Denim brands and retailers have made a sea-change in sourcing strategies in the first quarter of 2016, according to data released last week by the International Trade Administration’s Office of Textiles and Apparel, or OTEXA.
Month: May 2016
While Bangladesh, India and Pakistan are expecting higher exports of readymade garment (RMG) to the U.S. and European Union (EU), exports from the East Asian giant China and start-ups Cambodia and Vietnam are the on decline.
China continues increasing its share in global exports market, despite rumours that its grip on the export markets has been slipping. Only shift is in the product mix, which is becoming increasingly sophisticated and high-tech. Last year, China recorded its first decline in export value since the financial crisis of 2009.
The Free Trade Agreement between India and EU will be signed at the earliest since the dialogues between the two countries have been revived, said Rashmi Verma, Union Secretary (Textiles), said at the inaugural of the 42nd India Knit Fair.
Asia’s polyethylene (PE) and polypropylene (PP) prices may fall in the third quarter amid supply-demand imbalance, according to ICIS, which quotes industry sources. The third-quarter market outlook was a hot topic among buyers and sellers gathered in Shanghai for Chinaplas – a four-day annual exhibition for the plastics and rubber industries that kicked off on April 25.
With a series of customisation machines to offer, entirely focussing upon needs of the Indian market and its demand of digital fabrication, Roland DG and Apsom Infotex will be exhibiting three of the finest customisation machines that will mark their presence at the three-day event of the Screen Print India 2016 at the Bombay Exhibition Centre, Mumbai, from May 6-8, 2016.
Leaks are a significant source of wasted energy. There are two types of air leaks: planned and unplanned. Planned leaks are the ones that have been designed into the system. These leaks are blowing, drying, sparging, etc. used in the production process.