These reports are issued annually that covers the trends in individual products demand and supply of polyester, nylon, acrylic, viscose and cotton. It contains up-to-date ‘not easy to find’ statistics and objective analysis of the trends and recent development of the respective textile chain industry. It covers the entire value chain beginning from feedstock further to intermediate, and down to fibre and filaments. The report presents tabulation and graphical presentation of trends in demand and supply of a textile chain region-wise and country-wise from past five years.
An important aspect of this report is the long term forecast on capacity, production, apparent consumption and the likely surplus/deficit that would emerge in the next five years for the entire chain. The report also contains in-depth analysis of price drivers of the textile chain.
The trade conflict between the US and China may be unsettling global trade. But home-textile exporters from India see a silver lining, though benefits could be insignificant if US demand remains subdued. Indian companies expect to benefit from the imposition of US duties on imports from China. Beginning September, import duties will kick in on home textiles, including towels and sheets.
The Crypton Companies, a leading provider of performance textile technologies in the contract, home furnishings, and apparel markets, has entered into a formal agreement to acquire the operations of Abercrombie Textiles, a North Carolina-based textiles mill. With a deep commitment to US manufacturing and the preservation and advancement of the American textiles industry, Crypton and Abercrombie share a long working relationship and a common customer base.
China\'s garment industry saw revenue expansion and dropping profits in the first seven months of the year, according to the Ministry of Industry and Information Technology (MIIT). In the January-July period, the combined operating revenue of major garment enterprises each with an annual operating revenue of 20 million yuan (about 2.8 million U.S. dollars) rose 2.15 percent year on year to 896.2 billion yuan, MIIT data showed. However, profits of those enterprises shrank 3.48 percent to 46.1 billion yuan compared with a year ago during the period, said the MIIT.