Explore ideas, evidence and developments across the textile value chain.
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Insight23 Jan 2014After two years in development, outdoor retailer The North Face, Control Union Certification, an accredited third-party certification body, and Textile Exchange, a global non-profit dedicated to sustainability in the apparel and textile industry, have completed the Responsible Down Standard (RDS).
Review23 Jan 2014South Korea has overtaken India in terms of participation for the forthcoming February edition of Texworld Paris (February 17-20).
The Arcadia Group is the latest retailer to ban the use of angora in its supply chain.
Stocks of greasy wool held in China are reckoned to have accumulated somewhat of late, but not to levels which would be considered burdensome. Processors and mills in China are not thought therefore to have sufficient supplies to remain on the sidelines of the market for a prolonged period.
News23 Jan 2014Exporters have indicated that the stronger Chinese buying that emerged towards the end of last week followed through into this week. Buying interest has focused on securing supplies for shipments arriving at port immediately after the Spring Festival. The more robust trading has facilitated a recovery in trade offers into China. Quotations for Type 55, having recently touched lows of US$11.10 per kilo, clean, CIF (90 days Letter of Credit), have moved back towards US$11.50.
News23 Jan 2014Prices generally ruled firmer at this week’s auction, notwithstanding some divergences between different qualities offered at the North and South Island sales (see accompanying table). Sentiment continued to be dominated by this season’s tighter supply. The recent pace of buying was just about maintained. A total of 15,100 bales were offered, of which 90.7% were cleared.
News23 Jan 2014Trade covering of shipment requirements against good export demand from China and Europe influenced domestic auction prices to rise to a new record high this week. The Cape Wools Merino Indicator increased by 2.3%, to R118.30 per kilo, clean. This is 16% higher than the beginning of the season and 5.2% up from the corresponding sale a year earlier.
News23 Jan 2014Intertek, a leading provider of quality and safety services to a wide range of industries around the world, is to open a new apparel and textiles testing laboratory in Bataramulla to support the growing textile and garment industry in Sri Lanka.
News22 Jan 2014The value of Pakistan’s textiles and clothing exports grew in December by 24.43% versus the previous month and by 20.44% compared with a year earlier. Shipments were strong in most of the major categories, with cotton yarn and fabric providing the main exceptions to the overall trend.
News22 Jan 2014As part of a collaborative R&D project, Huntsman Textile Effects and TJ Beall Company have developed an innovative unbleached cotton diaper component – which has a lower environmental impact compared to similar products on the market.
Rising cotton prices and a weaker lira/US dollar exchange rate have contributed to firmer yarn values on the domestic market during the past couple of weeks. Quotations for combed 30s yarn have been circulating during the past couple of days at close to YTL9.00 per kilo (about US$4.00 per kilo), compared with YTL8.20/8.50 per kilo (say, US$3.75/3.89 per kilo) two weeks ago. The lira has depreciated to around YTL2.25 versus the US dollar today, against closer to YTL2.13 towards the beginning of the month.
News22 Jan 2014INEOS Technologies has licensed its Innovene polypropylene (PP) process for the manufacture of homopolymers, random copolymers and impact copolymers to Vung Ro Petroleum Limited at its refinery complex located in Hoa Tam Commune, Dong Hoa District of Phu Yen Province, Vietnam.
