As the technical textiles market continues to grow, China is expected to remain its leader and meet most of the demand from countries in the US and Europe. That’s according to the latest research from business networking platform, BizVibe. The global technical textiles industry was estimated to be worth US$142bn in 2015 and is expected to reach US$165bn by 2019. The vast majority of technical textiles come from Asia-Pacific, which accounts for a share of almost half of the global technical te

Viet Nam’s garment and textile revenue increased for the first half of this year but experts said the growth has not yet become sustainable. The national garment and textiles export value in the first half of the year grew 11.3 per cent year-on-year to US$14.58 billion, higher than the growth rate of 6.1 per cent year-on-year in the same period of 2016. Le Tien Truong, deputy general director of the Viet Nam Garment and Textile Group (Vinatex), said the results by the garment sector were a

Israel-based start-up Twine Solutions has developed an innovative digital thread dyeing system that dyes a single, white, off-the-shelf thread in any colour for any desired length. The company's Digital Selective Treatment (DST), a waterless eco-friendly technology, can go into shade variations on demand. It looks into colour gradients within seconds using proprietary inks. Speaking about the technology, Yariv Bustan, vice president, product & marketing, Twine Solutions told Fibre2Fashion

At a seminar organised by the Confederation of Indian Industries (CII) in Coimbatore on Thursday, a delegation from five African nations discussed about opportunities in textiles, food and agro-processing, agriculture, leather and leather garments, renewable energy, healthcare, pharmaceuticals and education where Indian industrialists and entrepreneurs can find business potential in African countries. Mali, Seychelles, Uganda, Ehtiopia and Botswana were the African nations that had their repr

RMG manufacturers are working hard to face the challenges by introducing production engineering, technological upgrade etc, but it is not enough Bangladesh’s export earnings from the apparel industry, the lifeline of foreign currency earners, have seen only a 0.20% rise to $28.15 billion, which is the lowest on record in the last one and a half decades, in the just-concluded fiscal year. However, Bangladesh’s overall export earnings stood at $34.83 billion in FY’17, which is 1.68% higher t

In a bid to raise imports of the premium Merino wool from Down Under, Australia's The Woolmark Company is planning to tap handloom weaving clusters in Gujarat and Manipur. The Woolmark Company, which represents 55,000 wool growers in Australia, hopes to raise imports of Merino wool in India on the back of varied textile products. “About 85 per cent of Indian wool is that of carpet grade, with 10 per cent being coarse grade and only five per cent apparel grade. The textile and apparel industry

China's securities regulator has approved the launch of cotton yarn futures on the Zhengzhou Commodity Exchange. The cotton yarn futures, together with the cotton futures that are already traded, will help companies to improve risk management. Frequent fluctuations in cotton yarn prices have had negative impacts on related industries in the past few years. Futures contracts obligate investors to buy or sell the underlying assets at a predetermined price at a specified time, helping investors

Trading at cotton market remained grade selective while buyers consolidated their future positions with fresh fine lots making forward deals for better grades of lint on sellers' asking price pushing physical prices in green zone amid firm spot rate of Rs6,100 per maund at Karachi Cotton Association (KCA), traders said. Floor brokers said that buyers bought all grades at around Rs 6,275 per maund to Rs 6,500 per maund and deals for fine and second grade lint for blending purpose remained soun

Textiles and garments continued to see positive export growth in the first half of this year, increasing 10.6 per cent year-on-year to $14.2 billion, according to figures from the Ministry of Industry and Trade (MoIT). The first-half figure, however, is a touch below what’s needed for the annual target of $30 billion to be reached. Significant contributors to growth included fiber, with export turnover of $1.69 billion, up 27.4 per cent year-on-year, and garments, up 9.1 per cent to $11.84

CHINA’S economy is expected to grow 6.5 percent this year with the yuan weakening to 7.1 per US dollar, Commerzbank said yesterday. A slowdown in the real estate market and policymakers’ commitment to deflating asset bubbles will drag domestic economic growth for the year down from first quarter’s 18-month record of 6.9 percent. China’s policy tone has turned less dovish since late 2016 and the People’s Bank of China will continue to maintain relatively tight liquidity to force de-leveragi