Explore ideas, evidence and developments across the textile value chain.
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Review14 Nov 2017Strengthening links between educational institutions and the UK textile manufacturing industry was the purpose of a two-day conference for final-year textile degree students
Insight14 Nov 2017Innovation starts with the consumer – which is why the nonwovens industry continues to up its focus on health and well-being
The Pakistan textile industry is worried that a potential free-trade deal with Thailand, now under discussion, may cause more harm than good to Pakistani manufacturers
Prices13 Nov 2017In Pakistan, the cotton market feared a shortage in supply of quality cotton, leading to intense competition for existing bales in the market,and driving prices up steeply week-on-week. According to latest figures provided by the United States Department of Agriculture, however, the stock-use ratio is expected to rise, meaning a downward pressure in cotton supply in the long-term, as year-on-year gain in domestic production offsets the year-on-year drop in initial reserves in the country. Exports are expected to more than double year-on-year, tightening Pakistan’s trade deficit, while domestic demand is expected to expand 2.9% year-on-year. Even so, the tightening of cotton trade deficit year-on-year and drop in initial reserves was not enough to offset the year-on-year drop in production deficit. In China, prices dropped marginally week-on-week and rose 2.5% year-on-year. Over time, year-on-year growth in the price level of CCINDEX cotton has slowed, with prices having a stable trend since mid-September. According to figures provided by the USDA, the total supply of cotton is expected to fall year-on-year due to a year-on-year drop in initial reserves offsetting a gain in production and imports. Domestic demand is expected to rise, diverting cotton supply away from exports. A year-on-year drop in stock-use ratio shows long-term pressure towards higher price levels. India’s filament yarn production increased 4.5% year-on-year in 2017 up to August, according to provisional figures provided by India’s Office of Textile Apparel. A boost in polyester filament yarn production continued to offset the year-on-year drop in viscose and polypropylene filament yarn production. Nylon filament yarn production also contributed towards the year-on-year increase in total filament yarn production in India.
