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Preview4 May 2017This year’s International Wool Textile Organisation (IWTO) Annual Congress, to be held in Harrogate in Yorkshire, UK, on 3-5 May 2017, will explore the theme Wool in a Digital Age.
Insight4 May 2017Textile business executives in Pakistan have welcomed Chinese investors to bring investments into Pakistan’s textile sector through joint ventures and relocating of their textile production units.
Digital printing is all about potential for production flexibility and creativity, and the technology can unleash new design, even in countries where high-tech manufacturing and finishing is rare – such as Russia.
Insight2 May 2017As the Shanghai International Digital Printing Industry Fair 2017 (TPF 2017) looks to shake off its perception as a domestic Chinese show, with international organisers UBM at the helm for the second year, new DTG technology and single pass solutions dominated the show floor.
Prices2 May 2017Prices of Polyester and Viscose Staple fibres are still dropping relative to the week before in terms of yuan, due to continuous overcapacity in the market. The Chinese yuan dropped 0.15% against the dollar on Friday 28 April, relative to the week before, placing further downward pressure on the dollar price of Chinese fibres and yarns. Cheaper imports of cotton into India have suppressed prices in the market. However, the appreciation of the rupee against the dollar has placed upward pressure on the price of exported yarns. Despite such pressures, overseas buyers are less than willing to accept the increase in price levels. High cotton and yarn prices are not sustainable due to a combination of higher than expected cotton supply in India, and stiff resistance to the increase in yarn export prices. Cotton prices in the US are expected to move positively due to stronger than expected exports, while China's cotton prices are expected to fall as a result of higher than expected domestic cotton output. Markets are active in Taiwan, with supply slightly tight. Prices therefore remain firm this week.
Prices28 Apr 2017In the first week of sales following the Easter recess, the Australian wool market suffered a correction on the first day but bounced back on the second day to regain some of the losses and maintain the momentum in the market seen so far this year.