Following successful verification in accordance with the Cotton made in Africa (CmiA) sustainability standard, the Aid by Trade Foundation (AbTF) will now be involved in sustainable cotton farming in North-Western Ethiopia, supporting over 9,000 smallholder farmers.
Browsing: Spinning
Demand for carpets and rugs in the US is projected to advance 4.5 per cent annually to 14.6 billion square feet in 2019, valued at $16.2 billion. Growth will be spurred by rebounding building construction expenditures and continuing consumer interest in replacement and remodeling projects, such as the removal of worn or out-of-style carpets & rugs.
The global polyethylene terephthalate (PET) market will continue to be affected by upstream market volatility because of economic uncertainty. As PET pricing is partly driven by the upstream purified terephthalic acid (PTA) and monoethylene glycol (MEG) prices, margins are expected to remain thin.
Growth in the volume of world merchandise trade will pick up only slightly over the next two years, rising from 2.8 per cent in 2014 to 3.3 per cent in 2015 and eventually to 4.0 per cent in 2016, WTO economists have announced. Director-General Roberto Azevêdo said that ´by withdrawing protectionist measures, improving market access, avoiding policies which distort competition and striving to agree reforms to global trade rules, governments can boost trade and seize the opportunities that it offers for everyone.´
The International Apparel Federation (IAF) has signed an MoU with the Hong Kong General Chamber of Textiles (HKGCOT). The aim is to exchange knowledge on innovation, apparel markets and international business opportunities.
It is one thing to design interiors according to the latest furnishing and fashion trends. Quite another to make your designs set a trend of its own.
The Cotton Council International organized an invitation only seminar evening recently at Trident Oberoi, Mumbai. The seminar offered useful insights on the global scenario of cotton and the cotton textile industry.