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Executive Market Report - 3rd November 2014
A detailed review of movements in fibre, yarn and fabric prices from the previous week, along with changes in production costs.
News3 Nov 2014Safil to unveil wool blend performance yarns
Worsted spinning company Safil will present its new ActiveYarn range produced with the company’s X-Compact spinning technology at the Performance Days Munich show from November 4-5, 2014.
News3 Nov 2014Global yarn and fabric production up in Q2 despite European decline
Global yarn production increased in the second quarter of 2014 compared with the previous quarter, due to higher output in Asia, South and North America and despite a drop in Europe, according to the International Textile Manufacturers Federation (ITMF).
News3 Nov 2014Global denim suppliers eye Bangladeshi market
Vicunha, Brazilian denim fabric supplier, is seeking to increase its business with Bangladesh as buyers are shifting business there from Europe and China.
News3 Nov 2014Cinte Techtextil China welcomes record numbers
Asia’s leading biennial technical textiles and nonwovens fair, Cinte Techtextil China, concluded last month with more than 12,000 visits recorded over the three days of the fair, a 63% increase compared with the previous edition in 2012.
First signs of shake-out in Chinese polyester capacity
Although polyester fibres capacity is still increasing in China, driven by projects already planned, financed and committed, there are now indications of some shake-out as a result of demand growth not being as strong as expected by the polyester industry in China, and elsewhere in Asia.
Vietnam textile sector may increase as trade deal with South Korea nears conclusion
The close relationship between the textile sectors of Vietnam and South Korea could be intensified by the end of the year, with the two countries’ governments saying they want to conclude a bilateral trade deal in 2014.
Wool Market Report - 3rd November 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
UAE’s first-ever International Textile Fair opens in Dubai today
The first UAE international textiles trade fair has been launched today, in Dubai. International Textile Fair (ITF) - Dubai, at Dubai World Trade Centre, Hall No. 4, aims to be UAE’s premier platform for fashion, fabrics and clothing. With pre-collection Spring/Summer 2015 and Autumn/Winter highlights, ITF provides a platform for buyers and designers to view the latest trims and accessories, from current ranges to 2015’s pre-collections.
SSM targets Asian exhibitions
SSM Schärer Schweiter Mettler has exhibited at four exhibitions this autumn and reports fruitful meetings with customers interested in its winding, yarn processing and rewinding technology.
Fine adult prices down 5% due to poorer quality
The fifth sale of the 2014 winter season took place in Port Elizabeth on October 28, with 92,439 kilos on offer, with an overall sales clearance of 98.7%.
Insight3 Nov 2014SA wool market declines despite 98% clearance
The market weakened at this week’s sale as demand conditions remain tough, and the Cape Wools Merino indicator shed 2.5% compared with last week to close at R109.20 per kilo clean. This is 2.2% down compared to the opening sale of this season and 1.2% down compared to the corresponding sale of the previous season.
Insight3 Nov 2014NZ wool market eases slightly
This week’s North Island offering of 6,107 bales saw slight movements each way with a 92% clearance.
Insight3 Nov 2014Negative mood and fluctuating currencies weaken Aussie wool market
The Australian wool market softened somewhat this week, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) losing 7 Australian cents to close at 1,029 cents per kilo clean on Thursday, October 30. In US dollar terms, the EMI dropped 6 US cents to 901 cents per kilo.
Canadian/EU trade agreement offers European opportunity
The newly finalised European Union (EU) - Canada Comprehensive Economic and Trade Agreement (CETA) will give European knitwear manufacturers an advantage over Canadian producers and could encourage European brands to set up operations in Canada, an industry leader in Ottawa has argued.
News31 Oct 2014Evonik’s Morrisburg plant turns 50
Speciality chemicals company Evonik recently celebrated the 50th anniversary of its Morrisburg plant in Ontorio, Canada.
News31 Oct 2014AWI quantifies a $2.60 gain for every dollar invested in training
The benefits of extensive training in shearing for woolhandlers have now been quantified through a cost-benefit analysis of Australian Wool Innovation’s (AWI) investment in this type of training for the 2012/13 financial year.
News31 Oct 2014Centro Seta presents newest eco-silk fabric collection
Florentine company Centro Seta is launching Bacx, a collection of silk fabrics designed for a refined and contemporary look. The collection offers multiple fabrics and 100% traceability, with a 100% Made in Italy stamp.
News31 Oct 2014China yarn market diverges
With divergent expectations, the China yarn market still could not establish a clear direction at the end of the traditional high trading season.
PGI’s new nonwovens line is up and running
PGI’s new nonwovens plant, the Mayflower Project, in Waynesboro, US, is now operational and will produce three types of nonwovens materials for filtration systems.
Kimberly-Clark faces nonwovens mill closure
Kimberly-Clark Australia will close its Albury nonwovens mill next year, axing 44 jobs.
Silk prices predicted to rise in current market conditions
The Schneider Group has reported that cashmere prices are starting to come down in China, resulting from sluggish demand both domestically and abroad. Prices in Mongolia remained unchanged in the off-season.