Explore ideas, evidence and developments across the textile value chain.
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Insight7 Feb 2017The Chinese New Year kept recorded cotton prices stable the week ending 3 February. On Friday, price levels jumped 0.88% relative to Monday’s price, to 15,938 yuan per tonne. Meanwhile, cotton yarn export prices in Taiwan also remain stable. Open-ended cotton increased 2.5% on 7 December to $2.05 per kg from 2.00 the week before on 30 November. And US cotton prices continue to move upwards. In the week ending 27 January, the 5-day average price continued to rise by 1.96% to 83.22 cents per lb.
Insight3 Feb 2017Private equity fund management company, Wise SGR has announced the creation of Imprima S.P.A., the first global holding company dedicated to innovation in the textile printing and finishing sector. Investing in this sector, Wise has acquired 100% of the German printhouse KBC and the Italian manufacturer Guarisco, and is preparing for further acquisitions in Italy and elsewhere in the near future.
