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The use of recycled polyethylene terephthalate (RPET) in fibre applications in the USA increased last year by more than 28%, or 114 million pounds (MMlbs), compared to 2011, according to a new report from the National Association for PET Container Resources (NAPCOR) and The Association of Postconsumer Plastics Recyclers (APR).
News10 Oct 2013Holidays in China are one reason cited by The Schneider Group for a lack of movement in their FOB quotations for cashmere and silk during the past week. Demand from European mills has remained slow, with most waiting for firm yarn orders before building raw material inventories at the current very firm prices.
News10 Oct 2013A slight firming in the prices circulating in Turkey for various types of staple fibre and filament yarn has been discernible during the past week. However, buyers have tended to resist the rise in suppliers quotations, with the general tone of the market not having improved.
Review10 Oct 2013Sustainable solutions and finishing were among the topics at the Dornbirn Man-made Fibers Congress 2013, where there were more than 100 lectures for the 800 participants from 30 countries to choose from. The most important presentations from these two strands are summarised here.
News10 Oct 2013Shaw Industries is to install about one megawatt of solar panels atop its carpet-tile manufacturing plant in Cartersville, Georgia, which will contribute about 1.4 million kilowatt-hours of power into the Georgia Power utility grid, enough power to supply about 100 homes.
The cumulative volume of wool offered at auction during the season to date has risen to 491,722 bales, compared with 473,509 a year earlier. However, the EMI is 16% higher than its value 12-months ago. What has changed is the strength of Chinese demand.
Sellers reported a good demand from all sectors, particularly for good quality Merino wool. Export offtake from China resumed following the recent national holidays. As a consequence, prices continued to rise, with the Cape Wools Merino indicator firming 1.4% to a new record high of R116.69 per kilo, clean.
News10 Oct 2013A combination of lower offerings this season and improved demand sustained the recent upward trend in prices this week. Wool Services International’s Coarse Crossbred Indicator rose by 2.9%, to 534 NZ cents per kilo, clean, a new high.
The recent stronger pace of demand from China was well maintained this week, according to exporters. Processors and mills in China continued to replenish stocks which had become depleted over the past few months and the recent momentum in purchasing showed no signs of slowing.
News10 Oct 2013Sri Lankan apparel manufacturers Brandix and MAS have launched trade funding programmes to access capital through the GT Nexus platform, which is an automated trade environment that delivers essential data to the International Finance Corporation (IFC).
News9 Oct 2013Polyester staple fibre (PSF) prices in eastern China have dipped below 10,000 yuan per tonne (basis 1.4 denier, 38 mm) in the immediate aftermath of the recent national holiday, according to information supplied by 168tex, a parastatal organisation administering business support to the Shengze textile hub in Jiangsu province.