Explore ideas, evidence and developments across the textile value chain.
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Insight3 Jan 2018As much as US$200m is to be invested by the Russian government in the local manufacture of raw materials used by the domestic textile industry over the next two years (2018-19)
Review3 Jan 2018The Business Coordination House (BCH) of India recently closed what has been described as 'the biggest and most successful' event to date for the Indian disposable hygiene sector
E-textiles, wearable technology and smart garments are on the rise, according to a recent report by research company IDTechEx
Prices18 Dec 2017Recent figures provided by the United States Department of Agriculture show cotton demand and supply were revised downwards in Pakistan for the 2016/17 market year, relative to projections made in November. Downward revision in supply was driven by a downward revision in domestic cotton production, which more than offsets the upward revision in imports. Downward revision in demand was mostly from the domestic market, as exports fell by a relatively smaller amount compared to domestic consumption. The price of Karachi cotton in Pakistan spiked upwards in the face of tight supply in the market, as it increased 6.1% relative to the week before. In India, both cotton production and trade surpluses were revised downwards by the United States Department of Agriculture. The downward revision in production surplus was due to opposite movements of expected domestic production and consumption:expected domestic production of cotton for this market year was revised downwards, while domestic consumption of cotton was revised upwards. When it comes to cotton trade, the downward revision in trade surplus was due to a downward revision in cotton exports while expected cotton imports remained stable. According to provisional figures provided by India’s Office of the Textile Commissioner, man-made staple fibre production in India dropped 3.6% in 2017 up to October, relative to the same period year before, as a year-on-year drop in polyester staple fibre production continued to offset a gain in viscose staple fibre production. The US Federal Reserve recently raised interest rates to 1.5%, increasing the value of the greenback relative to global currencies, and placing downward pressure on the dollar value of manmade fibres and yarns in China and Pakistan.
