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Insight7 Feb 2014WTiN Outlook: risk of ‘short’ squeeze continues to cast shadow over cotton market
Figures last week suggested that the volume of unfixed ‘on call’ purchases remained large and that the international trade also continued to carry a substantial net ‘short’ position. With the discount between the July and December 2014 contracts remaining close to 10 cents, the incentive to liquidate potential loss-making ‘short’ positions over the next few months remains strong.
News7 Feb 2014Slow pace of Indian seed cotton arrivals continues to support market
The key to the Indian cotton prices outlook remains in the answer to the question, “how long can farmers continue to withhold seed cotton from the market?”
News7 Feb 2014International cotton prices flat ahead of spot month's maturation in New York
New York cotton futures have fluctuated within a fairly narrow range during the past week, helped in part by a calmer macro-economic backdrop, with concerns over emerging markets easing somewhat. The approach of the delivery period for the maturing March contract has remained the focus of attention, with any market participants not wishing to sell or buy physical cotton against positions in the spot month looking to exit the futures market.
Review7 Feb 2014Asian technical textile potential drives exhibitors to Cinte Techtextil China
Asia’s large technical textile potential is driving a wide range of exhibitors to the Cinte Techtextil China exhibition, which will run from September 24-26, 2014, at the Shanghai New International Expo Centre, according to Messe Frankfurt.
Insight7 Feb 2014India gaining ground in wool sector
Rising consumption of Australian wool and increased exports to the US highlight India's growing share of the wool market.
News7 Feb 2014Technical textiles to help drive growth at Sympatex
Technical textiles is becoming an ‘exciting’ area for Sympatex Technologies GmbH and is expected to become a ‘key contributor’ to the success of the company in the future, WTiN has been told.
News7 Feb 2014Lenzing appoints Robert van de Kerkhof as CCO
Lenzing has appointed Robert van de Kerkhof as chief commercial officer (CCO) as a member of the Management Board for a period of three years as of May 1, 2014.
News7 Feb 2014Italian police seize ‘rat fur’ cashmere
Police in Rome seize counterfeit cashmere containing rat fur.
News7 Feb 2014ESCP Europe and Lectra inaugurate Fashion and Technology Chair
A new Fashion and Technology Chair has been inaugurated by Daniel Harari, Lectra CEO, and Edouard Husson, dean of ESCP Europe Business School.
News6 Feb 2014US textile and clothing imports 4.6% higher in 2013
Although US textiles and apparel imports underwent a seasonal decline towards the end of last year, from July through to December the monthly totals showed strong growth versus the previous two years. In December, shipments amounted to 4.27 billion square metre equivalents (SME), 5.6% more than a year earlier and 12.7% above the corresponding level in 2011.
Insight6 Feb 2014US textile industry comes back to life, especially in South
Regeneration in US textile industry benefits the Southern States.
News6 Feb 2014Cashmere, alpaca and silk prices unchanged
The Schneider Group has renewed FOB offering rates for cashmere, silk and alpaca at unchanged levels this week.
News6 Feb 2014SWAR Project: Turning water savings into profit for Indian textile suppliers
A water management project among textile suppliers in India has revealed how the country’s production base can achieve environmental improvements and financial gains - by going green.
News6 Feb 2014Chinese holidays continue to influence weaker Australian wool market
Exporters have reported generally subdued trading conditions this week, with Chinese buyers only just beginning to return to work following the Spring Festival. A stronger local currency and associated support for export offers in US dollars have been a further impediment to the conclusion of new business. Offers of Type 55 into China have typically been fairly well maintained at around US$11.10/11.30 per kilo, clean, CIF (90 days Letter of Credit). Bids have generally been pitched closer to US$1,080 per kilo. Some modest enquiry has been forthcoming from other parts of Asia and Europe, but not enough to stimulate a significant upturn in trade purchasing at auction.
Technical6 Feb 2014Sustainability in Indigo Dyeing
This report discusses issues related to sustainability in denim dyeing. As part of this study, denim producers and suppliers of machinery and chemicals for denim production were surveyed about methods they have implemented that demonstrate the potential for reducing water use, energy use, or raw-material waste.
Origami knits
Collapsible as a noun was a neologism first used in a book entitled Collapsibles [1]. Collapsibles are objects that, in one way or another, fold out for action and fold up for storage. Collapsibles are ubiquitous. They exhibit two opposite states, one folded and passive and one unfolded and active.
Sandler celebrates 135 years with new website
Sandler is celebrating its 135th anniversary and has launched a new website to demonstrate the company’s fascination with nonwovens.
News6 Feb 2014South African wool auction prices well supported
A small offering and sustained demand, especially for higher quality fleece, helped push the market modestly higher this week. Traders are of the opinion that the shortage of good wool may help underpin current price levels moving forward. The offering totalled 7,733 bales, of which 96% was sold. The Cape Wools Merino Indicator rose by 0.5% to R120.77 per kilo, clean, 18.5% higher than the opening sale this season and up 4.4% from a year earlier.
Cotton ‘hoarding’ adversely affecting Indian spinning and fabric mills
The Indian yarn spinning mill sector has been on a roll in the last 18 months due mainly to stable fibre supply, favourable cotton prices and growing demand from the major importing blocks of the USA, Europe, China and Korea.
News6 Feb 2014Slower trend in Australian wool exports continues
After a strong start to the season, the pace of exports slowed during November and December. The latest figures published by the Australian Council of Wool Exporters and Processors indicate that exports in December, at 28,822 tonnes, were 2.5% below the previous month and no less than 16.1% lower than the year earlier statistic.
Lauma Fabrics acquires Elastic Textile Europe
Latvia-based LSEZ Lauma Fabrics SIA, one of the leading manufacturers of lace, elastic knitted fabric and ribbons in Europe, has acquired 100% shares in the German textile firm Elastic Textile Europe GmbH.
News6 Feb 2014“BioAmber Sarnia capacity to be 30,000 tonnes,” says Mitsui
Mitsui & Co and industrial biotechnology company BioAmber have stated that the annual production capacity of their first bio-succinic acid plant, which is expected to start-up commercial production in 2015, will be 30,000 tonnes.
News5 Feb 2014ICA and CAI sign MoU
The International Cotton Association (ICA) and the Cotton Association of India (CAI) have signed a memorandum of understanding (MoU) to formally acknowledge the cooperation between the two organisations.
News5 Feb 2014UPDATE: Dover acquires MS Italy
Dover, the diversified global manufacturer, has completed the acquisition of Italy-based MS Printing Solutions S.r.l. (MS) a leading designer, manufacturer and distributor of innovative digital inkjet printing systems serving the textile and specialty material markets.