > take Vardhaman textile company as an example. The export of cotton yarn and fabric accounts for 30% of the company's revenue.

In the two quarter, the company's net sales increased by 26.5% to 12 billion 795 million rupees.

Net profit increased 154% to 1 billion 778 million rupees.

Analysts say this has completely hedged the company's foreign exchange risk.

The company also has low price cotton stocks, providing help for the company, and the company will not have the burden of high priced raw materials.

This company is different from other companies.

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< p > October, India < a href= "//www.sjfzxm.com/news/index_s.asp" > clothing export < /a > increased by 31% to 1 billion 200 million US dollars.

India began to dominate the market share of competing countries, such as Bangladesh and China.

During the 4-10 months, India's exports increased by 15.5% to $8 billion 260 million.

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< p > Arvind (Arvind) and Raymond (Raymond) are all exporting cowboy fabrics and garments. Due to their high popularity, the demand for export market has increased, so they are both great beneficiaries.

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