Explore ideas, evidence and developments across the textile value chain.
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Insight18 May 2015According to China National Bureau of Statistics, fabric production during April reached 5.82 billion metres, rising 0.34% on March and 1.75% compared with the same month of 2014.
Insight18 May 2015Wool’s position as a trans-seasonal fibre has been further enhanced by its inclusion in a wide range of fashion collections for spring/summer 2015, as The Woolmark Company’s Cool Wool programme captures the imagination of a growing number of international designers and fabric mills.
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
Insight15 May 2015The fifth sale of the 2015 summer season took place in Port Elizabeth on Tuesday, May 12. A total of 89,257 kilos was offered, with 92% being sold on the auction floor. Although the auction delivered mixed results, the overall market indicator remained fairly stable to close slightly down on R186.63 per kilo.
Insight15 May 2015Exceptional demand at the sale on Wednesday, May 13, resulted in a new record high in wool prices and the Cape Wools Merino Indicator gained 8.5% to close at R132.02 per kilo clean. This is 18.3% higher compared to the opening sale of this season and 13.4% higher compared to the corresponding sale of the previous season. On the Australian market, the indicator increased with 7.6%. The Cape Wools All-Wool Indicator gained 10.2%.
The seventeenth and penultimate British Wool Sale of the 2014/15 season was held by the British Wool Marketing Board at Wool House on Tuesday, May 12, and offered 1,861,429 kilos. The sale saw strong competition and with little stock left, prices rose once again and a 99% clearance was achieved.
Insight15 May 2015The North Island auction on Thursday, May 14, remained fully firm except for the higher volume of shorter shears, which eased compared to last week. The weighted indicator for the main trading currencies eased slightly by 0.4% compared to the last sale on May 7, having minimal impact. Of the 5,469 bales on offer, 98% sold.
Insight15 May 2015The Australian wool market retreated slightly this week after a long streak of sharp price increases over the last few weeks. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) fell by 6 cents for the week, closing at 1,235 cents per kilo clean on Thursday, May 14. In US terms, however, the EMI came up 13 cents, climbing above 1,000 cents for the first time since February 2014, closing at 1,003 US cents per kilo.
Insight15 May 2015It is still too early to know in what direction the cashmere prices in China will go, the Schneider Group reported. The season is yet to peak and the best price indication will come in a few weeks when the final quality of the new clip will be apparent and the level international demand – currently low – will be observed, Schneider explained. For the week, prices remain unchanged.
Insight15 May 2015Earlier this year the Textiles Policy 2014-19, published by the Ministry of Textile Industry, Government of Pakistan, highlighted the need for Pakistan’s textile industry to reduce its reliance on cotton and focus on value addition, partly through greater use of man-made fibres such as polyester.
Insight15 May 2015Back in April, John Provost reported on the significant development in the DTG digital textile printing market, citing Kornit Digital’s growth in the last 12 months to be as much as 34%. As the area grows and increasing numbers of new models are launched, high volume production is becoming the distinguishing factor between machines.
Insight14 May 2015Speciality paper manufacturer Felix Schoeller is the latest company to announce its entry into the dye sublimation market with a new paper, S-RACE. This move into a new product segment extends the company’s product range which includes other papers for inkjet printing and electrophotographic imaging.