In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
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The Textile Effects division of Huntsman Corporation has been selected as the overall winner in the 2016 Dyestuff Manufacturers’ Association of India Awards (DMAI) 2016 for recognition of “Excellent Performance in Exports of Dyestuffs by Large Scale unitâ€Â. Huntsman Textile Effects also won the category for “Excellent Performance in Safety & Hazards Control by a Large Scale unitâ€Â. The awards recognize the outstanding contribution of Huntsman Textile Effects in supporting environment, health and safety and sustainability for the textile industry.
Britain’s decision to exit from the European Union is likely to heighten the uncertainty in garments and other sectors in India. Karthik Muthuveeran analyses its impact on textiles. The Brexit impact is not only limited to Britain, but also European countries. London has always acted as a financial hub, which gives access to capital markets of the world to Europe. But with Brexit, European Union will end up having a limited access to capital markets. In all likelihood, access to this market will form a key part of trade negotiations. There are as many pros as cons in Britain exiting the Europe.
The Swiss textile machinery industry is strongly export-oriented and has a presence with its own companies, sales and service organisations in all the world’s key markets. Cornelia Buchwalder, Secretary General, Swissmem, speaks about the response to Swiss textile machinery globally post ITMA and how the Swiss textile machinery industry has been faring in India since the beginning of 2016.
Weavers are facing increasing demands in terms of quality fabrics, flexibility and delivery deadlines. In response the complete production workflow has to be optimised. Stäubli is providing an extensive machinery range supporting mills to accomplish this challenge during the weaving preparation and the weaving process. With warp drawing-in and warp tying machinery as well as shedding solutions for frame weaving (cam motion and dobbies), and Jacquard machines, Stäubli offers equipment for modern weaving mills seeking for reliable, long-life machinery allowing smooth workflows even at highest speeds and with a minimum of maintenance.
In 12 halls covering a total area of 120,000 m2 at the TUYAP Fair, Convention and Congress Center, Istanbul, Turkey, over 1,200 exhibitors of ITM 2016 showcased their machines, components and parts from June 1 to 4, 2016 to one of the world´s biggest textile market, Turkey.
Arecord-breaking number of delegates travelled to Prague, Czech Republic, for the latest edition of the International Conference on Textile Coating and Laminating; TCL 2016 was held recently. As well as learning about the latest technologies, materials, machinery and trends in the textile coating and laminating industry, the attendees were able to interact with one another and the exhibitors, who filled the available space outside the conference hall.