Textile Cotton Fabric Exporter

19 December 2008 - Spun yarn prices were mostly stable over the last two weeks in China, after sharply falling in November. Viscose yarn prices are however declining in line with lower staple fiber prices. By contrast, a slight rise in polyester and cotton prices is offering some support to prices of related spun yarns.

19 December 2008 - U.S. Congress: Appropriations Bill: Funds for Monitoring Apparel Import Prices from China. - EU Commission: Agreement with Belarus. Amending GSP Regime of Cambodia, Laos and Nepal. GSP + List of Beneficiary Countries. - Hong Kong: China's Guidelines for Wholesale Textile and Apparel Trade. - U.S. Department of Agriculture: Changes in Chinese Customs Regulations. - U.S. Customs: Presidential Declaration related to AGOA. - U.S. CITA: Textile Limits under HOPE (Haiti). - Mexico: Actions after elimination of compensatory textile tariffs on imports from China.

19 December 2008 - Wool prices finished the year on a weak tone with prices significantly increasing in US$ terms while falling in A$ terms and plunging in euro terms. This is the result of dramatic changes on the foreign exchange market and clearly not favoring wool sales. Operations will now resume next year after a 3-week recess.