Home / Knowledge / News / Textiles / End discrimination in minimum export price - APTMA
End discrimination in minimum export price - APTMA
02
Mar '10
The Chairman of All Pakistan Textile Mills Association (APTMA) (SB Region) has demanded that the minimum export prices of towels should be revised since the current export price of towels is lower than the minimum export price set for yarn exports.

The Ministry of Textiles had recently revised the cap on yarn exports to 35 million kg per month as well as revised the minimum export price of cotton yarn to US $3.5 per kg and which can be exported without any quota restrictions.

Yasin Siddik, said that, on the other hand, the average export price of the towel sector stood at $3 per kg in the previous four months. He added by saying that, these items are considered value additions and can be shipped without any quantity restriction and are also entitled to export refinance.

He requested the textile ministry to revisit the minimum export price for all categories of textile goods and to enforce them without any discrimination and also that the minimum export price of yarn, should be brought down to $2.7 per kg.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Textiles | On 18th Jan 2017

Schoeller unveils water-repelling fabric ‘bling’

Schoeller textiles, Swiss textile company, has released its new...

Textiles | On 18th Jan 2017

China lays out plan to boost foreign investment

The Government of China has outlined measures to boost foreign...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search