Explore ideas, evidence and developments across the textile value chain.
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Profile16 Mar 2015Technology enthusiasts flocked to the annual Consumer Electronics Show in Las Vegas in January to peruse the latest consumer tech innovations, writes Fiona Haran, and this year smart textiles took centre stage
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
The second sale of the 2015 summer season took place in Port Elizabeth on March 10. A total of 166,658 kilos were on offer, of which 96% sold. Although the average market indicator shed 2.7%, the adult market performed well, with the weaker ZAR/USD exchange rate supporting this sector.
The wool market was dearer at the sale on March 11, and the Cape Wools Merino Indicator gained 2.1% to close at R112.90 per kilo clean. This is 1.1% up compared to the opening sale of this season and 1.7% down compared to the corresponding sale of the previous season. On the Australian market, the indicator decreased with 0.1%. The Cape Wools All-Wool Indicator gained 1.1%.
Insight16 Mar 2015The weaker New Zealand dollar, particularly against the US dollar, saw all categories become dearer this week. The weighted indicator for the main trading currencies was down 2.45% compared to the last sale on March 5, with many wool types appreciating by a corresponding amount. Of the 7,995 bales on offer, 90% sold.
Insight16 Mar 2015The wool market in Australia saw a little boost this week, with the Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) climbing up 7 cents for the week to close at 1,092 cents per kilo clean on Thursday, March 12. In US terms, however, the market took a bit of a plunge, losing 19 US cents to close at 829 cents per kilo.
Insight16 Mar 2015Pakistan’s ministry of textile industry has begun implementing a textile industrial policy for 2014-2019, despite concerns by manufacturers’ associations that it may fail to deliver on its goals. The ministry has set up committees to work toward achieving its targets and interacting with the industry to seek its input and support.
Insight16 Mar 2015The Hong Kong unit of Luthai Textile Co Ltd, China’s leading producer of yarn-dyed fabric and shirts, has informed its shareholders of a plan to invest US$150 million in building a new Vietnam-based textile plant. The factory, whose location has yet to be disclosed, would have 60,000 spindles, with an annual output of 30 million metres of yarn-dyed fabric.
News12 Mar 2015According to China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT), yarn exports during January reached 335,625 tonnes, up 0.96% on the previous month and 1.4% annually, reversing a y-o-y contraction during the last two months.
Colour metrology specialist caddon printing & imaging GmbH and workflow specialist DALIM SOFTWARE GmbH, both of Germany, will next week present the initial results of their co-operative effort to create a portfolio of technology-independent solutions for colour-pattern communication.
Insight11 Mar 2015By now we’re all familiar with concept of ‘fair trade’ in the sourcing of commodities, as promoted by Fairtrade International, which introduced its certified cotton standard in 2005. But fair trade rules applied to practices in textile manufacturing are, on the face of it, less simple to formulate.
