Explore ideas, evidence and developments across the textile value chain.
23,366 articles · latest first · 12,505–12,528
Preview19 Jan 2018The event will feature an extensive range of conference speakers to provide insights into some of the newest and most influential topics currently affecting the wearable technologies industry
Prices15 Jan 2018The US dollar depreciated further against the yuan and euro week-on-week, as a result of a rumour that China will slow down purchases of US bonds. US yields went up as the price of government bonds went down during a sell-off. Prices of US bonds were further supressed when the European Central Bank and Japan both echoed concerns about rising US government debt. The bonds market took the rumour seriously. According to Bloomberg, China found US bonds less attractive, and Donald Trump’s threat of trade war, as well as political tensions with China, further lowered the attractiveness of US bonds from China’s perspective. This is very serious for the dollar, as China is a major holder of US debt. The Cotton Association of India has revealed that arrivals of cotton in the country reached 39% of expected 2017/18 provisional levels of output. Cotton production in India is projected to expand 11.2% year-on-year, as output has increased in all zones in the country. Cotton output from the central zone is expected to make up the bulk of the increase in output, and plays the most significant role in ensuring adequate cotton supply is available in the market. More than half of total cotton production in India is expected to come from the central zone. Provisional figures provided by the Office of Textile Commissioner show year-to-date (YTD) filament yarn production went up 3.4% year-on-year in 2017 up to October, as the year-on-year gain in polyester filament yarn production offset the year-on-year drop in viscose, nylon and polypropylene filament yarns production. Spun yarn production in India, on the other hand, dropped 0.3% in 2017 up to October. The year-on-year increase in blended yarn production was not enough to offset the year-on-year drop in the production of both cotton and non-cotton yarns in 2017 up to October
