H&M planning to boost profits this FY

Related Keywords: China, clothing, Garments, H&M, India, Inditex, Mexico, Myntra, Pretax, profit, Sweden, Textile, Textiles, Thiland, Tmall, Zara

Sweden
H&M planning to boost profits this FY
Summary: 
The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments. Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump

The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments.

Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump in earnings.

Inventory dropped slightly as a proportion of sales, easing to 18.2% at the end of May from a record 18.9% as of last August, H&M said Thursday. CEO Karl-Johan Persson said H&M still aims to boost operating profit this year.

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Cotton prices go up

Related Keywords: China, cotton, export, fiber, Imports, Mexico, prices, United States

United States
Cotton prices go up
Summary: 
Cotton prices settled higher on Monday as the United States and Mexico, a major importer of US supplies, averted a trade dispute, while investors remained cautious ahead of a crucial monthly crop supply and demand report. Cotton contracts for July settled up 0.4 cent, or 0.61%, at 65.99 cents per lb. It traded within a range of 64.85 and 66.5 cents a lb. The front month contract

Cotton prices settled higher on Monday as the United States and Mexico, a major importer of US supplies, averted a trade dispute, while investors remained cautious ahead of a crucial monthly crop supply and demand report. Cotton contracts for July settled up 0.4 cent, or 0.61%, at 65.99 cents per lb. It traded within a range of 64.85 and 66.5 cents a lb. The front month contract snapped four straight sessions of losses, after shedding almost 3.7% last week.

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Technique used for the manufacture of thin sheets of nonwoven fibers

Related Keywords: Argentina, Brazil, fabrics, gas, meltblown, Mexico, Nonwoven fabrics, polyester, polymer, Textiles

Brazil
Technique used for the manufacture of thin sheets of nonwoven fibers
Summary: 
Melt blowing is a technique used for the manufacture of thin sheets of nonwoven fibers. It is a method by which polymer melt is extruded out through tiny nozzles and subjected to high-speed blowing gas. Due to presence of gas, the extruded polymer

Melt blowing is a technique used for the manufacture of thin sheets of nonwoven fibers. It is a method by which polymer melt is extruded out through tiny nozzles and subjected to high-speed blowing gas. Due to presence of gas, the extruded polymer forms a nonwoven polymer sheet. Different polymers are used as raw materials in the process of melt blowing. The process starts with a polymer resin and ends with a finished, self-bonded fabric with superior properties.

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Pemex`s ethylene production fell 3 percent in August 2016

Related Keywords: ethylene production, Mexico, Pemex

Mexico
Pemex`s ethylene production fell 3 percent in August 2016
Summary: 
In Mexico, ethylene output totaled 68513 metric tons in August, a drop of 3% as compared to July. Output decline 15% as compared with last year August 2015, when the company's ethylene output totaled 80,842, it said.

In Mexico, ethylene output totaled 68513 metric tons in August, a drop of 3% as compared to July.

Output decline 15% as compared with last year August 2015, when the company's ethylene output totaled 80,842, it said.

Pemex uses the majority of its monomer output for the production of downstream derivatives, including polyethylene grades.

Pemex's propylene output totaled 1,093 mt in August, up 3% from July numbers, it said. The company's output fell 5.5% compared with August 2015, when production totaled 1,157 mt.

http://www.platts.com/latest-news/petrochemicals/houston/pemexs-august-ethylene-output-falls-3-on-month-21650115
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TPPA in its final phase

Related Keywords: Canada, finalization process, free trade access markets, International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed, Mexico, Peru, priority market access, Trans – Pacific Partnership Agreement (TPPA), US

Kuala Lumpur
TPPA in its final phase
Summary: 
The Trans – Pacific Partnership Agreement (TPPA) which according to International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed will help the nation gain priority market access, especially to the four new free trade access markets as soon as it is in force is close to its finalization process.

The Trans – Pacific Partnership Agreement (TPPA) which according to International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed will help the nation gain priority market access, especially to the four new free trade access markets as soon as it is in force is close to its finalization process.

The minister justifies this delay in signing of the deal by saying that there were still several technical details that needed to be ironed out before any conclusions can be made. This includes the legal scrubbing and the finalisation of related schedule.

http://www.thesundaily.my/news/1595876
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Bulk consumption of US textile exports seen in Mexico and Canada

Related Keywords: apparel, Canada, export, fabric, garment, Mexico, textile mill product, US department of commerce, US textile, yarn

USA
Bulk consumption of US textile exports seen in Mexico and Canada
Summary: 
In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year.

In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year. Mexico and Canada were to two countries who consumed bulk of textile and apparel exports made by the US.

http://www.textileweb.com/doc/mexico-and-canada-consume-bulk-of-us-textile-exports-0001
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