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News3 Nov 2014Global yarn production increased in the second quarter of 2014 compared with the previous quarter, due to higher output in Asia, South and North America and despite a drop in Europe, according to the International Textile Manufacturers Federation (ITMF).
The close relationship between the textile sectors of Vietnam and South Korea could be intensified by the end of the year, with the two countries’ governments saying they want to conclude a bilateral trade deal in 2014.
The first UAE international textiles trade fair has been launched today, in Dubai. International Textile Fair (ITF) - Dubai, at Dubai World Trade Centre, Hall No. 4, aims to be UAE’s premier platform for fashion, fabrics and clothing. With pre-collection Spring/Summer 2015 and Autumn/Winter highlights, ITF provides a platform for buyers and designers to view the latest trims and accessories, from current ranges to 2015’s pre-collections.
Insight3 Nov 2014The market weakened at this week’s sale as demand conditions remain tough, and the Cape Wools Merino indicator shed 2.5% compared with last week to close at R109.20 per kilo clean. This is 2.2% down compared to the opening sale of this season and 1.2% down compared to the corresponding sale of the previous season.
Insight3 Nov 2014The Australian wool market softened somewhat this week, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) losing 7 Australian cents to close at 1,029 cents per kilo clean on Thursday, October 30. In US dollar terms, the EMI dropped 6 US cents to 901 cents per kilo.
The newly finalised European Union (EU) - Canada Comprehensive Economic and Trade Agreement (CETA) will give European knitwear manufacturers an advantage over Canadian producers and could encourage European brands to set up operations in Canada, an industry leader in Ottawa has argued.
News31 Oct 2014The benefits of extensive training in shearing for woolhandlers have now been quantified through a cost-benefit analysis of Australian Wool Innovation’s (AWI) investment in this type of training for the 2012/13 financial year.