Output of global yarn production rose in Q3 2012 in comparison to the previous quarter due to higher output in Asia and South America, while production in Europe and North America was down, according to new figures from ITMF. On an annual basis yarn inventory decreased due to lower stocks in Asia and South America despite an increase in Europe. Yarn orders in Q3 2012 were down both in Europe and Brazil in comparison to Q2 2012. World fabric production increased in Q3 2012 in spite of low

During December, exports of Australian wool amounted to 34,479,146 kilos, virtually unchanged from the previous month, but just over 15% higher than the year-earlier level. The cumulative total for the season through to December rose to 156,611,145 kilos, close to 4.0% up from the comparable figure in 2011/12. China remained the principal driver of that growth, with shipments to that destination increasing by 10.0% and representing nearly 77.0% of the total exported. Of the other major export ma

Cotton prices remained unchanged on Monday as demand was normal and arrival slightly lower in Gujarat. Gujarat Sankar-6 cotton was traded at Rs 33,900-34,100 for a candy of 355 kg in Gujarat. About 45,000-50,000 bales cotton arrived in Gujarat and 1.85 lakh bales cotton arrived in India. A Rajkot-based cotton broker said, “Currently, mills are primary buyers, while export demand is very limited. In this condition, price may remain at the current level.” On the other hand, traders expect cotton

Welspun India Ltd (WIL) ranks first in the Top 15 Supplier Giants ( USA) by Home Textiles Today in a recently concluded survey. Welspun has moved up the ladder to the number 1 position as compared to the number 2 position in the last year, the company said on Monday. The survey mentions that refocusing on core competencies Welspun has reported higher volumes and has improved margins in terry towels, towels and rugs. Dipali Goenka, MD, Welspun Global Brands Ltd BSE -2.65 % said this is a si

Textile exporters have urged the government to set up 'Low Productivity Support Fund' to support domestic industry, which is badly affected by energy crisis. They have showed disappointment over the announcement of what they said unrealistic trade policy by the government. Leading textile exporter and patron-in-chief of Pakistan Readymade Garments Manufacturers and Exporters Association (PREGMEA) Ijaz Khokhar while criticising the recently announced trade policy said that export target of $95

Biotechnology has made India a net exporter of BT Cotton from being an importer, with production nearly doubling to 510 kg per hectare from 225 kg over a decade ago, an industry player said Monday. "Biotechnology has raised standards in bio-agriculture with remarkable success in BT (bacillus thuringiensis) Cotton, increasing its production to 90 percent across the states," Karnataka's Biotechnology Vision Group chairperson Kiran Mazumdar Shaw said at an industry conference-cum-expo in Bangalore

About 1,000 workers at Kajaria Yarn and Twines Ltd’s Sibpur mill in Howrah district on Monday woke up to an indefinite lockout notice at the factory. The reason for the lockout, according to the management, is poor productivity and financial condition. This is not an isolated development. Given the hardships faced by the jute mill industry in West Bengal, one of the few surviving manufacturing sectors in the state, industry experts say a strike threat is looming large, which could lead to more

The Secretariat noted last month, that just as in a Sherlock Holmes novel where the telling clue is the dog that did not bark, the key to understanding the cotton market was in recognizing what was not happening. Among other things, cotton prices during the first five months of 2012/13 did not exhibit the usual level of volatility. However, cotton prices rose in mid-January. The Cotlook A Index fluctuated around an average of 83 cents per pound from early June 2012 to early January 2013. It t

Color Solutions International announced that it is partnering with IDEAS Active Sports Design Network to specify CSI colors on seasonal trend forecasts from IDEAS. The trend colors are selected from CSI’s 4,000 ColorWallTM colors, which are formulated with production ready recipes based on globally available dyes from DyStar. As an added benefit, DyStar’s dyes have the highest ecological commitment (Econfidence) in the textile industry. The partnership will increase the speed of the seasonal

NamaSTAY Yoga Towels announced the issuance of a US Patent on its unique yoga towels, which are utilized by the growing number of hot yoga practitioners. The patent D674, 226 was issued for the proprietary design of a non-slip towel that includes sleeves that securely wrap around both ends of a yoga mat to provide protection from slippage due to sweaty hands and feet. The towels are made of lightweight, 100% recyclable microfiber fabric that easily attaches to yoga mats and always stays in pl