Explore ideas, evidence and developments across the textile value chain.
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News8 Jan 2014According to the latest data from the US Department of Commerce, imports of textiles and apparel during November 4.45 billion square metre equivalents (SME), down 14.2% from the previous month, but 5.2% above the year-earlier statistic. November therefore represents the fifth consecutive month in which imports have comfortably exceeded the corresponding levels during 2012.
News8 Jan 2014Local spot rates in Pakistan have also strengthened during the past few weeks, mirroring in part developments in India. Pakistan mills have been major importers of Indian cotton this season and, to some extent, those prices have set a benchmark for local crop values. Sources in Karachi indicate that import quotations for India Shankar-6 have rise during the past couple of weeks from around 87.00 to around 90.00 US cents per lb, C/F.
News8 Jan 2014Indian cotton prices have surged by close to 6.0% since the middle of December, with ex-gin prices for the popular Shankar-6 variety quoted today in a range of around Rs. 41,700 to 41,800 per candy (close to 85.75 US cents per lb). The upturn in prices has so far confounded expectations that increasing deliveries to gins from what is still expected to be a bumper crop would weigh on prices during January.
News8 Jan 2014Wool exports during November totalled 29,548 tonnes, down by just over 7.0% from the previous month and by 14.1% compared with a year earlier. The downturn is attributable in the main to a fall in shipments to China and Italy of 18.7 and 32%, respectively.
News7 Jan 2014According to China’s National Bureau of Statistics, the country’s man-made fibre output increased in November (by 1.4%) for a fourth consecutive month, to 3,697,000 tonnes. The November total was 8.4% higher than the same month last year.
Taiwan-based Nan Liu Enterprise has reported its last month’s net sales were NT$ 471.03m (US$15.6m), an increase of 23.44% against the same period last year. For the full year in 2013, net sales were NT$4,568.2m (US$151.7m), compared with NT$3.700.6m (US$122.9) in 2012.
Insight7 Jan 2014With recent reports on the effects to workers making various products we take for granted, businesses are feeling the pressure to fulfil CSR obligations by ensuring that that their supply chain, ethical practices and standards are good enough to avoid the glare of the spotlight – and it’s not just the retailers who are having the reputations damaged.
Schoeller Technologies, the Swiss-based manufacturer of smart and innovative textile technologies, has stated that ‘fascinating prints with eco-designs’ dominate its 2015/16 Collection which consists of sophisticated fabrics and imaginative 3D textile structures.
Shaw Industries, one of the world’s largest carpet manufacturers, has made a surprise announcement in early 2014 that it is exiting the rug business market and will convert the current Ringgold, Georgia, facility into a new state-of-the-art luxury vinyl tile (LVT) manufacturing plant.
