August 28, 2014

Cinte Techtextil China Around the Corner

Cinte Techtextil China, one of the most important events in the Asia textile market, is around the corner. From 24 to 26 September, 2014, Cinte Techtextil China, Asia’s leading biennial trade fair for technical textile and nonwoven products, will open its doors in Shanghai, China.

The three-day trade show will host to nearly 500 exhibitors from 19 countries and regions at the Shanghai New International Expo Center. Cinte Techtextil China has expanded to 35,000 sq meters of exhibition space, 45% bigger than the earlier 2012 show.

The fair will feature a range of technical textiles and nonwoven products, which can be applied in 12 business areas.

Some of the industry’s biggest names to feature in the Germany pavilion are 30 well-known exhibitors in the global textile industry, like A. Monforts Textilmaschinen, AUTEFA Solutions, Oerlikon Neumag, Lindauer DORNIER GmbH, Sandler, Truetzschler.

Apart from the trade show, Cinte Techtextil China will also host the China International Non-Woven Congress which takes place on September 25, 2014.

Cinte Techtextil China is organised by Messe Frankfurt (HK) Ltd, the Sub-Council of Textile Industry, CCPIT and the China Nonwovens & Industrial Textiles Association (CNITA). Source

August 24, 2014

Bangladesh textile industry is facing hardships

Bangladesh textile industry is in trouble as the price for cotton dropped sharply, thus, leaving the country with a lot of inventory of raw material bought at a higher price.

The problem for Bangladesh comes from the old-time central bank regulations, which bar textile companies from participating in current financial instruments, which could hedge commodity importers from price fluctuations.

For a country like Bangladesh which is the second largest garment exporter in the world, such old-fashioned regulations create a big hurdle, as a tussle between yarn producers and garment manufacturers is imminent. Bangladesh has some 400 spinning mills affiliated with the Bangladesh Textile Mills Association (BTMA).

Source

August 17, 2014

Texworld 2014 in Istanbul, Turkey, attracts interest

The first Texworld Istanbul, to be organized on November 4-6 2014, has attracted a lot of attention as over 150 textile and apparel companies from 10 countries confirmed their participation as exhibitors at the trade show in November this year.

Messe Frankfurt, the organizer of the event, has stated that the exhibitors will represent the world's leading textile manufacturing nations, including China, India, Pakistan, Taiwan and South Korea as well as the host country, Turkey.

Pakistan will present cotton and functional fabrics, while Taiwan focuses on blended fabrics, knitted and functional fabrics for leisurewear and sportswear. India, South Korea and Indonesia will be represented by lace, embroidery, silk and silky aspects. Turkey, South Korea and Taiwan will also show products for the knitwear sector.

The Texworld exhibition is aimed primarily at buyers and trade visitors from Turkey, Middle East, central Asia, southeast Europe, parts of eastern Europe and Russia.

"The large number of registrations received to date confirms that we were on the right track when we decided to hold a biannual platform in this region for the international textile industry," said Olaf Schmidt, vice president of textiles and textile technologies at Messe Frankfurt.

Turkey is one of the world's biggest textile exporters and holds seventh place when it comes to world exports of garments. According to the Turkish government, the country's textile and apparel industry annual turnover is around US$28bn. Source

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August 11, 2014

Textile Fiber Market in 2013

According to the information from fibre2fashion, the greater purchasing power in the emerging market drove textile fiber consumption in 2013, which resulted in a 4.4% growth compared to 2012.

In 2013, the global textile sector consumed over 90.1 million tons of textile fibers, which corresponds to an average consumption of 12.7 kilos per person.

Export of textile fibers in 2013 from top ten textile fiber exporters also grew by 8.1% over 2012. China and Vietnam were the countries whose textile fibre exports registered a high growth.

Last year, Chinese exports of fibres rose by 11.4% over 2012, while those from Vietnam increased by 18%. The import value into the United States and EU (28) rose 4.1% in 2013 over 2012.

Source: fibre2fashion