An introduction to WTiN's new Textile Economics channel

By Ralph A. Taylor-Smith 07 November 2016

Welcome to Textile Economics! A new Intelligence channel brought to you by World Textile Information Network.

The purpose of this channel is to provide up-to-date information on price movements and trading positions of various fibres, yarns and fabrics across the textiles industry, while also providing deeper insight on how various macro economic and micro economic factors will impact businesses across the textile industry. Insight and Intelligence will be delivered via three main channels - Pricing Reports, Trading Reports and Industry White Papers.

Pricing Reports will focus on explaining price movements over a period of time while looking at the demand-side, supply-side and political factors that may have influenced such price movements. They will be updated weekly and will cover fibres and yarns of high interest to the industry.

Trading reports will focus on describing the movements of a country’s imports, exports, trade surplus and deficits of textile products, while identifying the main reasons for changes in volumes. Trading reports will focus on major textile trading economies across the globe, namely the European Union, China, India, Pakistan and the US, among others.

White Papers will be written around specific economic factors impacting the textile industry. They will aim to identify the relationships between various macro economic and industrial variables. They will utilise data analytical tools such as scatter diagrams, regression analysis, pie charts and bar charts to provide a greater insight into how various variables can positively or negatively impact businesses within the textile industry. 

The Textile Economics channel is managed by WTiN's textile economist, Ralph Taylor-Smith. If you have any specific questions relating to the channel please contact directly using the below details:

Email: rtaylorsmith@wtin.com

Phone: +44 (0) 113 360 7757

Ralph Image