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Wool Market Report - 6th October 2014
A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.
Insight6 Oct 2014Good quality wool in demand at SA auction
The weaker rand supported the market at this week’s sale and the Cape Wools Merino indicator gained 0.5% to close at R115.26 per kilo clean. This is 3.3% higher compared to the opening sale of this season and 0.1% up compared to the corresponding sale of the previous season.
Insight6 Oct 2014NZ market lift surpasses expectations
The North Island sale on October 2 saw wool prices continue their upward trend. With interest still continuing from China and pressure for exporters to meet shipping requirements mounting, wool prices climbed higher than expected.
Insight6 Oct 2014EMI rises in US dollar terms for first time in three weeks
The Australian wool market lifted strongly this week, with the Australian Wool Exchange’s (AWEX) Eastern Market Indicator (EMI) climbing up 15 cents to close at 1,038 cents per kilo clean on October 2.
Turkish textile industry labour report alleges poor pay for workers
The co-author of a new report highlighting major concerns about low wages in Turkey’s textile and garment industry has called for global brands sourcing from the country to act more responsibly.
Picanol stages open house in Korea
Weaving technology manufacturer, Picanol is organising an open house in Daegu, Korea, from Monday 6 October until Wednesday 8 October 2014. This event, which is aimed at Korean weavers, will see Picanol demonstrating its latest rapier technology and offerings for technical textiles, with a specific focus on its OptiMax machine.
Brands reunited
Up until 2006, HanesBrands and DBApparel (DBA) were sister companies under the ownership of the Sara Lee Corporation. Their origins lay in the International Laytex Corporation, which was the first company ever to advertise a bra on television, with Playtex back in 1955 – having first entered the intimate apparel market with the introduction of the ‘Living Girdle’ during World War II.
NCC commends successful conclusion of US-Brazil trade dispute
The National Cotton Council (NCC) said it condones the US government's successful efforts to conclude the US-Brazil trade dispute in the World Trade Organisation through negotiation, thereby avoiding retaliation.
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.
News3 Oct 2014Beyond Denim hall at Intertextile Shangai expanded by 25%
In line with the latest demand in the apparel fabrics industry, Intertextile Shanghai Apparel Fabrics 2014 will feature the Beyond Denim hall with a revamped design and expanded scale.
News3 Oct 2014Exolit flame retardant safer for PU foam – US EPA
Clariant’s oligomeric phosphonate polyol (OPP) flame retardant has been identified by the US Environmental Protection Agency (EPA) as a safer alternative to pentabromo diphenylether (pentaBDE), traditionally used for giving fire protection to foam.
News3 Oct 2014RadiciGroup carbon emissions down 59% between 2010-13
RadiciGroup has released its 2013 Sustainability Report, giving more detailed information on the activities and performance of all its production companies in the field of corporate social responsibility.
News3 Oct 2014China viscose staple fibre exports gather momentum
According to China Customs, viscose staple fibre exports during August continued their strong growth, to 26,419 tonnes, up 17.05% on the previous month and 142.31% from the same period of 2013.
News3 Oct 2014China spandex production continues strong growth
According to China National Bureau of Statistics, spandex production during August was 41,000 tonnes, the same level as July. However, output displayed a robust annual growth of 19.53% on the comparable statistic for 2013.
FILTREX hails strength of growing filtration industry
The FILTREX conference on nonwoven filter media came to a close today with event organisers EDANA hailing the strength of the industry through a turbulent economic and political decade since the event’s first edition.
News2 Oct 2014Oeko-Tex launches new ‘Made in Green’ certification
The Oeko-Tex Association has launched the ‘Made in Green by Oeko-Tex’ label as a new level of certification for textiles that are proven to be both safe in terms of human ecology and produced in a sustainable and socially responsible manner.
Euratex sets out position on TTIP
Euratex, as the main voice of the European textile and clothing industry, is deeply involved in the Transatlantic Trade and Investment Partnership negotiations and sees them as an opportunity for facilitating trade to the mutual benefit of European and American companies, in particular SMEs.
News2 Oct 2014TenCate to preview digitally finished textiles
Technical textiles group TenCate is to offer a preview of the first digitally finished output from its Factory of the Future, to visitors at a major camping and caravaning event in Utrecht, the Netherlands, next week.
Sandler recognised in German business awards
Nonwoven manufacturer Sandler AG has been recognised in a prestigious business award open to companies throughout Germany.
Textile technology business centre launched in Bangladesh
A Textile Technology Business Centre (TTBC) was launched in Bangladesh this week. The centre was set up by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) with support from the Embassy of the Kingdom of Netherlands (EKN) and the International Finance Corporation (IFC) and is part of the Partnership for Cleaner Textiles (PaCT) programme.
Schlafhorst fits out cutting edge Austrian cotton mill
Linz Textil GmbH in Austria, Europe’s leading manufacturer of yarn and textile fabrics, is building a new cotton-spinning mill in Landeck for producing very fine premium yarns.
News2 Oct 2014Global cotton consumption forecast to rise 4%
At the end of 2013/14, international cotton prices were around 80 cents/lb and have continued falling in the first two months of the new season. Given the predicted 1.8 million tons of surplus cotton production and changes in China’s cotton policy, prices are unlikely to rise to the levels seen in the last two seasons.
