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Insight15 Jan 2014WTiN Outlook: the global wool supply and demand balance
The second half of the 2013/14 wool season is likely to be dominated by tight supplies in the major exporting countries. Auction volumes in the main producing centres have so far this season fallen short of the comparable levels in 2012/13.
News15 Jan 2014Small UK wool auction attracts active participation
The first auction in Bradford since December 11 was held last week and attracted a good level of buying interest. The offering was again relatively small, despite the long gap between sales, totalling 1,698,529 kilos, all of which was cleared. The British Fleece Wool Price Indicator rose by 2.8%, to 223 pence per kilo.
News15 Jan 2014Ensuring transparency in textile chemistry
Growing calls for transparency in the textile and garment industry have placed even greater pressure on chemical manufacturers operating in the sector, however due to intellectual property rights relating to the formulation of commercial chemical products (CCPs) this has been difficult to achieve.
Insight15 Jan 2014WTiN's minimum wage review
In an attempt to compare wages across various textile producing nations, we have compiled the following list of minimum wages. Where possible we have provided minimum wages specific to the textile or garment industry. If multiple rates are shown for an individual country, we have selected those applicable to states or provinces with a concentration of textile production. Otherwise the rates shown are generic. As stated in the table, for the sake of comparison, we have converted all the wages to a monthly basis, assuming an 8-hour working day and an average of 21.741 working days per month.
News15 Jan 2014Pakistan cotton yarn prices increase, but business slow
Cotton yarn prices on the domestic market have increased for a second consecutive week, in response primarily to stronger domestic cotton prices and rises in import quotations for Indian cotton and yarn. However, trading activity at the higher prices quoted has been slack. Local weavers and knitters have commented that fabric business has remained rather slow of late and that their selling rates have not increased. As a consequence, few have been willing to add aggressively to their raw material inventories.
News15 Jan 2014Acquisition boosts Texhong’s profits
Following the acquisition of Shandong Morigin Textile Factory Co., Ltd, Texhong Textile, one of the largest suppliers of cotton/spandex fabrics in the world, has received a RMB 260 million ($43 million) boost to its profits.
WTiN Textile Price Forecasts
In response to requests from subscribers, we are presenting our view of potential movements in prices for a number of key benchmark values for a range of fibres, yarns and fabrics during the forthcoming six months. We will publish the forecasts in January and July but review the predictions in the interim, making adjustments and providing explanations for any changes in the outlook.
Changing sourcing scenario
India’s luxury apparel market is worth $370m and growing. Knitwear accounts for a significant proportion of it, however, Indian companies are struggling to match design and manufacturing expertise, making the country dependent on imports, an opportunity for those countries operating at the high end of the market.
Review15 Jan 2014Domotex attracts 45,000 visitors
Domotex 2014 attracted 45,000 visitors from more than 80 nations to the event held in Hannover earlier this week.
News15 Jan 2014Strong domestic cotton prices continues to boost Indian yarn market sentiment
Trading activity on India’s domestic cotton market has remained relatively bright, with mills seeking to cover their raw material requirements with increased urgency, following the recent upturn in prices. In addition, seed cotton arrivals have remained below expectations, leading some observers to question previous crop estimates. Other sources indicate that the slower flow of cotton to market has been influenced by farmers withholding supplies from ginners, in the hope of obtaining better prices down the line. Growers’ ability to carry cotton has been enhanced by strong sales early in the season, which has bolstered their financial standing.
Profile15 Jan 2014HP expands opportunities for digitally printing wallcoverings
HP has expanded its digital printing solution for wall decorations at Heimtextil 2014, helping print service providers (PSPs) and wallcovering manufacturers capture new revenue with high-value wall décor applications for commercial, retail and residential spaces.
News15 Jan 2014Conwed to highlight new elastomeric netting at VISION
Conwed, the plastic netting manufacturer, is to share its latest innovations at VISION 2014 - Consumer Products Conference, organised by the Association of the Nonwoven Fabrics Industry (INDA) in Dallas, Texas, from January 27-30, 2014.
News15 Jan 2014Chinese acrylic staple fibre prices mirror rebound in feedstock values
Acrylic staple fibre quotations started to rebound from a long-term downward trend on January 13, a recovery that has been sustained into this week.
News15 Jan 2014Wacker expands presence in India
Wacker, the German-based chemical group, has strengthened its presence in India by opening its expanded technical centre for silicone products in Amtala near Kolkata.
News15 Jan 2014Hyosung expands creora fibre range
Korean-based Hyosung, one of the largest spandex producers globally, has developed a number of new creora speciality fibres.
INDA appoints new director of marketing
INDA, the US-based association of the nonwoven fabrics industry, has appointed Joan Izzo as its new director of marketing.
News14 Jan 2014Nonwovens get animated in the build-up to INDEX
Show organisers EDANA and Geneva Palexpo have come up with a novel way to promote the versatility of nonwovens and to showcase the wealth of possibilities that will be unveiled at the INDEX show in April in Geneva, Switzerland.
Maxcess International acquired by Bertram Capital
US-based Maxcess International Holding Corporation, which specialises in guiding, winding, slitting and tension control systems for web fed converting applications, has been acquired by Bertram Capital. This marks Bertram’s fifth deal in the plastic processing industry and second investment in the web handling equipment industry, following the 2012 acquisition of Webex Inc.
Ispo changes weekday schedule for 2015
Sportswear goods trade fair Ispo is changing the weekday schedule for the event in 2015, due to a busy calendar of events at Messe München’s exhibition centre. The event will be held from Thursday February 5 to Sunday February 8, 2015.
News14 Jan 2014Smartfiber enters new Home Textile partnerships
Smartfiber AG, a producer of nature-based Lyocell fibres with different functionalities for the international market, has partnered with two new companies.
Insight14 Jan 2014Can wool win in Home Textiles?
Wool is beginning to grow its presence in the Home Textile market, as people are looking for alternative fibres to use in their collections, according to industry insiders at Heimtextil 2014.
Thwing-Albert adds touchscreen facility to EJA Vantage series
Thwing-Albert has updated its EJA Vantage series universal testing machine for nonwoven and textile applications with a touchscreen instrument controller to simplify the process of tensile tests, peel tests, compression tests and COF tests.
Profile14 Jan 2014Seamless knitting pioneer ‘humble in learning and proud in working’
The Santoni Company has paid homage to CEO Tiberio Lonati, who died in December. The first thing that struck anybody who met or knew Tiberio Lonati was his charismatic charm combined with a natural humility and his spontaneously warm friendliness. He always remained faithful to his father’s golden rule of being “humble in learning and proud in working”.