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US manufacturers are accelerating their shift out of China, coming to terms with a new reality that the Trump administration's tariffs are not likely to go away any time soon.

President Donald Trump’s lead trade negotiator, Robert Lighthizer, warned lawmakers that the United States would need to keep the threat of stiff tariffs on China in place for years, even if a trade deal is inked, as part of an enforcement mechanism that would include frequent reviews of whether China was abiding by any agreement.

That confirms what many companies have already concluded. Even if the hot phase of this trade war passes, tensions will linger and continue to reshape the economic relationship between the world’s two largest economies.

 

Itema showcased the most comprehensive weaving solutions on the market to weave technical fabrics at Techtextil North America 2019. The event was held from February 26-28, 2019 in Raleigh, North Carolina With headquarters in Spartanburg, SC, Itema America, Inc., is the result of the successful merger in the early 2000 of two renowned weaving machines manufacturers, Sulzer and Somet.

During Techtextil North America, Itema America team focused on showcasing the company’s strong offering for technical fabrics weavers. Itema is uniquely positioned to offer technical textile manufacturers the top three weft insertion technologies; Rapier, Airjet and Projectile; in what is the most comprehensive portfolio on the market today for technical applications.

The latest Itema machine models – the rapier R9500, today available in its second generation offering superior energy savings and higher performances than ever before and the airjet A9500p with its real time filling insertion and best in class air-consumption have quickly become the machines of choice for many US weavers.

 

Sunday, 03 March 2019 07:16

Spandex market expanding at ten per cent

The global spandex market is expanding at a CAGR of 10.3 per cent.
Steadily rising population, coupled with increasing disposable income, is expected to drive the growth of the global spandex market over the forecast period.

Spandex is a manufactured fiber in which the fiber-forming substance is a long-chain synthetic polymer comprising at least 85 per cent of segmented polyurethane. This fiber, also called elastane, is a synthetic long-chain polyurethane-polyurea copolymer composed of rigid diisocyanate segments and flexible macro-glycol segments arranged in a specific order. The fiber is characterized by exceptional stretch and recovery properties, with the elongation at break of around 400 per cent to 600 per cent.

These characteristics entail its wide-scale use in a diverse set of applications in textile and clothing and healthcare industries. Some prominent areas of application for spandex fibers include sportswear, casual clothing, home furnishings, and undergarments. Medical and healthcare-related applications of spandex fibers include diapers, compression stockings and hoses, and bandages.

Asia-Pacific is expected to dominate the global spandex market, whereas the Middle East and Africa, Latin America, Europe, and North America are expected to account for a relatively smaller share in the global spandex market value. Asia Pacific is growing at a CAGR of 11 per cent.

The order index for Italian textile machinery from October to December 2018 fell compared to the same period for 2017.The index value stood at 101.9 points.

So both domestic and export orders obtained by Italian machinery builders fell. On the domestic front, the index stood at an absolute value of 148 points, that is, fully 12 per cent less than the same period for October to December 2017. However, foreign markets fell even further by 16 per cent, with the index standing at an absolute value of 98.1 points.

The domestic market was gripped by an overall sense of uncertainty that accompanied the new national budget legislation, not to mention the comparison with a record fourth quarter for 2017. On foreign markets, Italian machinery manufacturers had to face geopolitical situations that have considerably slowed investments. So Turkey, Iran, and even China, all primary markets for the sector, recorded a drop in demand for textile machinery for a variety of reasons.

Last year closed with a downswing both in terms of foreign sales and total production. The overall sentiment for 2019 isn’t very positive either.

Italy is the world’s second largest producer of machinery for the textiles industry. In the production of machinery for tanning, and for the footwear and leather goods industry, Italy accounts for over 50 per cent of world production.

Sunday, 03 March 2019 07:13

Outlook India 2019 ends on a happy note

Outlook India, a leading platform for key nonwoven professionals in the personal care and hygiene products, closed in India on a very successful note. Outlook India was the first ever platform of this scale and took place in India from 12-13 February in the Leela Ambience Hotel in Delhi NCR. The participants learnt and shared insights on the exciting market potential of India, whilst taking this unique opportunity for networking and doing business.

Organised by Edana and BCH, who have been partners for 12 years, Outlook India 2019 was the first ever edition of Edana’s flagship conference, which has so far been organised 17 times in Europe, three times in South-East Asia and twice in Latin America.

More than 320 delegates from over 152 companies were in attendance for the opening keynote presentation made by the Unicharm President and CEO Takahisa Takahara on Ideas for circular hygiene products for now and the future.

The second day opened with a keynote speech from Ashish Jajoo, Global Sales and Marketing Head at Birla Cellulose Nonwovens Division, on Bio based solution for wipes and the hygiene industry. Other sessions featured expert insights on market trends and presentations on the latest innovations and technologies pertaining to the absorbent hygiene industry.

 

Sunday, 03 March 2019 07:12

Indian exports to Africa inch up

India’s exports to Africa increased from 7.5 per cent in 2009-10 to eight per cent in 2017-18.
Of the 54 African countries, there was significant trade with 47. Many of these countries rank high in terms of ease of business.

For Indian exporters, Africa presents an almost unlimited market.

The country’s biggest market on the African continent is South Africa. South African chain store buyers, independent retailers, boutique owners, home textile and soft furnishing buyers, agents, wholesalers, importers and other industry professionals are interested in Indian products particularly fashion garments, embroidery, sequins, beadwork and the hand washes that India is famous for.

India has set up an apparel training centre in Nigeria. This will rebuild the cotton and textile value chain of Nigeria.

India is South Africa’s second-largest clothing import source market. It is recognised as one of the best sourcing destinations for garments, textiles, footwear and leather. India is the largest producer of jute, the second largest producer of cotton, silk and cellulosic fiber, the third largest producer of raw cotton and the fourth largest producer of synthetic fiber.

There is growing investment by Indian companies in Africa in a range of sectors including textiles and such as telecommunications, hydrocarbons, agriculture, manufacturing and IT.

According to the global research firm Jefferies, most e-commerce portals were forced to take down thousands of products from their portals to meet new government regulations.

Online retailers went soft in February with no key discounting or promotional events. This is in contrast to the sharp discounting they carried out in January to clear inventory and align with the new e-commerce rules. The new rules bar online retailers from engaging in price wars and deep discounting, among other things. On Feb. 23, the Narendra Modi government released a draft national e-commerce policy that proposed stringent norms for data storage and combating counterfeit goods.

Already, ratings agency CRISIL has estimated that in fiscal year 2020, online sales worth between Rs35,000 crore and Rs40,000 crore could be impacted due to the challenging regulatory environment. On the flip side, physical retailers will gain as their revenues will jump by a between whopping Rs10,000 and Rs12,000 crore in the same time period.

 

Confederation of Indian Textile Industry (CITI) in a recently concluded study observed that India is lagging behind in cotton exports to major markets. The situation has been created because of the duty disadvantage India is faced with as against Bangladesh, Vietnam and Pakistan. These countries enjoy duty free access.

The study observed that a whopping 25 per cent slump in Indian exports has occurred in the past five years to markets in EU and China. Citing figures CITI stated that Indian cotton yarn exports fell from USD 4.5 billion in 2013-14 to USD 3.4 billion in 2017-18.

Earlier India was the biggest exporter of cotton yarn to China. Now China has replaced India with Vietnam and Indonesia. These countries have duty free access to the Chinese markets whereas Indian yarn comes with 3.5 per cent duty. The study also pointed out that fabric export from India has fallen by 7 per cent.

 

A new report, “Exports to Jobs: Boosting the Gains from Trade in South Asia”, was presented in New Delhi, shows that increasing exports would boost average wages. The biggest beneficiaries of the wage gains would be the high-skilled, urban, more experienced, and mainly male workers. For low-skilled workers, the shift would result in an increase in formal jobs.

The report, jointly produced by the World Bank and the International Labour Organisation, breaks new ground in examining the impact of exports on local labor markets in South Asia. It uses an innovative approach, analysing the effect on local employment and wages of changes in exports by combining disaggregated data from household-level or worker-level surveys with trade data from India and Sri Lanka. The approach builds on a new wave of research looking at how globalisation might contribute to local jobs and wages, but, unlike previous studies, it focuses on exports.

The report provides options on how to expand and widely share the benefits of higher exports. Improving workers’ skills, getting women and youth into more jobs, and addressing distortions that make labor mobility costly are some of the recommended policy actions.

 

Earlier this year, global fibre producers Lenzing and Hyosung jointly developed a new sustainable fabric collection, which they presented at ISPO Munich in February. The new collection showcases the sustainable benefits of the two companies’ leading brands: Tencel Modal from Lenzing and creora elastane from Hyosung.

The collection comprises three fabric categories, starting with Lenzing Ecovero with creora eco-soft for a softer touch, whiter whites and low heat settable for reduced energy consumption. The second fabric line is Tencel Modal and creora PowerFit for a smooth, natural feel with superior shaping and compression, and the third is Tencel Modal and creora black for breathable, softer touch and deeper black with no grin through. The third collection marries functionality and aesthetics. It has a nylon product that it refers to as Aqua-x. The Aqua-x fabrics are cool to the touch, thanks to their large surface area coupled with minerals that have higher conductivity.