Datacolor Announces CHECK 3 Portable Spectrophotometer

LAWRENCEVILLE, N.J. — February 10, 2015 — Datacolor®, a color management solutions provider, today announced the launch of the CHECK 3 portable spectrophotometer. The completely redesigned CHECK 3 builds on Datacolor’s history of providing world-class portable spectrophotometers for the formulation and quality control needs of color professionals in the paint, coatings, plastic and textile industries. The instrument delivers industry leading color measurement performance, while offering excellent correlation to Datacolor’s world-renowned 600 series of benchtop instruments.
 
CHECK 3 features a completely redesigned user-interface with a modern and easy-to-navigate color LCD display. The instrument also includes an LED illuminated viewing port, enabling users to very precisely position samples and assure accurate measurement. The change to a horizontal configuration allows measurement in height constrained areas. All of these features contribute to improve the user experience during operation.
           
With an enhanced two-way Bluetooth interface, CHECK 3 allows the user to seamlessly transfer standards and batches back and forth between the instrument and TOOLS, Datacolor’s highly-regarded color quality control software. Sample measurements can also be initiated from TOOLS when connected via Bluetooth. These features allow quick transfer of color data, enabling users to make color decisions more efficiently.
 
The high-speed USB feature gives users flexibility in how they choose to manage their data by allowing easy data export to a USB flash-drive, while also providing support for peripherals, such as wireless keyboards and bar code scanners. The ability to use these peripheral devices in conjunction with the CHECK 3 improves the user experience by allowing for simple and efficient sample naming and identification.
 
“Through our commitment to providing our customers with the highest quality color measurement tools, we made the necessary enhancements to deliver an instrument specifically tailored to meet the needs of the modern color professional,” said Cheryl Johnston, Product Marketing Manager, Portable Instruments, Datacolor. “CHECK 3 provides customers with enhanced ease-of-use and improved efficiency while delivering the same unrivaled color measurement performance they expect from Datacolor.”

Posted February 17, 2015

Source: Datacolor
 

The Rupp Report: Successful Technical Textiles (Part I)

It makes sense that technical textiles are conquering more and more new application areas and are replacing conventional fabrics. Examples of this include reinforcement materials made of textiles in concrete construction, artificial arteries used in medical technologies and textile sandwich materials in vehicle construction and sport. This list can be extended virtually endlessly.
 
Commerzbank Report
A few weeks ago, the Rupp Report “Evergreen Industrial Fabrics” took a look at the upcoming Techtextil in Frankfurt, which will take place May 4-7, 2015. The same Rupp Report also mentioned the comprehensive “Commerzbank report” from Jürgen Grebe, Corporate Sector Analyst, German Commerzbank AG. Grebe presented an outstanding report that provides comprehensive insights into the growth perspectives of the technical textiles sector. In some of the upcoming articles, the Rupp Report will highlight important trends, facts and figures of this work.
 
Despite problems in the traditional textile industry, nonwovens and industrial fabrics are still in the lead regarding profitability and growth. For example, Commerzbank says that the production of nonwovens has increased by 11 percent since 2011. For 2015, it is expected that this sector, including technical textiles, will see a moderate rise of approximately 2 percent.
 
Germany — A Leader
In this context, Germany plays a leading role in the development and production of technical textiles and nonwovens. The German sector — approximately 600 companies with a turnover of more than 6 billion euros — is regarded as the market leader in Europe. Nearly 50 percent of all German textile production is for industrial applications.
 
Technology leadership is a key factor for success, Grebe said. “The German sector is regarded — also thanks to the excellent networking with the German research sector, which is itself unique worldwide — as the global technology market leader.” To be unique is essential for a success and every producer must avoid the greatest possible degree competition with suppliers of mass-produced goods and low-quality products, which are primarily produced in Asia. According to Grebe: “The German sector is predominantly the result of a successful structural change on the part of producers of traditional textiles to become highly technical and specialist manufacturers of high-quality textile products.”
 
Particularly for nonwovens as usually lightweight products, there is no successful way to export on a large scale. However, Grebe said, the best outlook is attributed to the Asian market, headed by China, but also other countries. The export quota for German manufacturers for technical textiles in 2013 grew to 62 percent and to 58 percent for nonwovens.
 
Growing Market
Even though the global market for nonwovens and technical textiles is undergoing some cyclical fluctuations, it has been, is currently and will continue to be a growth market. Apart from the familiar megatrends such as global demographic growth, urbanization and increasing environmental protection, according to Grebe, market growth is being driven mainly by the continuous development of new areas of application and the trend for new production processes. However, a potential producer has to know what is needed to be successful in this highly competitive market.
 
Reasons Why
Grebe provided some interesting information about strengths, weaknesses and other points to be conserved to be a successful player in this ever so promising market. The major growth potential is the strongest argument for being a part of this sector. This is particularly the case in more highly developed product areas. To be competitive, one must absolutely have a global technology leadership and be highly innovative, with strong links to scientific research institutes. That’s another reason why Germany is the top player, because the country has some world-class institutes and universities dealing with textiles. Technical textiles also need a high degree of specialization, an excellent work force and a top product quality with faultlessly environmental standards.
 
Weak points, and there are some, include mainly the distinctly cyclical sector trend due to strong economic influences. It needs a high investment intensity and fixed cost burden to be successful, with comparatively high break-even levels. In other words, there is no fast money to generate as a newcomer with technical textiles.
 
Other obstacles in this challenging sector could be economic downturns in important customer sectors, and in some cases widely fluctuating raw material prices and limited raw material availability due to a growing dependence on imported high-performance fibers. This is mostly the case for Western producers. Not to underestimate is the technical progress of potential competitors; this is mainly the case in emerging countries with questionable laws against product piracy, and the migration of know-how.
 
Opportunities
However, the opportunities to be an important player in this highly commercial sector are numerous: The development of new products and production processes keeps R&D departments alive and is in many cases the entrance for young people who are interested to work in such an interesting environment. This goes in line with the opening up of new markets, particularly in emerging countries and a desired development and export of strong brands.
 
No Mass Production
Compared to classic textile products, industrial fabrics are very much tailor-made. That’s why this sector is strongly characterized by SMEs, with a large number of niche players. They must be innovative, clever and very fast. It’s always the same old story: not the big ones are swallowing up the small ones, but the fast swallowing the slow ones. Low-cost producers from countries such as China or India do not have this structure, that’s why Europe, and to a certain extend the U.S. and Japan, are still in the forefront of these markets.
 
However, it is obvious that these emerging countries in particular are also rapidly gaining in importance as sales markets for German producers of technologically sophisticated products. Though, it must be noted that more and more producers in these countries also are making huge efforts to advance into more high-tech and high-end challenging products. This was illustrated at the last Techtextil, where the number of overseas visitors had grown and, as is typical today, everybody was armed with cameras, or at least, cell phones, even if this is forbidden. This trend seems to be even more evident this year. But that’s another story. The review of this report will be continued.
 


Editor’s Note: Frankfurt-based Commerzbank AG would like to mention that “any information in this report is based on data obtained from sources considered to be reliable, but no representations or guarantees are made by Commerzbank Group with regard to the accuracy of the data. The opinions and estimates contained herein constitute our best judgment at this date and time, and are subject to change without notice.”


February 17, 2015
 
 
 

Business & Financial: 2015 Off To A Fast Start

By Robert S. Reichard, Economics Editor
The new year is beginning on an extremely encouraging note thanks to the sharp drop in energy tags and a host of other positive news. Looking at energy first, the huge decline in gasoline prices — down near $2 a gallon as of press time — will alone save the average family anywhere from $500 to $700 a year. Add in the declines in heating oil and natural gas, and that leaves households with a lot more money to spend on textiles, apparel and other consumer goods. Equally bullish are the larger increases now being reported for disposable incomes. As one economist puts it: “My gut instinct is that this is the beginning of better wage performance for a broad swath of workers.” Still, another new indication of better times ahead comes from signs that overall government spending is again making a positive contribution to the economy. On the state level, for example, the aggregate budgets of all 50 states should rise by 3.1 percent over the current year. And on the Federal level, outlays for repair and construction of roads, schools and hospitals is again on the rise. So is spending on Medicare and Social Security. Equally upbeat as far as overall growth is concerned is the fact that capital spending is beginning to look a bit more robust. Indeed, one recent survey suggests that U.S. industry — looking at both slightly higher operating rates and the need to beef up productivity — now plans to up new plant and equipment outlays this year by some 4 percent.

The Textile And Apparel Impact
All the above clearly suggests a better-than-expected outlook for our two industries. In fact, there already are indications that 2015 is going to be a good year. Thus, recently ended holiday sales — comprised of a good percentage of textile and apparel products — increased by some 4 percent, a full percentage point faster than the previous year. Supporting this finding are new apparel store numbers that show similar gains. More importantly, this upbeat industry trend is likely to continue. For one, mill and clothing maker inventories are relatively low, suggesting that any new orders quickly will be translated into new production and shipments. But even more encouraging are two new Institute of Supply Management (ISM) surveys of the nation’s top purchasing executives — surveys that widely are recognized as leading indicators of future activity. ISM’s latest monthly activity report, for example, finds mills noting both increasing sales and rising backorder logs. And the picture painted in its new annual outlook survey is equally bright, with mill revenues for overall 2015 again expected to top the previous year’s level — thus confirming TW’s recent “Textiles 2015” projections (See “Textiles 2015: More Improvement Ahead,” Textile World, January/February 2015 issue). Also buttressing this improved scenario are such other findings as expectations that, percentage wise, mill plant and equipment spending gains will top those of most other industries; textile capacity will begin to inch up after many years of decline; and, the U.S. industry’s trade deficit will shrink as imports hold relatively stable while exports continue to inch up.

More Thoughts On Imports
While on the subject of an improving trade picture, a few words might also be in order on “reshoring.” There’s already considerable anecdotal evidence that a growing number of firms are starting to bring some of their overseas sourcing back to the U.S. And it’s taking place in the textile and apparel industries as well as other industries. Witness, for example, Walmart that already has made sizeable moves to reduce its heavy reliance on foreign production. But it’s difficult to find a consensus as what all this reshoring will add up to over the next few years. The Boston Consulting Group, Boston, is quite optimistic. The company, in a recent survey of more than 250 large firms — including some in the textile and apparel sector — sees big changes ahead. One key finding: American manufacturer’s U.S. share of their production should rise an average of 7 percent by the end of the decade. On the other hand, another big consulting outfit, A.T. Kearney, see a much slower reshoring pace — though the firm hastens to add that there’s definitely an upward trend in U.S. production competitiveness. As for TW’s view: It’s basically in the middle — little to no gains in commodity-type textile products, but solid ones when it comes to both niche products and output amenable to large productivity advances. Bottom line: Imports, already leveling off, should slowly fall with total incoming volume off by about 5 percent within two to three years.

February 17, 2015

Yarn Market: Yarn Spinners Start Strong

By Jim Phillips, Yarn Market Editor

Yarn orders in 2015 have so far met expectations, continuing a run of stability that has seen the industry add capacity for the first time in decades.

“The ring-spun business remains very strong,” said one spinner. “Combed cotton ring-spun has very limited availability.  Several companies in the Western Hemisphere are growing their ring-spinning operations to take advantage of the demand.  I really don’t see that changing in the near future.  There are still not a lot of companies in the United States that produce combed-cotton ring-spun. For now, there’s just not enough combed-cotton ring-spun to go around. That’s actually created a pretty good situation for those companies producing the yarn.”

Another spinner noted:  “I see some producers in Latin America moving toward producing more cotton products.  With the price of cotton leveling off in the past few months and hovering around $0.60 per pound, I think you will see more companies returning to cotton. With cotton prices jumping all over the place the past few years, a number of customers transitioned from 100-percent cotton to blends. Now, some of those orders are moving back to all cotton.”

Cotton is expected to be in plentiful supply for the remainder of the year, which bodes well for continued growth, spinners say.  The downside is that, with an oversupply, the possibility exists that fewer acres will be planted for the next season, which could drive the price back up.

Average spot cotton quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9, uniformity 81.0-81.9) in the seven designated markets measured by the USDA averaged $0.6085 per pound for the week ended Thursday, February 12, up from $0.5956 the previous week, but down from $0.8435 reported the corresponding period a year ago.

Value-Add Products In High Demand
Products in high demand at the moment, especially in the specialty segment, are those that offer some form of value add. “The markets that we serve are continually seeking to differentiate themselves, which is extremely valuable for our R&D initiatives,” a specialty spinner said.  “Products that offer either a sustainability or a performance attribute are in demand. Texture is also a very desirable characteristic.” Another spinner agreed: “We’re not running lots of the same things these days.  It seems everybody wants something different.”

“In a commodities-based business, price always rules,” said one business analyst.  “But in a market where there are multiple choices from similarly priced competitive products, opportunities exist to separate from the pack.  Speed to market is, of course, a key factor.  And so is customer service, both before and after the order is placed.  Product quality is also a huge issue.  Few things ruin business relationships faster than a product that is not quite up to specs.  But a major intangible in business is the customer experience. How easy is it for customers to buy from you?  Is ordering simple, with clearly delineated expectations for both the manufacturer and the customer? In a commodities world, all else being equal, customers keep coming back to those companies they like to do business with.”

“We are able to keep our customers happy by having an aggressive delivery strategy,” said one Southeastern spinner.  “Our ability to get business often hinges on whether we can get product to our customers, particularly those in Central America, faster than anyone else.”

Said another:  “Our customers tell us they often have quality issues from offshore manufacturers.  Sometimes the product isn’t up to specifications.  Other times they get the wrong product entirely. Our customers know they are going to get exactly what they ordered when they buy from us.  This helps us tremendously, especially in those instances where we can’t quite match the price.”

U.S. exports remain strong, although the strength of the U.S. dollar is having some impact. “There are some countries that artificially devalue their currencies, which makes it hard for Made in USA products to compete fairly in a global marketplace,” noted one analyst. “Nevertheless, many companies still maintain an aggressive global presence.”

February 2015

Chomarat Increases Its Production Capacity In Multiaxial Glass Fiber Reinforcements

LE CHEYLARD, France — February 11, 2015 — Chomarat, one of the players in the global engineered textile sector, is expanding its Tunisian plant in Grombalia (30 mins. from Tunis) and has announced an increase in its production capacity of multiaxial glass fiber reinforcements for the wind turbine market.

Enhanced Means Of Production To Meet High Demand
These investments come in response to a new contract to supply over 10,000 tonnes to the wind turbine sector.

In 2014 Chomarat made similar improvements to its Taicang plant (near Shanghai) in China. The Group is now able to supply its multiaxial reinforcements across continents – Europe, Asia and the Americas.

“Increasing our production capacity and expanding our facilities is just the first step. We are going to pursue our development by offering a competitive range designed for the wind turbine sector and all other high-volume markets such as the transportation and marine industries,” said Raphael Pleynet, head of Chomarat’s Composites Europe business.

Growing Ambitions In Glass Reinforcements
The aim of the Group is to build on its expansion and these latest investments will strengthen Chomarat’s market offering on an international scale. “Chomarat has always been among the leading players in the design and manufacture of glass reinforcements for the construction, marine and sports & leisure sectors. Our recent investments in China and Tunisia reflect our determination to gain ground in both carbon and glass composites,” said Michel Cognet, Managing Director of Chomarat Group.

Posted February 17, 2015

Source: Chomarat
 

Burlington Introduces The Iconic Collection Of Merino Wool Fabrics

GREENSBORO, N.C. — February 10, 2015 — Burlington is pleased to introduce the Iconic Collection of highend luxurious fabrics for menswear. A collection of super fine Merino Wool fabrics, the Iconic Collection is designed in contemporary and traditional silhouettes — styled for today’s tailored gentlemen and crafted for elegant suits, blazers, and trousers.

The Spring 2016 Collection is available in both super 110s and 120s fine yarns featuring softness with a clean hand and smooth drape. The Collection is made up of Burlington “Made in Americas” fabrics manufactured in both the U.S. and Mexico. Fabric styles are available for immediate sampling.

“The Iconic Collection represents the finest fabrics, drawn from Burlington’s legacy in fine worsted wools and fashioned in new, elegant designs that embrace the style of today’s contemporary man,” says Peter Baumann, senior vice president merchandising, Burlington Menswear. “We are positioned to be the fabric supplier of choice to a broadened better and moderate men’s market, offering customers a choice of platforms and expanded fabric collections.”

Posted February 17, 2015

Source: Burlington
 

Formax Introduces Intermediate Modulus Carbon Multiaxials For Motorsports And Sporting Goods

LEICESTER, England — February 16, 2015 — At this year’s JEC Europe exhibition, Formax, the manufacturer of bespoke lightweight multiaxial reinforcements, is introducing a range of biaxial fabrics made from intermediate modulus carbon fibre that offer significant cost benefits for motorsports and sporting goods manufacturers.

The -45°/+45° biaxials have been developed for the manufacture of structural composite parts in the motorsports industry. Compared with the woven fabrics currently used in these applications that are mainly made from 3k/6k tow intermediate modulus carbon fibres, the Formax multiaxial fabrics use 24k intermediate modulus fibre and therefore offer significant material cost savings.

The new fabrics are designed to offer increased mechanical performance specifically aimed at the motorsport and sporting goods sectors, where increased mechanical properties are key for engineers to challenge existing design concepts.

Typically available in weights of 200 grams per square meter (g/m2) and 300 g/m2, the new biaxial fabrics can be used for prepreg, resin transfer moulding (RTM), infusion and wet lay-up composite processes.
Formax’s fibre spreading technology also enables the company to work with a wide range of fibre types from 3k through to 50k, from all the main carbon fibre suppliers, and including both PAN and pitch carbon fibres.

Posted February 17, 2015

Source: Formax
 

New York Albany County Bans Seven Specific Chemicals In Children’s Products

HONG KONG — February 13, 2014 — Albany County became the first local government in New York State to prohibit seven specific chemicals in children’s products.  The new law will be enforced one year after filing with the Office of the New York State Secretary of State.

On 7 January 2015, a press release from Albany County, New York, announced that ‘The Toxic Free Toys Act’ has been signed into law to prohibit six heavy metals and benzene in children’s products or children’s apparel (1). The new law, also known as ‘Local Law J’ (2) does not specify the concentration limit for each of the prohibited chemicals.  According to the press release, the law will be enforced by the Albany County Department of Health which will work with the Albany County Department of Law to create rules and regulations.

The following definitions are included in the law:

  1. “Children’s Apparel” means any item of clothing that consists of fabric or related material intended or promoted for use in children’s clothing.
  2. “Children’s Product” means any product primarily intended for, made for, or marketed for use by children.
  3. “Children” means a person or persons aged twelve and under.

New York Albany County’s Toxic Free Toys Act
Substance:

  • Antimony
  • Arsenic
  • Benzene
  • Cadmium
  • Cobalt
  • Lead
  • Mercury

Scope: Products for children up to the age of 12.

Requirement: Prohibited.

Enforcement date: 1 year following filing in Office of New York State Secretary of State.

Exemptions: Batteries, consumer electronics or electronic components, paper products, or a drug, biological, medical device, food or food additive regulated by the US Food and Drug Administration (FDA).

References:
1 – County Executive McCoy Signs Historic Law to Protect Children, First in New York State, 7 January 2015
2- Local Law J

Posted February 13, 2015

Source: SGS Consumer Testing Services
 

Environment-friendly eCool70™ Dyes From Huntsman Textiles Effects Deliver Brilliant Colors At Just 70°c

SINGAPORE — February 13, 2015 — Huntsman Textile Effects has introduced its eCool70 concept to make it possible for mills to achieve a range of brilliant shades while using less water and energy for better environmental performance, lower processing costs and enhanced productivity. The concept persist of AVITERA® Brilliant Yellow SE, NOVACRON® Brilliant Blue EC-B and Brilliant Turquoise EC-GN.

The groundbreaking new concept has been developed to provide brands and mills with a cost-effective and environment-friendly way to produce the vivid fashion-forward colors of the Caribbean — brilliant yellow, green, turquoise and blue. Dyes for this specific shade segment have traditionally had low fixation rates, leading to moderate wash off, limited build up and bad reproducibility, which raises processing costs and reduces productivity. In contrast, the new eCool70 concept offers a sustainable and high-performance solution with an attractive total process cost.

The eCool70 dyes are powered by Huntsman Textile Effects’ award-winning AVITERA SE technology and deliver exceptional leveling and outstanding wash-off and fastness, as well as operational excellence for trouble-free production. eCool70 helps mills lower their energy consumption and processing costs by allowing dyeing and washing-off to take place at just 70°C (158°F), which is significantly lower than the 90°C that is necessary with conventional hot dyes. The wash-off cycle is also considerably reduced, which results in lower overall water consumption and shorter processing time to enhance productivity.

The greenish cast NOVACRON Brilliant Blue EC-B in eCool70 dyes significantly lowers the amount of turquoise used in the recipes to promote easier wash-off. This also helps to increase lab-to-lab, lab-to-bulk and bulk-to-bulk reproducibility.

“To remain economically viable today, textile processing mills need to create a range of vivid, brilliant colors that brands and consumers desire while also improving their environmental performance and remaining competitive as industry costs rise. Huntsman Textile Effects’ eCool70 extends the AVITERA SE range to help mills overcome these challenges and operate in a way that is both environmentally and economically sustainable,” said Dhirendra Gautam, Global Marketing Director of Huntsman Textile Effects.  

Posted February 13, 2014

Source: Huntsman Textile Effects
 

Global Yarn And Fabric Output Up In Q3/2014

ZURICH, Switzerland — February 13, 2015 — Global yarn production decreased in Q3/2014 compared to the previous quarter due to lower output in Asia and Europe. During the same period, the yarn production in North America increased moderately, while in South America it recorded a strong rise. On an annual basis, the global yarn production rose and was supported by a strong increase in Asia. In Europe, North and South America, in contrast, yarn output fell year-on-year.

Worldwide yarn stocks rose in Q3/2014 in comparison to Q2/2014. Thereby, yarn stocks in Asia and South America were increased, while they were reduced in Europe. Year-on-year, global yarn stocks increased due to higher inventories in Asia, while stocks in Europe and South America were reduced. Yarn orders in Brazil showed a strong quarter-on-quarter growth in Q3/2014 and a more moderate rise in Europe. Also, year-on-year Brazilian orders rose, while Europe saw a modest decline.

Global fabric production fell in Q3/2014 compared to the previous quarter with all regions showing declines. However, on an annual basis world fabric production improved. Thereby, output in Asia and Europe increased, while it fell in South America. World fabric stocks in Q3/2014 were increased quarter-on-quarter with all regions supporting this development. Year-on-year, the picture was mixed with increases in Asia and North America and decreases in Europe and South America. Overall, global fabric inventories fell annually. Fabric orders in Q3/2014 fell in Europe and rose in Brazil quarter-on-quarter as well as year-on-year.

Estimates for yarn production for Q4/2014 are positive in Asia and Europe, while in North and South America they are negative. Estimates for fabric production for Q4/2014 are positive in Asia and Europe. However, in South America they are negative.

The outlook for yarn production for Q1/2015 is positive in Europe and unchanged in Asia. The same pattern applies to the outlook for fabric production. For Q1/2015 it is positive in Europe and unchanged in Asia.

In Q3/2014, global yarn production fell by 1.3% quarter-on-quarter. Thereby, output in Asia and Europe decreased by 1.4% and 5.7% respectively. In North and South America yarn output climbed by 1.1% and 5.7% in Q3/2014 compared to Q2/2014. In comparison to Q3/2013 worldwide yarn production witnessed a rise of 6.3%. This was supported by an increase of 7.3% in output in Asia, whereas the other regions saw declines of 3.1% annually in Europe, 2.4% in North America and 12.3% in South America.

Global fabric production fell by 1.3% in Q3/2014 compared to the previous quarter. The strongest decline was recorded in South America with 8.3% followed by Europe with 7.6%. In Asia fabric output fell moderately by 0.4%. In contrast, global fabric output increased by 1.3% year-on-year supported by rises in Asia (2%) and Europe (2.9%). In South America, however, fabric production fell by 11.4% annually.

Global yarn inventories rose by 0.9% in Q3/2014 quarter-on-quarter. Thereby, Asian inventories remained nearly unchanged (+0.3%), while they decreased by 3.6% in Europe. Yarn stocks in South America were increased by 7.8%. On an annual basis, global yarn inventories rose by 3.7% due to a strong increase in Asia (5.5%). In Europe and South America yarn stocks were reduced by 2.1% and 11.2% respectively.

Worldwide fabric stocks in Q3/2014 were increased by 1.4% compared to the previous quarter with all regions contributing positively. Stocks in Europe rose the strongest by 4.8%, followed by gains of 4% in South America, 0.4% in North America and 0.2% in Asia. In contrast, global fabric inventories in Q3/2014 were reduced by 1.9% year-on-year. While fabric stocks were raised by 0.8% in Asia and 1.8% in North America, they fell by 0.7% and 9.8% in Europe and in South America respectively.

In Q3/2014 yarn orders in Brazil were up by 5.7% quarter-on-quarter and by 0.5% Europe. On an annual basis yarn orders increased in Brazil by 12.5% and fell in Europe by 0.3%. Fabric orders in Q3/2014 rose by 5.7% in Brazil compared to the previous quarter, while they fell by 3.4% in Europe. Year-on-year, Brazilian fabric orders climbed by 12% whereas in Europe they declined by 3.6%.

Posted February 13, 2014

Source ITMF
 

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