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Showing posts from December 15, 2008

U.S. Apparel Imports in January-October 2008

12 December 2008 - US apparel imports did not decline in October for the second consecutive month, latest official data are indicating. China is definitively back on the US market, ahead of the full elimination of textile quotas on January 1st. Imports from Bangladesh and Honduras are also surging while slowing down from Vietnam and still stagnating from India. Knit apparel imports are much stronger than woven apparel imports, as reflected by our series of statistical tables.

Wool Market Prices in Australia, South Africa and New Zealand

12 December 2008 - Wool prices slightly rose in US$ terms this week, as a clear sign that the Australian market probably reached a bottom. Demand remained very firm with only two sessions remaining before the Christmas recess. China still needs filling its quotas while Australian growers partly retain their wool until prices start recovering. Prices also rose in South Africa while being mixed in New Zealand.

Latest Regulations Regarding Textile Trade

12 December 2008 - E.U. Commission: Textile imports from China: end of double checking system. GSP-+ in 2009-2011. - Hong Kong-China: Allocation of US Textile Quotas. - U.S. CITA: Textile Quotas' Elimination : end of ELVIS. - U.S. ITA: New Trade Advisory Committee. Anti-Dumping duties on Korean