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  • Spot buying from weaving industry was still very weak in polyester-cotton yarn and polyester yarn market. Recycled PC yarn prices registered a declining trend as prices dropped by ₹10 per kg. However, most counts and varieties of virgin PC yarn were sold at last prices. According to trade sources, many spinning mills may further cut production.“The market is not getting any sign of improvement in demand. Demand remained very weak as buyers do not want to take risk in current volatile market,” a
  • China is anticipated to witness a significant rebound in economic growth in the second half of the year (H2) after approved stimulus policy measures take effect, according to China’s Premier. However, rising consumer inflation may cause obstacles to the country’s economic growth. China’s government is taking steps to maintain the overall prices within an acceptable range.“China's economic operation has been through an unusual journey since the start of this year,” said Premier Li Keqiang at
  • UK-based recycling innovator,Worn Again Technologies(WAT) has launched a new recycling network- Swiss Textile Recycling Ecosystem.This project will assist the formation of a circular economy based on WAT Technologies’ unique polymer recycling technology.Figure: The consortium will be composed of WAT’s main shareholders, Sulzer, Oerlikon andH&M Group.To achieve full circularity and trigger a paradigm change in the fashion business, all parts of the value chain must be on the same page and wor
  • The prices of polyester-cotton yarn and polyester yarn dropped further today in Indian markets because of oversupply and sluggish demand. Polyester and blended yarn prices slumped ₹5-15 per kg in Ludhiana. Prices of PTA, monoethylene glycol (MEG) and polyester staple fibre (PSF) came down after continued pressure on crude oil, according to traders.A Ludhiana based trader toldFibre2Fashion,“There was glut situation of blended and polyester yarn supplies because many spinners have shifted to non-c
  • The garment industry of China witnessed a growth of 6.1 per cent year-on-year (YoY) in the operating revenue during the first five months of this year. About 13,053 major apparel companies of the country collectively generated a revenue of 561.1 billion yuan (about $83.9 billion) between January and May 2022, as per the ministry of industry and information technology.The country’s exports of garments and accessories increased by 10.2 per cent between January and May to reach $62.2 billion. Howev
  • UK-based biomaterials startupModern Synthesishas raised $4.1 million in seed funding to support its microbial textile platform that aims to make the fashion industry more sustainable.Shoe prototype in the lab by Modern Synthesis. Image credit: Modern SynthesisModern Synthesis’ microbial textile tech leverages bacteria to transform sugar from agricultural waste into nanocellulose, which is a biodegradable material valued for its abundance and its strength. The goal is to replace animal- and petro
  • Apparel exports from Turkiye increased by 17.91% in January-May 2022 (According to the data from the Turkish Statistical Institute and the country’s ministry of trade). During the first five months of the current year, Turkiye exported apparel worth $8.018 billion, compared to exports of $6.801 billion during the same period of 2021.Turkiye’s apparel exports rise 17.91%Category-wise, exports of knitted and crocheted clothing and accessories earned $4.428 billion in January-May 2022, registering
  • Cone Denim ®, a global leader in denim authenticity and sustainable innovation for more than 130 years, is excited to expand its sustainability commitment by highlighting the usage of regenerative cotton in its premium denim lines.Figure: Cone fully supports the Regenagri® initiatives that help businesses move to holistic farming by prioritizing soil health and biodiversity, lowering greenhouse gas (GHG) emissions, and sequestering CO2.In collaboration with international regenerative agriculture
  • Arık Bey, member of Akkanat Holding, was founded in 1985. The company counts 4 facilities located in Beysehir, Corlu andIstanbul and produces 10 million kg of cotton a year.It serves the spinning, confection and embroidery markets and suppliesthe world’s largest sportswear brands. Arık Bey stands for high quality and pursues one goal: turning cotton into perfection.Figure: NASA HPS 68 and CROCOdoff are the perfect combination to reach new levels of performance.After more than 20 years of trouble
  • Itema, the leading Italian manufacturer of advanced weaving solutions, including weaving machines, spare parts, and integrated services, exhibits the most comprehensive weaving portfolio on the market to weave technical fabrics at Techtextil, from June 21st to 24th (Hall 12 – Booth A50) in Frankfurt, Germany.Figure: Itema, the leading Italian manufacturer of advanced weaving solutions, including weaving machines, spare parts, and integrated services, exhibits the most comprehensive weaving portf
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