Explore ideas, evidence and developments across the textile value chain.
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News12 Feb 2014While the upward trend in yarn prices witnessed during January has flattened out (see chart), prices are considered well supported at current levels, even though the pace of fresh orders is not especially vibrant.
News12 Feb 2014Sources in Pakistan appear more downbeat about the yarn business climate than has been the case for some time. Demand from downstream textile manufacturers has turned distinctly sluggish of late. The better pace of fabric trading witnessed directly after the Heimtextil exhibition in Germany appears to have subsided once more, with some manufacturers reporting a dearth of fresh orders from Europe and China. Domestic weavers have tended to adhere to a hand-to-mouth yarn purchasing policy, in part influenced by expectations that yarn replacement costs will decline in the near future. In addition, manufacturers based around Faisalabad have reported renewed power cuts, which is limiting throughput.
Fulcrum SP Materials, a leader in innovative nanotechnology for enhanced composite materials, has introduced its SP1/CNT reinforcement solution for Fibreglass and Epoxy composites.
News12 Feb 2014The tone of yarn business reports emerging from Indonesia has been more positive this week. Demand from domestic yarn buyers is understood to have picked up, as the textile chain prepares for the usual seasonal upturn in clothing sales ahead of Ramadan in July. Although export trading has again been slow, with enquiry from China still sluggish in the aftermath of Spring Festival, prices for pure cotton and cotton blended yarns have generally been revised higher (see accompanying table).
News12 Feb 2014Magna International Inc is to pair its automotive know-how with Italian intellectual property company bio-on's chemical expertise to research how production of a natural polyester product can be elevated to an industrial, cost-effective scale.
News12 Feb 2014According to China Customs, wool imports during December totalled 30,778 tonnes, which was up 7.51% from November, as shipments continued to recover from the usual summer lull. . However, the December figure was 10.62% lower than the same month in 2012.
News12 Feb 2014The technical textiles market share in India currently stands at 11.43%, according to figures recently released by the Ministry of Textiles, and the Government of India has set up several initiatives to drive this industry’s growth going forward.
The British Textile Machinery Association (BTMA) and 15 of its members are to exhibit for the first time at Indo Intertex, the 12th Indonesian International Textile and Garment Machinery and Accessories Exhibition. BTMA has organised a British Pavilion, supported by UK Trade and Investment (UKTI) in Hall A at Stands 82 and 100 for its members who are keen to do business with the lively and growing Indonesian textile manufacturing sector.
Insight11 Feb 2014At this time of year, with farmers in the Northern Hemisphere beginning to make planting decisions about their summer rotation, global cotton supply and demand prospects for the coming season begin to move into sharper focus. Concern has been mounting that international cotton prices, having remained surprisingly firm this season, appear attractive in relation to those for alternative crops, and could prompt farmers to divert more land to the fibre. The prospect of a fifth consecutive season of world production exceeding demand, with global stocks already at historic highs, would obviously be an unwelcome development.
Insight11 Feb 2014The Taiwan dyeing-and-finishing sector has never quite recovered from the World Trade Organisation's (WTO) abolition of global textile quotas in 2005. It resulted in the closure of many stand-alone units by making their labour-intensive manufacturing processes on the relatively wealthy island uncompetitive. However, in recent years, the situation has stabilised.
