Explore ideas, evidence and developments across the textile value chain.
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News15 Sept 2014Cotton futures lifted strongly last week, with the most active December cotton contract on ICE Futures US climbing 2.69 cents, or 4.12%, to 68 cents per lb.
News15 Sept 2014Pakistan cotton values lifted last week, as the Karachi Cotton Association (KCA) spot rate changed for the first time in around three weeks.
The trading volume in China’s Keqiao Textile City (a huge production and trading hub in Zhejiang province) fell significantly for a third successive month in August, with a drop of 24.75% from the previous month, to 233.7 million metres.
News11 Sept 2014The strong upturn in demand from Europe for China's textiles and garments is showing no signs of slowing down. According to China Customs, China's exports of textiles and apparel to the European Union during July reached US$ 7.44 billion, up 22.17% on the previous month and 21.10% up on the same period of 2013.
Two new textile machinery exhibitions due to be held in Turkey in October are expected to provide a significant boost to the country’s textile industry as it seeks to expand its range of machinery across its long textile and clothing supply chain.
Dr Imran Patel, who has organised a number of textile conferences in Turkey, and is an expert on the country’s textile and clothing industry, said that he believes Uniqlo’s plans to source such a high volume of textiles and clothing from Turkey would provide a significant boost to the industry.
Prior to the summer holidays in Europe, Chinese and Mongolian cashmere prices remain stable, according to reports from the Schneider Group, even though some spinners are making contracts for delivery from September onwards to cover their needs. In Iran, the situation is totally different.
After the previous week’s falls, Chinese and Mongolian cashmere prices remained unchanged last week, according to reports from the Schneider Group. It said that prices are expected to stay at the same level for some time, or at least until a firm demand is confirmed.
The Australian wool market entered the three-week recess (July 14-28) with a strong upturn, as the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) rose by 8 cents on the previous week’s sale (July 3).
A member of the Turkish Knitwear Industrialists Association (TRISAD) board of directors has called for Turkey’s entire knitwear industry to be located as a cluster in Anatolia, away from major cities such as Istanbul. The call comes from Irfan Yolcular, who as well as being on the TRISAD board is president of Istanbul-based Nıt Orme, which specialises in the production of spare parts as well as the supply of technical, design and consultancy services to the Turkish knitwear industry.
The Istanbul Chamber of Industry (İstanbul Sanayi Odası - ISO) has identified actions the Turkish textile industry should take to capitalise on its potential, including an increase in research and development (R&D) and recruiting more skilled workers.
The textile industry in the Kahramanmaraş region, which lies in south-eastern Turkey and is one of Turkey’s most important textile-production hubs, is growing strongly through investments encouraged by a government incentive scheme. Growth is focusing increasingly on technical textiles.
