Explore ideas, evidence and developments across the textile value chain.
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Cotton growers around the world spent an average of 11 cents on planting seed to produce a kilogramme of lint in 2012/13, representing 7% of the net cost of production, according to new figures from ICAC (International Cotton Advisory Committee).
News5 Sept 2013Prices surged higher at the latest wool auction in Port Elizabeth. The Cape Wools Merino Indicator increased by 13.8% to R116.03 per kilo, clean, a new record high. The rise in the market was attributed to a relatively modest offering encountering a fairly brisk demand, with European buyers well to the fore, according to Cape Wools.
News5 Sept 2013All brands, including Walmart, that are linked to the Tazreen and Rana Plaza garment factory disasters are being called on to attend compensation meetings in Geneva, Switzerland, on September 11 (Tazreen) and 12 (Rana Plaza).
Sioen Industries NV, a producer of technical textiles, fine chemicals and hightech protective clothing, has revealed that during the first half of 2013 sales dropped by 3.2% to €161.7 million ($213 million), compared to €167.1 million ($220 million) during the same period in 2012.
News4 Sept 2013Celanese, a global technology leader in the production of differentiated chemistry solutions and speciality materials, has stated that its TruModa polymers can provide the answer to age-old processing limitations and hot colour trends in the apparel industry.
News4 Sept 2013WTiN sources in Pakistan confirmed this week the sharp rises in energy costs faced by the domestic textile industry. As we reported in August, early that month the government announced a significant increase in electricity rates for industrial, commercial and bulk consumers, to reflect better the cost of power generation.
Rako Etiketten GmbH, a manufacturer of professional digital imaging systems for large format, industrial, textile and label printing applications, has ordered its first UV inkjet label press, Durst Tau 330, from Chromos GmbH, the Durst distribution and service partner in Friedberg, Germany.
News4 Sept 2013A very mixed pricing picture has been reported in Turkey during the past week. On the polyester market, one local manufacturer has increased its staple fibre price by 3 US cents per kilo, but met strong resistance from buyers, according to WTiN sources
News4 Sept 2013Local spot rates have continued to rule firm of late, supported in part by the devaluation of the rupee, which has lost around 3.7% of its value during the past month. A tightness of supply from early-sown new crop (from central Punjab and lower Sind) has contributed to the strength of the domestic market.
Review4 Sept 2013After many struggles and corporate restructures in the US, the textile industry has a promising future, according to the Synthetic Yarn & Fibre Association (SYFA), and this topic will be explored in detail at its upcoming conference in Charlotte, North Carolina.
News4 Sept 2013According to data published by China Customs on August 30, textile and apparel exports from Fujian, which ranks fifth in the list of China’s largest textile and apparel producing provinces, rose to US$2.26 billion during July, up 17.6% from the previous month and 36% from the same month last year.
British companies have never been afraid to spread their wings, travelling to foreign destinations to turn export potential into financial success. In this age of ethical sourcing the traceable provenance of British textiles is proving a hit with buyers the world over. Ann Thomson-Krol, textile consultant for the UK Fashion & Textile Association, discusses how UK textile manufacturers are springing into action to explore the world.
Insight4 Sept 2013A slightly easier price sentiment has begun to emerge on India’s domestic yarn market during the past week. The two major factors that have pushed prices higher in recent weeks have been the strength of local raw cotton replacement costs and the weakness of the rupee versus the US dollar. However, with the new crop harvest looming and a record production anticipated local cotton prices have begun to show signs of softening. In addition, after devaluing precipitously towards the end of August, the rupee has displayed incipient signs of stability in recent days. With these two influences diminishing, local spinners have focused primarily on the maintained slow pace of business.