MARKET & ECONOMY​

Santosh Kumar Gangwar, India´s Minister of State (Independent Charge) for Textiles, has urged rural women to promote sericulture for increasing silk production in the country. Speaking at the inaugural session of a national workshop on ¨Empowering Women Through Sericulture¨.

Orders of textile machinery for the second quarter of the year showed an increase, thanks to demand from foreign markets. Raffaella Carabelli, President of ACIMIT, said: ¨Good results from abroad, but we´re still concerned about poor domestic demand.

A.T.E. has been representing Corino Macchine S.p.A., Italy, for their range of processing machinery over most of India for the last five years. Strengthening the partnership between A.T.E. and Corino further, the representation is now extended to cover South India as well, thus covering all of India. A.T.E. will also be taking care of after-sales service for Corino-including erection.

It is with great sadness that the Textile Institute announces the death of its World President Dr Peter Dinsdale CText FTI. Peter passed away at the age of 69 on Sunday 10 August 2014

US demand for wipes is expected to expand 3.6 per cent per year through 2018 to $2.9 billion. Improving economic conditions will support increasing demand for wipes used in both consumer and industrial markets. Increased consumer spending will promote the use of higher value, more task-specific wipes in the consumer market.

The Cotton Association of India (CAI), the apex body for India´s cotton sector, will hold a conference, -´COTTON INDIA 2014´ from 24-26 November 2014 at the Renaissance Mumbai Convention Centre Hotel, Mumbai, India. This conference will be attended by a large number of delegates from across the globe especially the Indian subcontinent. Eminent speakers will share their experience and expertise.

Kimberly-Clark has announced the launch of its Aero Blue performance surgical gown, a new product for clinicians working in operating rooms.
In head-to-head fluid resistance tests, the soft, lightweight gown has been shown to deliver four times greater fluid protection than other non-reinforced gowns in the same category.

Four foreign fast-fashion brands were named in Chinas top five worst in terms of safety among imported clothing, the countrys quality watchdog announced recently. Forever 21, Zara, H&M and Mango were the most frequently found to fail quality

Although December futures have been testing higher values, they have yet to break decisively above resistance near 68 cents/lb and were range-bound over the past month with values trading between 65 cents/lb and 68 cents/lb.