Explore ideas, evidence and developments across the textile value chain.
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Review18 May 2017Messe Frankfurt recently closed its doors on the latest editions of Techtextil and Texprocess, held on 9-12 May, in Germany. Andy Rhodes attended the co-held events.
Insight18 May 2017Danish footwear brand Glerups has signed a new supply contract with The New Zealand Merino Company. Wendy Mill tells the story behind a flourishing partnership.
Digital printing technology trade show Avanprint USA is set to debut alongside the summer 2017 editions of Texworld USA, Apparel Sourcing USA and Home Textiles Sourcing Expo in July.
Prices15 May 2017Prices of polyester and viscose staple fibres and yarns continued to drop relative to the week before in terms of yuan and US dollar as a result of overcapacity in the market. The Chinese yuan gained 0.04% against the dollar on Friday 12 May relative to the week before, placing upward pressure on the dollar price of Chinese fibres. The appreciation of the yuan was not enough to compensate for the impact of weak demand from domestic buyers. Stronger financial regulations in China worsened the prospect for fibre markets prices, as funds that can be used to prop up the market became more scarce. The supply and domestic consumption of Chinese cotton have been revised upwards, according to figures provided by the United States Department of Agriculture (USDA). The CCINDEX 3128B dropped marginally relative to the week before by Friday 12 May. Indian cotton production has been revised downwards relative to April, according to figures provided by the USDA, as a result of lower-than-expected productivity. The cotton fibre price of 29mm in Gujarat dropped relative to the week before, due to competition from imports and adequate supply in the market enjoyed by spinning mills.
