Despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still anticipated. This will bring 2014/15 world ending stocks to 21.3 million tons, up 9% from 2013/14 and up 147% from 2009/10 when stocks reached a 15-year low. The average world stock-to-use ratio in the 25 years before China began its reserve policy in 2011 was 47%. However, the volume of ending stocks would represent 87% of the projected consumption in 2014/15, and is weighing heavi

A group of Azerbaijanis here are making the most of relaxed visa rules for them in Turkey and Russia, to take the two-and-a-half-hour-flight to the Russian capital. This one-day cargo, mainly consists of women’s dresses, is important for Russian companies with a high demand for Turkish textile productions. According to one of these very frequent fliers originally hailing from Azerbaijan who describes his business not as “suitcase trade” but “transportation,” adding that it is difficult to est

A large number of spinning mills in the region are increasingly opting to upgrade their units to produce compact yarn through retrofits. They are also installing compact yarn spinning systems in their Greenfield project as well as for expansion. According to K Selvaraju, secretary general, Southern India Mills' Association (SIMA), mills are opting for retrofits as the costs are lower and weaving units are opting for faster air jet looms. Textile machinery major Lakshmi Machine Works (LMW), wh

Related data show that in the first ten months of this year, above-scale garment enterprises in Shandong Province produced more than 2.49 billion pieces of garment, down 0.02% from a year earlier. Since July, the growth rate stopped the declining trend. In this period, the sales revenue of above-scale garment enterprises grew 11.22% year-on-year to CNY 185.74 billion, 2.64 percentage points faster than the national average. However, the whole-year development shows evident downward trend and

In 2015, China will make breakthrough from intelligent manufacturing, carry out special operations on setting up pilot and demonstration industries and enterprises of intelligent manufacturing and promote intelligent manufacturing production mode, Miao Wei, minister of the Ministry of Industry and Information Technology (MIIT) said at the recently held national conference on industry and information technology. Textile industry is included in the list of industries to set up pilot plants. Mi

According to a survey on 31 provinces, autonomous regions and municipalities, China's cotton planting area in 2014 shrunk by 2.9% to near 4.22 hectares, showed a contraction of 126,500 hectares compared to 2013, the National Bureau of Statistics said on Dec. 18. The yield per unit area increased by 0.7% or 10.8 kg/hectare to 1,460.3 kg/hectare in 2014, the survey showed. In 2014, the cotton production dropped by 2.2% from 2013 to 6.16 million tons, in which, near 60% or 3.677 million ton

Custo Barcelona, the Spanish apparel brand of Custo Dalmau — the designer of clothes for 80 episodes of Sex and the City and dresses for Hollywood celebrities like Julia Roberts, Jennifer Aniston, Penelope Cruz, Beyoncé and Shakira — is set to make its India entry this weekend. The brand will start its operations here with two stores, in Delhi and Mumbai, and then expand over a period, according to Dalmau. Its sale will be limited to exclusive outlets, and there will be no multi-brand retailing.

Selective buying by mills seen on the cotton market on Monday in the process of trading, dealers added. The official spot rate was higher by Rs 50 to Rs 4,950, dealers said. In the ready session, nearly 8,000 bales of cotton changed hands between Rs 4700 and Rs 5250, they said. The seed cotton in Sindh was available at Rs 1800 and Rs 2400, in Punjab rates were at Rs 1800 and Rs 2800, they said. Market sources said that despite the fact that the ginners, who are under pressure because of expe

The price index of issue 20150112 of “China • Keqiao Textile Index” closed at 103.54 points, 0.04% lower than that of last period, 0.04% down from the beginning of this year, and decreased by 1.74% YOY. According to statistics, the total turnover of textile in China Textile City in December 2014 is 782.29 million meters, increased by 10.77% MOM and 12.53% YOY; the total turnover from January to December is 5460.92 million meters, increased by 13.35% YOY. The textile transaction in China Texti

Wool is New Zealand's 14th largest commodity export, worth an estimated $741 million in the year through November. Wool prices softened at the latest auction amid high seasonal supply from the 'main shear' shearing season from December to early February. Main shear typically accounts for about 60 percent of the annual crossbred wool clip. An increase in the New Zealand dollar since the last auction weighed on exporters, with the kiwi recently touching a 2 1/2 year high against the euro and close