MARKET & ECONOMY​

Expotextil, the fair for the textile and garment sector in Peru, will be held from 24 to 27 October in Lima. At Expotextil there will also be a large representation of Italian textile machinery manufacturers.

At last ITMA in Barcelona, the French Textile Machinery Manufacturers’ Association (UCMTF in French) announced the appointment of Christian Guinet as Secretary General.

Global yarn production increased by +17 per cent between Q4/18 and Q1/19. Higher output levels where observed in Asia (+18 per cent), Brazil (+18 per cent), the USA (+3.2 per cent) and Europe (+1.6 per cent).