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Flat knitting machinery giant Shima Seiki is targeting significant growth in sales of its Wholegarment machinery in China as the company looks to meet the changing demands of the Chinese textile industry.
Insight26 Oct 2016The Association of Italian Textile Machinery Manufacturers, ACIMIT has emphasised its commitment to creating more sustainable manufacturing methods.
INDA has published the fourth study of the South American region for nonwoven producers and suppliers, converters, manufacturers, brand owners, analysts, and raw materials and machinery suppliers.
Insight24 Oct 2016Polyester prices in China continue to rise upwards along with its intermediates (PTA,MEG, and PX), while viscose and Polyamide prices falls. Cotton combed yarns falls slightly in China despite the rise in dollar relative to the yuan, and as cotton cotlook price rise slightly by 0.51%. Indian cotton carded yarns rise as well at a faster pace than the cotlook A Index.
Weekly average Cotton prices rose 1.12% in week ending 21st of October due to sustained cotton buying from spinners and mills. Prices were stable at Rs 6050 per 37.32 up to the 20th last week before falling 0.83% to Rs 6000 per 37.32.
The manufacture of textiles for European buyers is likely to move away from its Chinese production base and move back closer to ‘home’, particularly in the technical textile markets, Lutz Walter, secretary of the ETP, has told WTiN.
America’s trade surplus in July contracted relative to June 2016 by 57.76% to $12.298 million from $29.113 million. Most of the drop in trade surplus is the result of a widening deficit in fabrics. Out of the total $25.258 million drop in trade surplus, Fabrics takes into account of $16.735 million (66.26% of total loss). Total gain from Fibers Yarns and Thread relative to June 2016 amounted to just $8.443 million leading to a net drop amounting to $16.814 million in trade surplus.
Intelligence24 Oct 2016As the digital textile industry goes through a period of change, with some of its major regional markets experiencing slowing growth. As both a level of maturity kicks in and companies also assess where their levels of current demand sit. We are seeing many new markets enter the spot light as manufactures of hardware and substrate companies alike look to maintain growth levels experienced over the previous years.