News Tags

Related Keywords: China, consumer, cotton, export, futures, production, Textile, trading, Zhengzhou Commodity Exchange

Cotton futures closed lower Thursday on the Zhengzhou Commodity Exchange (ZCE).

The most active cotton contract for January delivery lost 85 yuan (12.02 U.S. dollars) to close at 12,890 yuan per tonne.

On Thursday, the total trading volume for 6 listed cotton futures contracts on the ZCE was 292,860 lots with a turnover of 18.93 billion yuan.

As the world's largest producer, consumer and exporter of textile, China listed cotton futures on ZCE in June 2004, helping cotton-related enterprises hedge the price risk.

Related Keywords: bags, consumer, fruit, Lidl, long term, packaging, plastic, plastic waste, polyester, recycling, reusable, UK, vegetable

Lidl has said that it has become the first supermarket in the UK to introduce reusable fruit and vegetable bags across all stores nationwide to help reduce plastic waste in the long term.

A Lidl spokesman told Bio Market Insights that the bags were made from durable polyester and were designed to be “machine-washable and long lasting”.

The bags, priced at 69p for two, aim to provide customers with a reusable alternative to single-use, small fruit and vegetable bags.

Related Keywords: consumer, integrated fiber company, INVISTA, Lycra, man made fiber, rebranding, trade

Invista, the world’s largest integrated fiber company, is planning rebranding its man-made fiber line, Lycra. The brand’s high consumer awareness is one of Invista’s most important assets. The company is rebranding Lycra to consumers with the message, “Lycra Moves You.” The new slogan will enhance the three benefits associated with the Lycra brand: freedom, comfort and movement.