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Indian cotton crop estimated at 40.2m bales in 2014/15
Latest crop estimates by the Mumbai-based Cotton Association of India (CAI) for 2014/15 is 40.2m bales (at 170kg each). The new crop year estimate is slightly lower than last year's production estimate of 40.7m bales.
Low & Bonar records sales growth
Global performance materials group, Low & Bonar, increased sales by 7.2% this year (ending 30 November) compared to the same period in 2013; 5.5% up on a like-for-like basis excluding Texiplast, which was acquired in the second half of 2013.
Good competition at final UK wool sale of 2014
The tenth British wool sale of the 2014/15 season offered 1,740,195 kg. The final sale of the calendar year saw good competition, with an overall clearance of 96%.
Insight15 Dec 2014SA wool market slightly dearer
The South African market strengthened at the final sale before the Christmas recess, with the Cape Wools Merino indicator gaining 1.5% compared to the previous sale to close at R110.82 per kg (clean). This is 0.7% lower compared to the opening sale and 5.6% lower compared to the corresponding sale of the previous season.
Insight15 Dec 2014NZ wool prices up strongly
The 6,040 bales of North Island wool at auction this week saw a 95% clearance with good style wools holding their ground and poorer styles easing. The weighted indicator for the main trading currencies was 0.56% stronger but had minimal impact on the market with supply / demand factors being the current market driver.
Insight15 Dec 2014Aussie wool market enters Christmas break on a high
The Australian wool market saw an encouraging upturn in the final sale before the Christmas break despite another increase in the size of the offering and a strengthening in the US dollar exchange rate. The Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) climbed 5 Australian cents to close at 1,059 cents per kilo clean on Thursday, December 11, though in US dollar terms the EMI fell slightly, dropping 1 US cent, to close at 882 cents per kilo.
Wool Market Report - 15th December 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
News15 Dec 2014Aussie wool production forecast to fall 2% in 2014/15
The Australian Wool Production Forecasting Committee (AWPFC) has estimated wool production to be at 334 million kilos greasy for the 2014/15 season, down by 2% from the 2013/14 season total of 341 million kilos, and at its lowest for over eight years. Total production is now anticipated to be slightly less than the decline previously forecast in August 2014.
Arvind Limited wins energy conservation award
Arvind Limited has been named as the first prize winner in the textile sector at the National Energy Conservation Award 2014, in India.
Euratex data shows European textile industry stabilised in 2013
Prior to 2008, the European textile and man-made fibre sectors trended in tandem: their annual indices were similar. When the economic crisis of 2008 arrived, although these two sectors continued to decline, man-made fibres lost a lot of ground compared to textiles, but shortened the gap in 2013 owing to a sharp increase in fibre production in 2013 whilst textile production was quite stagnant. This can be explained by upstream stock reduction and readjustment of production to the prevailing downstream consumer demand.
Positive results for TENCEL Plant at Lenzing
The six month old TENCEL® fibre production plant, at the Lenzing site in Austria, has seen success during its initial ramp-up phase.
Profile12 Dec 2014Printed outdoor fabrics that glow in the dark: textile craft business founded on luxury yacht market
Extex was established in 2002 out of parent company Marina Mill – a design, hand print and weaving business – as a luxury outdoor range of fabrics, specifically designed at the time for use on all exterior areas of a yacht. Twelve years later, the range is being used extensively in the residential, marine and hospitality sectors.
Conference to address polyamide challenges
Massive capacity additions in polyamide raw materials, mainly in China and, based on this, globally falling operating rates combined with slowing demand and high volatility in petrochemical raw materials are the challenges for the European polyamide industry in 2015 and beyond.
Cashmere prices upheld by peak knitting production season
After last week’s decrease in cashmere prices, they have remained stable in China this week, The Schneider Group said. Mongolian cashmere prices have also stayed quite firm in Europe, partly because the peak season for knitting production is about to start and the demand for the longer type (over 38mm) is strong, the group added.
News12 Dec 2014ArioPrint sees success following launch at FESPA Eurasia
Arioli successfully launched its ArioPrint digital textiles printer at of FESPA Eurasia, in Istanbul, Turkey, following a minor hiccup on day one when its Kyocera printheads were stopped by Turkish customs. Day two of the exhibition was far more triumphant as all 16 heads were fully installed, thanks to the hard work of Arioli Engineers and its Turkish partners Aras Teks Kimya.
Toray acquires Saati’s manufacturing business
Toray Industries has announced plans to acquire Saati S.p.A’s European carbon fibre fabric and prepreg business.
NCWSBA Australian Wool Market Report
Weekly analysis of the Australian Wool Market by Chris Wilcox, Executive Director of the National Council of Wool Selling Brokers of Australia.
News12 Dec 2014China nylon prices under renewed pressure
Struggling with oversupply and anaemic demand, cash-strapped nylon producers in China have started to offer more discount behind the scene to serious enquirers for their key products (FDY 70den/24f).
News12 Dec 2014China viscose staple fibre quotations drop again
Quotations for viscose staple fibre in China sank slightly, by 50 yuan, on December 12, to 11,650 yuan per tonne.
News12 Dec 2014CONFERENCE REPORT: FESPA Eurasia 2014
Digital textiles printing was a clear focus at FESPA Eurasia, held in Istanbul, Turkey last week, as international and local brands came together to present their latest innovations. Spread over two halls, FESPA announced that the event had increased in size by 20% when compared to the previous year, with international participants also an area of growth.
PGI ups prices on PP-based goods
Polymer Group Inc (PGI) will increase the price of all polypropylene-based roll goods from its North American production facilities by 6 to 8%.
Review11 Dec 2014WTiN Digital Textile Conferences 2015
World Textile Information Network (WTiN) is to present an exciting programme of Digital Textile Conferences in 2015, with their focus on some of the key growth areas in the digital-textile market.
