Surat the country’s biggest man-made fabric (MMF) sector has the highest consumption of yarn material as the entire MMF industry is depended on it for weaving polyester fabrics but the rising yarn prices are holding back weavers from purchased it.
The powerloom weavers in Surat have stopped the purchase of yarn material following the steep increase in the prices by the yarn spinners by almost 20-25 percent in the last few days following the rise in the crude oil price due to Iraq crisis.
In the last one month, the yarn prices have increased by Rs 12 per kilogram. The weavers have stopped purchasing yarn due to overproduction of fabrics.
On the other hand, there is a slowdown in the MMF fabric market in the country due to various factors including rising inflation and the extended monsoon season. However, the textile traders are not purchasing unfinished fabrics due to lesser demand in the domestic market.
The daily production of MMF fabric is pegged at 3 crore meters in man-made fabric (MMF) sector in Surat.
Global Fashion Agenda and ReHubs have launched the 2030 Circularity Blueprint to strengthen T2T recycling and support the transition toward…
Accelerating Circularity has introduced Textile-to-Textile Circularity Foundations to improve coordination and implementation in T2T recycling systems.
Claras Materials LLC has announced its launch as a specialised supply chain company focused on post-consumer textile raw materials.
Aegis Fibretech has presented results showing that its new electrospun materials can capture and contain neutrons generated in nuclear fusion…
Denim Deal, an initiative to promote circular practices in denim production, is working toward expanding textile recycling efforts in India…
Natural Fiber Welding (NFW), based in Peoria, Illinois, has introduced Pliant footwear outsoles made entirely from bio-based natural rubber.