Explore ideas, evidence and developments across the textile value chain.
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Insight27 Aug 2013Open interest in New York futures dropped substantially last week, as speculators exited their long positions, but still had not decreased to the same extent it had risen during the upturn in the market. Whether further scope for selling exists as a consequence remains to be seen, but it would seem that prices are close to moving back to the level at which physical trading is viable. Sales by international merchants to mills will need to be hedged on New York, lending some support to that market.
Profile27 Aug 2013Described as the new frontier for cashmere, Afghanistan is currently the third largest global source of the fibre behind China and Mongolia. Concerted efforts to improve the colour and quality of the cashmere, combined with the introduction of value added processing, is helping Afghanistan turn potential into financial gain. Charlotte Rogers reports.
The New York futures market collapsed last week as speculators through in the towel and exited “long” positions. A clear reason for their capitulation is not readily discernible. Some analysts pointed to a slight improvement in growing conditions in parts of the US, as well as further forecasts in India of a bumper crop. However, in reality, little has changed in terms of cotton market fundamentals, both during the initial movement higher and the subsequent sell-off last week.
Newsfree27 Aug 2013Vestagen Technical Textile, following the completion of $8.25 million in financing, is to market Vestex, the first in a new class of medical devices based on active barrier protective fabrics that are clinically proven to prevent or reduce the acquisition and retention of contaminants on clothing.
Shima Seiki is to exhibit at the Première Vision show in Paris. It will once again participate in the Knitwear Solutions category for the flatbed knit sector, following its participation in the inaugural edition of Knitwear Solutions two seasons ago.
News27 Aug 2013Gerber Technology, the sewn goods industry’s leading provider of automation technology, will demonstrate breakthrough software and manufacturing solutions at this year’s China International Sewing Machinery & Accessories (CISMA) show in Shanghai, which runs from September 25-28.
Bt cotton is the only genetically modified crop that is available for commercial cultivation in India, according to Tariq Anwar, Indian Minister of State for Agriculture and Food Processing Industries, who stated that 90% of cotton cultivation acres in the last decade were under Bt cotton.
News22 Aug 2013The depreciation of the rupiah continued to dominate yarn and fabric trading in Indonesia in the immediate aftermath of the Eid holidays. Most mills returned to work on August 18/19. The local currency has lost over 7% of its value (versus the US dollar) since the beginning of July and 3.5% during the past fortnight alone.
The Sustainable Angle's third Future Fabrics Expo is taking place as part of a new commercial fair, CIFF Future Fabrics Fair and Conference, which is primarily focused on sustainable fabrics and products. The Future Fabrics Expo will be a central
