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A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
The eighteenth and final British Wool Sale of the 2014/15 season was held by the British Wool Marketing Board on June 9 and offered 1,253,512 kilos.
The final sale of the 2015 summer season took place on June 9 with 124,232 kilos on offer, of which 92% sold. The season ended at stable levels, with the average market indicator closing unchanged from the previous sale on R194.23 per kilo.
The German government is promoting the concept of Industry 4.0, predicting nothing short of a revolution in smart industrial production, including in textiles – and aspects of this visionary project will be promulgated at the 9th International CFK-Valley Stade Convention, which opens tomorrow in Stade, Germany. This annual event for the Carbon Fibre Reinforced Plastic (CFRP) sector, covering applications in lightweight engineering materials, will take as its theme ‘Industry 4.0 for Composites’.
Insight15 Jun 2015At the sale on June 10, the wool market maintained its recent gains and the Cape Wools Merino Indicator gained a marginal 0.9% on last week to close at R141.20 per kilo clean. This is 26.5% higher compared to the opening sale of this season. On the Australian market, the indicator increased with 2.0%. The Cape Wools All-Wool Indicator gained 0.9%.
Insight15 Jun 2015The North Island offering this week, made up predominantly of short coarse second shear wools, saw prices ease when compared to the more varied and longer South Island selection at the last sale on June 4, despite this week’s weakening New Zealand dollar.
Insight15 Jun 2015The Australian wool market eased a little at this week’s sale, with the Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) coming back 17 cents to close on 1,356 cents per kilo clean on Thursday, June 11. In US dollar terms, the EMI fell by 9 US cents to 1,052 cents per kilo.
Insight12 Jun 2015The Cotton LEADS programme has been going from strength to strength since its conception in 2013, and today, it has more than 300 partners from across the global supply chain. With the recent addition of HanesBrands, Jo-Ann Fabrics, Kohl’s and Life Is Good, WTiN caught up with Mark Messura, senior vice president of supply chain marketing at Cotton Incorporated, to discuss the role of Cotton LEADS and the importance of supporting sustainability in the cotton industry.
According to the speech delivered on June 11 by Mr Yin Jian, an official of the China National Development and Reform Commission, central government will reduce its huge cotton inventory by releasing the commodity back to market before the new crop season.
Technical12 Jun 2015The selection of digital textile-printing systems by any textile printer is a long and complex process that requires many detailed discussions between the printer and the machinery supplier. These will encompass everything from pretreatment of the textile, to digital printer performance, overall reliability, print-head life and, of course, detailed cost comparisons between digital and analogue screen production as they apply to that specific textile-printing factory.
Insight12 Jun 2015A free-trade agreement signed on May 30 between Vietnam and the newly-minted Eurasian Economic Union (EEU), comprising Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan, has been greeted with optimism by Vietnam’s garment and textile exporters, albeit with caution.
Insight12 Jun 2015Sri Lanka’s government remains positive about the possibility of regaining its Generalised System of Preferences Plus (GSP+) concession status from the European Union, which would probably boost the country’s knitwear exports. This privileged trade access status might help the country’s clothing industry achieve an ambitious target of earning $8.5bn from exports by 2020.
Insight11 Jun 2015In China, the cashmere market is becoming a bit more active than last week, the Schneider Group has reported. According to Schneider, most buyers are from the Hebei area and whilst they don’t appear to have orders for the dehaired materials currently, they are conscious of the fact that the prices are currently on the low side and they are seeing this time as the right time to buy. The prices have remained firm this week.
Technical11 Jun 2015Over the past few years an increase in the use of polyester fabric has been evident in the fashion printing market. Polyester, and especially recycled polyester, is labelled as ‘greener’, even compared to cotton. Fibre prices are down as well, although polyester has gone up again since the oil prices have stabilised.
Nonwovens trade body EDANA has announced the keynote and confirmed speakers for OUTLOOK 2015. Bringing together the latest developments in personal care products, OUTLOOK offers a diverse programme with networking opportunities for all players in the nonwovens personal care products supply chain, and will be held in Athens, Greece, from the 23-25 September, 2015.
Following global protests denouncing the cruelties committed on angora rabbits on farms in China to obtain the wool used to make clothing and accessories, Benetton has finally conceded and joined the plethora of retailers declaring a suspension of the production and sale of garments made with angora wool. H&M was one of the first to join the initiative and it has been followed by Lacoste, Zara, Pull & Bear, Calvin Klein, and others.
Insight11 Jun 2015The African Growth and Opportunities Act (AGOA), which allows sub Saharan African countries duty-free access to particular US markets is due to expire on 30 September 2015, but active steps are being taken to renew it and an extension act is currently before US law makers.
