Explore ideas, evidence and developments across the textile value chain.
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Insight23 Nov 2015The high-end technology of textile printing is advancing constantly, therefore the demands on textile inks are ever evolving.
Global cotton values recovered last week except in China, where the cotton price was still in doldrums. Polyester spot rates slid due to waning demand and softened feedstock in China. Nylon and viscose also dropped. Acrylic was steady, but wool rose. Yarn and fabric prices were under pressure once again, following disappointing sales.
US wool trading on a clean basis was moderately traded with 214,763 lbs (97,417 kgs) of confirmed sales this week. Greasy wool sales were slow to moderate with 182,345 lbs (82,712 kgs) of confirmed sales.
Insight19 Nov 2015India became the largest producer of cotton this year, taking China off the top spot to a close second position. However, its textile industry seems to be facing an uphill struggle and is under serious threat as a result of its ambition to increase its global share in textile trade from 4.5% to at least 8-10% by 2020. Considering the ongoing slowdown in China’s overall economy and textile industry, India today faces major concerns.
