Clarence D. Rogers, Technical Editor
One attendee responded a little more positively. He said, “I know of a few areas that are doing okay. Some are doing so because their competition has closed down and they are getting some of that business. Others have come up with new/different products, and a few have found a little life in their military/uniform markets. Also, a few areas of knitting are doing very well. In fact, I think that there are some positive signs
out there. First of all, plants stopped off during the past several months to reduce or eliminate inventories. Inventories have really hurt. So this year will start out with very low or no inventories. Secondly, the pipelines are about empty.” He went on to say, “I look for things to pick up in the later part of the first quarter or in the second quarter. With inventories at such a low level and the pipelines almost empty, any movement would translate into a positive response from spinners, weavers and knitters.”
So, have we seen the worst of it? The optimistic outlook of the above presenter appears to fall in line with overall views of the general economy. Economists are projecting that the general economy will begin to improve in the third or fourth quarter of this year. If this is true, and if history repeats itself, then we in the textile industry should expect to see an upturn during the first or second quarter. This follows from past eco-nomic trends that indicate the textile industry leads the general economy into a slowdown or recession, and it leads the economy out of a recession.
How valid are these trends? No one knows. But there is one thing for certain; we in textiles knew the economy was in recession long before it was openly stated by economists.
In the cotton market, things have become much more aggressive. Prices hit a 27-year low during the past few weeks, and this led some speculators into the market. Last month, the Yarn Market reported the price of cotton at 26.77 cents per pound for the base-grade seven-designated-markets average. This month, the quoted price is 33.36 cents per pound. This is a 6.5-cent increase, or about 25 percent. As we have moved down and out of this “trough,” there has been a large volume of fixing by producers, cooperatives and mills. Does this mean that someone sees a glimmer of light at the end of the tunnel?
Focus On The Customer
Maybe it is time to focus more on our customer needs. It has been stated many times that the weaving machine is one of the most effective yarn testers in the plant.
If you ask a weaver what he needs most for effective weaving, he would probably say strong or stronger yarns. However, if you ask the same question of the weaving machine/customer, the answer would probably be, “more consistent or uniform yarn strength.” Stronger yarns alone, or on average, may not lead to improvements in weaving performance. In fact, lower average yarn strength, with less variation, may contribute more to improvements in weaving performance.
As variations in yarn strength are reduced, measurements become more closely clustered about the average, and extreme measurements are reduced/eliminated.
As a result, one would expect better weaving performance. More recently, a purchaser of weaving yarns was asked, “What are the most important issues that you have with yarns purchased?” He listed imprint bruises, cobwebs, overshots, no/bad/trapped transfer tail, loose ends, cuts, tangles, rolled selvages, damaged sleeve/cone, wild yarn, malformed package/soft/hard, and run-outs as having serious impacts on quality and production.
An interesting list, particularly since many spinners have no measurable system for these types of defects. Given all of this, how can we give the weaving machine/customer a package that is free of anything that might cause it to stop?
Download Current Yarn Prices.