Textile Cotton Fabric Exporter

21 January 2009 - Amid heavily depressing news, there are however clear signs that global textile and clothing markets may stop shrinking in 2009, although not fully recovering from the economic recession experienced in the United States and in Europe. Raw material costs of textile and apparel industries are no more declining in Asia where lower inflation rates may now limit the rise in manufacturing costs. A stronger dollar and the elimination of US textile quotas should also help in offering lower-priced products to consumer in developed countries.

21 January 2009 - Apparel sales further deteriorated in December at US retail. With an annual fall of 7.15% at clothing stores, the holiday season was the worst in a large number of years and the level in orders passed by US importers should be negatively affected as a consequence.

21 January 2009 - Viscose fiber prices fell in the past weeks in Pakistan over power shortages limiting demand from the domestic textile industry. Yarn prices stayed however unchanged, due to the reduction in textile production, our Correspondent reports.