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ICE cotton futures shot up again this week with the spot December contract advancing 439 points to close at 93.32, highest since March this year.
Monday’s supply & demand report by USDA projected a tight supply situation with the US production down by nearly half million stat bales, and ending stocks down by 100k bales. World ending stocks were also down to the extend of over half million bales, and a smaller crop is expected with the biggest drop in China of one million bales.
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According to USDA’s first survey-based forecast of the 2013 crop, U.S. cotton production is projected at 13.1 million bales, 447,000 bales below July’s estimate and nearly 4.3 million bales below last season’s crop. The 2013 production decline is the result of both smaller area and a lower national yield.
Based on the August forecast, total cotton planted acreage in 2013 is estimated at 10.2 million acres, slightly below the area reported in the June Acreage report.
With planted area down
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Yarn Expo Autumn comes with over 100 exhibitors from 11 countries (c) 2013 Messe Frankfurt
This year’s Yarn Expo Autumn will take place from 21 – 23 October at the Shanghai New International Expo Centre in hall N4, with a strong line-up of yarn and fibre suppliers from around the world having already confirmed their participation.
Over 100 exhibitors from 11 countries and regions including China, Hong Kong, India, Indonesia, Korea, Lithuania, Pakistan, Singapore, Sri Lanka, Switzerland,
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Along with the wide range of home textiles on offer, Intertextile Shanghai Home Textiles – Autumn Edition has a comprehensive line-up of design and trend features providing inspiration for 2014/15. This includes the Intertextile International Lifestyle Trend Forum and China Home Textile Trend Forum, the debut appearance of ‘The Wool Lab Interiors’ display zone, design & trend seminars conducted by industry-leading experts and an interactive interior design forum.
The autumn edition of Int
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Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—fabrics, leather, technical textiles and composite materials, will be participating in Galleria Intima 2013, exhibition being organized by Intimate Apparel Association of India on 23rd and 24th August 2013 at Goa, India to showcase Lectra solutions specific to lingerie market.
The changing lifestyles and growing income levels in India has moved lingerie from just an innerwear to a fashion
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Leading UHF Gen2 radio frequency identification (RFID) technology provider Impinj, announced that retailer American Apparel is significantly improving inventory accuracy and on-shelf availability with a fully automated Senitron inventory visibility solution powered by Impinj.
The wide-area RFID system brings immediate benefits to American Apparel’s operations by improving in-store visibility and security and by eliminating manual cycle counting, which will empower in-store staff to dedicate m
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A retrospective tribute will be paid, to iconic British fashion rebels and enthusiasts, who helped in shaping up the international fashion industry by re-defining the conventional fashion sensibilities, through a series of films based on those people’s lives.
Slated to take place at the Australian Centre for the Moving Image from August 31 to September 7, 2013, the documentary film series will be organized by the British Council Australia.
To be held as part of GREAT Britain Arts 13, the e
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A classic example of art-meets-fashion will be reiterated through the newly formed collaborative venture between the noted British fashion brand Alexander McQueen and well-known English artist Damien Hirst.
The London-based label has roped in the talented art expert to create a limited-edition 30-piece scarf collection to mark the tenth anniversary of the former’s ubiquitous skull-print scarves.
A re-adaptation of Hirst’s famous ‘Entomology’ series, the ensembles will feature butterflies,
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Australian exporters report slack trading during the past week. Offers of Type 55 (21 micron) into China generally held at around US$10.10 per kilo, greasy, CIF (90 days Letter of Credit). A modest rebound in the Australian dollar versus the US currency to close to 92 cents has been the principal factor pushing quotations up from their lows of around US$9.70/9.80 witnessed the previous week.
However, Chinese processors and mills are still targeting those lower prices, especially with some lo
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The government today said it has raised textiles exports target to $43 billion for the current fiscal from $32 billion in the last year.
"In July 2013, the government has raised the annual export target for textiles and clothing from $32 billion (2012-13) to $43 billion (2013-14) following discussions with textiles export promotion councils in the backdrop of rupee depreciation and strong industry performance," Minister of State for Textiles Panabaaka Lakshmi said in a written reply to the Ra