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Insight25 Aug 2017The International Apparel Federation (IAF) has secured a partnership agreement with WTiN to delive members major savings on subscriptions to WTiN’s comprehensive textile information portal.
Company Intelligence25 Aug 2017Company Profile-Freudenberg Performance Materials Apparel
In response to the growing demand for custom-coated printable textiles, engineered to work optimally on the latest digital print equipment, Aurora Specialty Textiles Group today announced additions to its staff.
Prices21 Aug 2017According to the USDA’s July figures, India’s cotton supply and demand for the 2017/18 market year is expected to be positive, as the overall total supply of cotton is expected to rise relative to the previous market year as a result of domestic production and initial stocks offsetting a drop in imported cotton. Production is expected to increase relative to the year before, mostly due to a rise in the harvest area. An increase in demand for cotton in India is expected to be driven by the domestic market, as it offsets a drop in exports. Production and trade surplus are expected to widen in India relative to the year before. The same goes for Brazil, which is expected to see cotton demand and supply boosted by 9.4% year-on-year, also thanks to a boost in initial reserves and domestic production. Like in India, cotton production is expected to be driven mostly by an increase in harvest area. A rise in demand for Brazilian cotton is expected to be driven mostly by exports, as it’s expected to increase by a larger amount than domestic demand relative to the year before. According to provisional figures provided by India’s Office of Textile Commissioner in July, Indian yarn production dropped 0.7% year-on-year in 2017 up to May, from a 0.7% increase in 2017 up to April (revised). The year-on-year drop in YTD yarn production was a result of a drop in cotton yarn offsetting the year-on-year gain in blended yarn. 100% non-cotton yarns also contributed towards the year-on-year drop of total yarns production in India. The price of cotton in India has stabilised at Rs42,200 per candy. The US dollar has once again strengthened versus the INR, allowing increased competitiveness for yarn export prices. Lean demand has allowed domestic prices to remain stable in the yarn market. YTD synthetic fibre production in China moved positively in June year-on-year, but slowed compared to the year-on-year change in YTD production in May.
