Textile Briefs International


1.  Bangladesh after days of labour unrest that forced the closure of hundreds of factories in Bangladesh have agreed to a US$73 minimum monthly wage for the country's four million garment workers.    

2.  Latest statistics show that China's exports of textiles and garment dropped by 1.7% year-on-year in 2016, in which, the export of textiles grew 1.9%, that of garment declined by 3.9%. The December exports dropped by 6.7% from a year earlier, in which, the export of textiles grew 0.1%, while that of garment dropped by 10.6%. 

3.  Egyptian government will not offer any form of subsidies for cotton farmers or spindles during the next season. The government believes that long staple cotton cultivation is very expensive with little or no demand for it either domestically or internationally.

4.  The E-textiles market is growing at a rate of about 36.2% due to its increasing application across varied industries such as defense, healthcare, and sports among others.

5.  The Cotton Advisory Board of India has forecast all-India cotton yield to increase to 568.29 kg per hectare compared to last season's 483.79 kg. The average per hectare yield for south zone is forecast at 690.88 kg while it is 668.06 kg in north zone. The yield is expected to go up to 512.12 kg in central zone.

6.  Morocco produced one billion pieces of fabric per year by 175,000 workers (30% of all industrial jobs nationwide) in 1,600 local companies, 31.4 billion Moroccan Dirham of exports.The textile industry is one of Morocco’s most powerful economic segments and Europe’s seventh largest textile supplier after China, Bangladesh, Turkey, India, Cambodia and Vietnam.   

7.   Ethiopia has managed to attract investment from ten large Chinese companies, according to EIC commissioner Fitsum Arega. About half of these are in textile and apparel manufacturing, and this includes Jiangsu Sunshine Group, which has decided to invest nearly $1 billion in Ethiopia.    

8.  The textile and garment sector of Vietnam is aiming at total exports of US$ 28 billion in 2015. In 2014, Vietnam’s textile and garment industry witnessed good growth in exports and they reached $24.5 billion, up nearly 16% compared to 2013.

9.  The Government of Nigeria has allocated N51 billion ($162.034 million) in this year’s budget for development of the country’s garment and textile industry. The budget allocation is part of the Nigerian government’s efforts to promote the garment and textile sector to create jobs, diversify its economy, and to increase the use of ‘Made in Nigeria’ clothing.

10.  U.S. cotton plantings could be up nearly 10 percent to 11 million acres this spring, judging from grower responses to the National Cotton Council's 36th Annual Early Season Planting Intentions Survey. Upland cotton intentions are 10.8 million acres, up 8.8 percent from 2016, while extra-long staple intentions of 266,000 acres represent a 36.9 percent increase.

 

 
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