| Paksitan : PRGMEA recommends renewal package for textile sector (November 10, 10)|
Ejaz Khokhar – the recently elected central Chairman of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has recommended a renewal package which includes limiting the prices of utilities for industry, removal of Export Development Fund (EDF), immediate collection, elimination of taxes together with the Reformed General Sales Tax, special mark up rate as well as unobstructed flow of raw materials to the textile auxiliary industry.
| Pakistan : PTEA pleads for duty free import of polyester yarn (November 10, 10)|
Massive floods in Pakistan have devastated 20 percent of the cotton crop in the country. Pakistan Textile Exporters Association (PTEA) has urged the government for duty free import of polyester yarn to make up for this loss of cotton, and also the 30 percent deficit of polyester yarn in the country.
| India : High yarn prices impact clothing delivery schedules (November 10, 10)|
Christmas and New Year are just around the corner and going by past experience, this should have been busiest time for all garment exporters from India, as they have to ship the inventories ordered by the retailers, well in time, so that it hits the shelves, before the shopping for the festivities begin.
| Pakistan : Cotton prices keep scaling new highs globally; on domestic market lint prices reach Rs 9,300 mark; spot rate Rs 8,900 (November 09, 10)|
Domestic as well as foreign conditions kept lint price in Pakistan skyrocketing during the week ended on November 6, 2010, as spot rate soared gaining Rs700 until Friday at Rs 8900, dragging rate in ready to record Rs9300.
| Pakistan : Textile industrial units: massive closures likely in the absence of enabling environment (November 09, 10)|
Can government ensure enabling environment for textile industry to grow and meet the export target of 25 billion dollars by 2014 as per the first-ever-Textile Policy of Pakistan? If the answer is no, then the government should be ready for massive closures of industrial units, especially, when the textile industry is already bleeding fast due to energy and financial constraints.
| Pakistan : Cotton prices soar to record level (November 09, 10)|
The spot rate of cotton hit a historic high Monday when deals changed hands at Rs 10,600 per maund in upper Sindh while spot rate reached Rs 10,000 per maund mark, traders at Karachi Cotton Association (KCA) said.