Wool prices to see slow and steady upward trend in the year 2014 with the market reopens today. The eastern market indicator was at 1134 cents when the market closed for a three-week break in December.
According to Andrew Partridge, from Fox and Lillie, the wool prices will steadily increase throughout the year with medium wool types making the biggest gains.
An average of 1100-1150 will perhaps be a pretty good, he said.
(The) 21 microns will almost certainly eye $13 but he thinks around that $12.50 mark, everyone should be reasonably happy.
There will be a slow and steady sort of rise and from 2015, he expects to see a very good market moving ahead.
However the fine wool guys might be a bit dissatisfied as the cost of production is a bit tough for them.
HandMadeStone and CleanKore have formed a partnership to promote sustainable practices throughout denim manufacturing, from fibre production to final finishing.
ICT, Mumbai, has opened its newly renovated sustainable textile laboratory, upgraded with support from Archroma India Pvt. Ltd. under its…
Denim Deal, focused on standardizing circular methods in denim production, announced that French retailer Kiabi has joined the group.
A research team at the UBC has created a cleaner way to make rayon that could reduce chemical use and…
Oritain, a global expert in origin verification, has extended its scientific tracing methods to leather, a material often harder to…
Aunde has formed a partnership with PreZero to set up a plant that will recycle polyester-based textile waste into new,…