SRIL and PBRX Issue Global Bond

Textile Stakeholders Request Strengthening Industrial Integration

Parliament Asks to Control Illegal Importation of Textiles

IKATSI Reveals Details of Import Violations

MOI Optimizes Sustainable Resources For Industrial Production

Britain Will Ban Imports From China

RPP on Industry and Trade is Less Favorable to Local

Textile Industry Optimistic Could Recover This Year

Trade Surplus, Textiles Industry Still in the Red Zone

APR Encourages Supply Chains as the Focus of the Road Map

Pakistan's Exports to Indonesia Supported by Textile Products

ARGO Optimistic Will Improve Performance in 2021

APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports

Stake Holder : Textile Industry Needs Fundamental Changes

 

 The Small and Medium Industry (IKM) of Majalaya, Badung Regency screamed because the price of yarn as a raw material has skyrocketed in recent months. Rohimat, one of the entrepreneurs of the Majalaya Textile IKM, said that in the last 3 months the price of raw materials for making cloth has increased significantly. "For the past 3 months, yarn prices have continued to rise. The average increase is between 25-30 percent," said Rohimat, Monday, June 6, 2022. He gave an example of the price of white polyester yarn from the original only Rp. 28.000/kg which rose to Rp. 33.000/kg. Even with TE, which was originally only Rp. 24,000/kg, now it has increased to Rp. 35,000/kg.

 

The government is asked to be consistent in seeking to optimize the economic potential of the country's textile industry this year in line with the improving situation after the Covid-19 pandemic.  According to the Executive Director of CORE Indonesia, Mohammad Faisal, the government needs to be consistent in providing various incentives to the textile industry, which must be prioritized because it is included in the priority industry category. "The government already has priority industries and one of them is textiles. The incentives should follow these priorities. Policy consistency from the government is needed," said Faisal, Monday (6/6/2022).

 

PT Trisula International Tbk (TRIS) pocketed sales in the first quarter of 2022 worth Rp 324.96 billion, an increase of 26.7% compared to the same period last year. This growth was contributed by export sales which increased 58.7% (year on year/yoy) in line with the recovery in the global economy and the company's export market demand in the United States, Australia and New Zealand. TRIS's export sales, which contributed 69% of total sales, were dominated by these three countries. The opening of social restrictions in these countries played a major role in the company's performance because there was a significant increase in demand. TRIS recorded a 69% increase in sales to the United States in the first quarter of this year, and a 31% increase in sales to Australia and Zealand .

 

The rise of used Thrift clothes that has flooded the Indonesian market has created something new, especially for teenagers, recently, used thrift clothes have become a hit activity and are even in great demand. Where we know that lifestyle is closely related to the demands of every teenager to look fashionable, as a form of validity and form self-identity. It is undeniable that used clothes that are consumed are becoming popular among today's youth, especially those who live in big cities. The thing that grabs the attention of teenagers so they prefer thrifting used clothes instead of buying new clothes at the Mall or well-known clothing store, namely through the word Thrift which comes from English which means that minimizing / reducing waste or in short can be said as financial savings. Usually, we can find used Thrift clothes at the used clothing market or exhibitions that sell used goods.

 

The West Java Indonesian Textile Association (API) said the waste that pollutes the Cimeta River does not necessarily come from the textile industry. Public Relations of West Java API Nia Alamanda said the responsibility for waste is not only on the textile industry, but also on other companies. "Based on the information we got, the task force also intervened in the waste research, so it is not certain that the waste came from the textile industry, let alone intentionally dumping waste in the Cimeta river and harming the surrounding environment," Nia said, Friday (3/6).