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Cotton prices continued to reduce, due to a fall in international prices

Related Keywords: China, cotton, exports, fabrics, fibres, Imports, production, research, trade, yarn

India Ratings and Research (Fitch Group) has published the August 2019 edition of its credit news digest on India’s textile sector. The report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres, yarns, fabric with a focus on commodity prices, imports/exports, production and recent rating actions.

Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices. The agency expects the prices to fall further as global production is likely to be higher than demand growth.

Organic cotton and microplastic reduction mean growth

Related Keywords: bleaching, dyeing, government, organic cotton, polyester, Textiles, US, yarn

Textiles has been a tough business in the U.S. for a long time. Nobody knows that better than the Zaslow family. So their newest project, a direct-to-consumer (D2C) line of organic cotton bedding called American Blossom Linens, is something to keep a close eye on.

Portuguese textile company unveils new eco fiber

Related Keywords: cork tree, Cork-A-Tex, cotton, fashion, fiber, innovation, natural, New York, Portugal, sustainable, Têxteis Penedo, Textile, yarn

At the New York Market – It took much persistence and passion. But now, after eight years in development, Têxteis Penedo is at New York Home Fashions Market with its Cork-A-Tex innovation, developed to turn cork into fabric for home textiles.

At its headquarters in Guimarães, Portugal, the company recently opened a new factory to produce sustainable home textiles made of 30% cork fiber and 70% cotton.

Hyosung to debut recycled spandex

Related Keywords: fibre, Intertextile Shanghai, manufacturing, Recycle, spandex, sustainability, woven, yarn

Fibre manufacturer Hyosung will be presenting an updated collection of its recycled fibres at the upcoming Intertextile Shanghai show (September 25 to 27), including its first innovations in recycled spandex.

It claims its recycled yarns offer the same performance levels as its standard products.

The South Korean group will also show its cooling fibres, mipan regen aqua x nylon and regen askin, and its natural touch polyester cotna fibre. It will also focus on creora Color+, a spandex that provides vibrant colours for nylon.

US profits hurt by cheap foreign polyester

Related Keywords: America, China, Imports, India, market, polyester, purchasing, Recycle, Repreve, Textiles, Unifi, US, yarn

A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India.

Unifi, which recycles PET into REPREVE brand fiber, reported sales of $708.8 million during the 2019 fiscal year (the year that ended June 30, 2019). When adjusting for foreign currency translation impacts, that was up 7.6% over the prior year, according to a press release.

Cotton yarn, fabric exports fall by 24%

Related Keywords: cotton, crisis, export, fabric, fall, government, taxes, Textile, yarn

Monthly exports of cotton yarn is at a 5-year-low.

Export of cotton textiles continued their downtrend and registered a fall of 24 per cent during the April-July period. The provisional data released for the first three weeks of August also showed a decline of 25 per cent month-on-month.

Biodegradable trainer created by Brazilian companies

Related Keywords: Brazil, fibre, innovative, manufacturer, polyamide, sustainable, Usaflex, yarn

Eight Brazilian companies have worked together to produce a shoe made with biodegradable materials and which they claim uses 30% fewer processes in its production compared with traditional methods.

Fibre manufacturer Rhodia supplied the Amni Soul Eco biodegradable polyamide yarn for the upper, which was knitted by Bertex.

The insole, also made of Amni Soul Eco yarn, was developed by the Cofrag Group, and Linhasita supplied Green Fibre biodegradable polyamide stitching thread.

New technology enhances natural cotton properties

Related Keywords: apparel, cloathing fiber, cotton, FABRICAST, fabrics, manufacturing, Nanotex, technology, yarn

If anyone doubts the staying power of cotton, consider that it was used 7,000 years ago for clothing in Ancient India, according to “The History of Clothing.” Its popularity has only continued, as modern performance technology has enhanced cotton’s natural properties so brands and designers can meet consumer demand for the fiber.

Nanotex, a leading provider of nanotechnology solutions for textiles, has a number of innovations that are applicable to cotton, said Kathryn Czuchra, marketing manager.

Indian textile sector suffering in international market

Related Keywords: apparel, Bangladesh, China, clothing, cotton, export, fabric, import, India, Textile, Vietnam, yarn

India ranked fifth in the global textile and clothing exports in 2018 though it was in the second position between 2014 and 2017, according to the Confederation of Indian Textile Industry.

Sanjay K. Jain, chairman of the Confederation, has said in a press release that the space vacated by China was largely occupied by the least developed countries, including Vietnam and Bangladesh. India has not been able to tap the opportunities because of its competitive disadvantages and trade barriers in the international markets.

Synthetic textile exports go up

Related Keywords: environment, export, fabrics, fibre, growth, India, man-made, MMF, polyester, sustainability, technology, Textile, value chain, viscose, yarn

Man-made fibre (MMF) industry is contributing 2% to India’s GDP and providing jobs to over 18 million people directly and more than 20 million indirectly and technical textiles are expected to see a significant growth in coming time, according to a textiles export body.

Synthetic & Rayon Textiles Export Promotion Council chairman Ronak Rughani said with an increasing focus on protecting environment, the demand for man-made fibre (MMF) textiles as a substitute for cotton is growing globally.

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