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ITMA ASIA + CITME 2014 sold out as exhibition space grows 15%
Exhibition space at ITMA ASIA + CITME 2014 is now fully booked. The space sold for this year's show, which takes place at the Shanghai New International Expo Centre from June 16-20, has reached 152,200 sq metres, an increase of 15% on the previous edition in 2012, the organisers said.
News14 Mar 2014International cotton business remains at low ebb
Very sluggish trading conditions have again been reported on many of the major cotton import markets during the past week. Many mills are still thought to have short-term raw material requirements to cover, but current price levels are considered unattractive at best and, for many buyers, unprofitable when compared with prevailing yarn selling rates. New York futures are performing a necessary role for US cotton, suppressing demand for a crop that is very well committed. However, the international trade is thought to be holding fairly sizeable stocks of other growths which need to be sold before the July contract in New York matures – anyone carrying cotton hedged on New York beyond that delivery will be exposed to an significant inversion in the futures market, with the December contract currently trading at a discount of 10 cents. The longer international demand for cotton remains slow, the more selling pressure will build in international trade circles.
Technical textile production gathering pace in China
While traditional textile sectors have encountered an increasingly challenging business environment in China in recent years, in face of slowing demand and surging costs, technical textile firms have tended to increase investment in capacity, lured by the prospect of attractive profit margins.
News14 Mar 2014China’s textile and garment exports slump during February
According to China Customs, textile and clothing exports totalled US$10.88 billion during February, falling by 62.00% and 33.99%, respectively, from the previous month and the same month last year.
News14 Mar 2014China’s acrylic staple fibre imports tumble in January
According to China Customs, acrylic staple fibre imports during January tumbled to 11,727 tonnes, down 32.99% from the previous month and 51.74% from a year earlier. Imports through the whole of 2013 amounted to 212,200 tonnes, an increase of 13.84% from 2012.
Profile14 Mar 2014Book Review: Fabric for Fashion (Hallett & Johnston)
Janet Prescott reviews Fabric of Fashion: The Complete Guide
Elmarco updates its industrial electrospinning technology for laboratories
Elmarco has updated its Nanospider LAB nanofibre research line, which was originally launched in 2005, with a stationary wire electrode from Elmarco’s industrial lines.
Heritage revival
The Outdoor Retailer Winter Market, held annually in Salt Lake City, is the biggest exhibition of outdoor apparel and gear in the US. It draws a crowd of brands and retailers, designers and manufacturers, whose mission is to develop product that keeps us warm, dry and safe while enjoying an outdoor lifestyle.
Crypton acquires Nanotex
Crypton has acquired Nanotex. The privately held, 20-year-old Crypton Fabrics, based in Bloomfield Hills, Michigan, US, purchased Nanotex from private equity and venture capital investors, W L Ross and Co. LLC as major stockholders, Norwest Venture Partners, Masters Capital Nanotechnology Fund, Firelake Capital Management and Masters Capital Management.
News14 Mar 2014US-Nordic collaboration aims to revolutionise sustainable materials
LAUNCH Nordic is a new initiative that aims to explore the sustainability of materials and the way they are made. Unveiled today to an audience of invited stakeholders in Copenhagen, Denmark, it extends the reach of the LAUNCH collaboration announced last year by Nike, NASA, the US Agency for International Development (USAID) and The US Department of State.
News13 Mar 2014Demand for many speciality fibres remains strong
The main alteration in the FOB quotations provided by The Schneider Group this week was a rise in offering prices for superfine alpaca tops, which follows recent increases for the baby types. With supplies of baby alpaca virtually exhausted, spinners and weavers have apparently turned to the Fine Spinning types to meet their production requirements.
News13 Mar 2014Stronger currency undermines New Zealand wool market
Wool Services International indicate that a modest sale this week encountered a limited enquiry from exporters. With supply and demand about in balance, an appreciation in the local currency against the US dollar was the main factor influencing prices.
News13 Mar 2014Australian wool prices continue to drift lower
The recent sluggish pattern of trading was repeated this week. As a consequence, the market continued to drift lower.
News13 Mar 2014South African mohair prices move higher
A sustained active demand continued to drive prices higher at the 2nd sale of the 2014 summer season in Port Elizabeth this week. The average indicator rose by 8.2% from the previous sale to close at R142.94 per kilo. A total of 199,619 kilos was on offer, of which 98% was sold.
News13 Mar 2014South African wool market holds firm
Prices were maintained at this week’s sale. The Cape Wools Merino Indicator remained virtually unchanged at R114.81 per kilo, clean. This is a 12.6% increase from the opening sale and 0.5% higher than the corresponding auction a year earlier.
SPESA to host VIP networking gala at triple textile event
US association The Sewn Products Equipment & Suppliers of the Americas (SPESA) will host the third biennial edition of its SPESA VIP Networking Event on May 13, 2014, at the Georgia Aquarium in Atlanta Georgia. Held in conjunction with the co-located Texprocess Americas, Techtextil North America and JEC Show Americas trade-show events, the evening event is designed to provide show exhibitors and visitors with an opportunity to network with fashion, sewn-products and technical-textile industry leaders and peers.
‘Spacetex’ project to test functional textiles in outer space
The first clothing physiology experiments to be carried out in weightlessness are to take place during the six-month Blue Dot space mission, which lifts off on 28 May 2014. Dubbed the ‘Spacetex’ project, the experiments will be designed to shed light on the interaction between the body, clothing and climate.
News13 Mar 2014Waterblocking yarn shows enhanced eco-performance
Teijin Aramid’s current product in the waterblocking yarns category, Twaron type D3052, features a super-absorbent polymer yielding superior waterblocking properties and has been met with positive feedback throughout the industry compared with its type 1052, according to the company.
Review13 Mar 2014Dornbirn MMF Congress to focus on innovation, cost and competitiveness
The 53rd Dornbirn Man-made Fibers Congress will take place from September 10-12,2014 with approximately 100 lectures from experts in the field.
News12 Mar 2014China’s January polyester filament yarn exports rise robustly from previous year
According to China Customs, polyester filament yarn exports during January amounted to 119,188 tonnes, down 18.24% from the previous month, but up 30.01% from the corresponding month last year.
New report outlines how apparel retailers can avoid another Rana Plaza
Multinational professional services firm Ernst & Young has outlined a number of ways in which clothing retailers sourcing from developing countries such as Bangladesh can avoid difficulties with contract manufacturing, such as those highlighted by last year’s incident at the Rana Plaza garment factory in Dhaka.
Coloursmith expands range of textile training services
UK-based Coloursmith is continuing to develop its range of textile training courses, with a new programme for high street brands and a partnership with an Indian company.
News12 Mar 2014CEMATEX offers grants to participating R&D institutes at ITMA 2015
The European Committee of Textile Machinery Manufacturers, CEMATEX, has announced that it will provide a grant to all participants of the Research & Education Pavilion at ITMA 2015.
News12 Mar 2014Currency appreciation negatively impacts Pakistan's textile industry
Yarn and fabric business in Pakistan has been overshadowed during the past week by the sharp appreciation of the rupee against the US dollar. The local currency has gained around 4% since the beginning of the month, on the back of an increased flow of foreign direct investment and associated rise in foreign exchange reserves.