China - Textile Industry Overview
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Xennia points to future of Digital Finishing at FESPA FabricChina | TQ | 10 May 2011 Xennia Technology, the world's leading industrial inkjet solution provider, will showcase its advanced digital textile printing and finishing capabilities at FESPA Fabric 2011, sponsoring and presenting at both FESPA Fabric Live! and the Digital Textile Conference from 24-26th May 2011, Hamburg. Xennia will present at the Digital Textile Conference taking place on 25th May alongside FESPA Fabric as a Silver Sponsor, discussing the latest advances in its inkjet technology solutions for garment fabrics and technical textiles. Xennia's advanced products include its patented diagonal reciprocating inkjet textile printing system, the Xennia Emerald. Dr Alfons Wegdam, Head of Textiles at Xennia explains: ''This system is a revolutionary combination of continuous substrate movement and diagonal printhead movement that allows excellent productivity and reliability, and eliminates the banding issues that may occur with a traditional step and scan system.'' Xennia's portfolio of textile printing inks includes its reactive dye textile decoration ink, XenInx Amethyst. ''Industrial textile printing calls for the best possible inks,'' explains Dr Wegdam,''and XenInx Amethyst offers an unrivalled combination of colour performance and reliability.'' In addition, Xennias presentation will outline Xennia?s inkjet technology developments for textile coating and finishing, known as ?Digital Finishing?, including water-repellent, dirt-repellent, self-cleaning coatings and many other technical textile applications. Showcasing the benefits of digital inkjet Xennia is also sponsoring the FESPA Fabric Live! fashion show, showcasing the benefits of digital inkjet printing and finishing for garments. Dr Wegdam says: ''We are very excited about presenting these garments as a way of showing the amazing capabilities of digital inkjet technology. This is only the start of our strategy to highlight the benefits of digital textile decoration and finishing to end users'' Xennia will have a meeting area at FESPA Fabric 2011 from 24-26th May (Hall B1, stand 67) for visitors to discuss their interest in digital textile decoration and finishing. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma@ctma.net This e-mail address is being protected from spambots. You need JavaScript enabled to view it... |
China Viscose Market Daily(9 May 2011)China | TQ | 10 May 2011 CCF Prices Cotton linter (yuan/mt, ex-works) 7,400 ?100 China Yarn Index, rayon yarn 30S (yuan/mt) 28,300 ?50 Bright VFY 120D in Linping, Zhejiang (yuan/mt) 50,760 ?20 Viscose filament yarn Transactions largely suspended on VFY market, so the trading activity was thin. The prevailing talked price of VFY 120D stayed at 47500-53000yuan/mt. ($1=CNY 6.50)Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma... |
China plan to benefit wool growersChina | TQ | 10 May 2011 THE rise of the Chinese domestic consumer and the country's most recent five-year economic development plan bodes well for wool growers, according to AWI's market intelligence and trade reporting manager Paul Swan. In His AWI Market Intelligence report last month, Dr Swan said the plan, covering 2011-2015, foreshadowed a golden decade for China's wool textile industry, but with''downside risks''including high fibre prices, domestic inflationary pressures and Chinese currency appreciation hampering export competitiveness. The China economic development plan's objectives include: a major effort to upgrade innovation capability in the wool textile industry, promotion of processing eco-sustainability, en couragement of domestic retail brands to add value and the export of indigenously-branded textile products, optimising the capacity and efficiency of small to medium-sized enterprises that make up 90 per cent of China's textile businesses. Dr Swan said the plan sought to support the transition of China's economy from an export-driven model to one driven by domestic demand. China has the world's largest textile industry with an output value expected to reach US$65 billion by 2015, representing an annual increase of about 11pc. ''Importantly, the importance of the domestic consumer expenditure on wool textiles compared to export income will rise rapidly, reflecting rapid urbanisation, consumer income growth, and increased expenditure on clothing,'' Dr Swan said. Highlighting the rise of the Chinese domestic consumer was the value of China's trade goods reaching $800 million, up 30pc year-on-year, with imports exceeding exports in the first quarter for the first time since 2004 and resulting in a trade deficit of US$1b. In March this year, exports of textiles and apparel reached $16.6b, up 59pc on February and 51pc year-on-year. Dr Swan said the value of China's economy, expressed as a share of global gross domestic product, already exceeded that of Japan, traditionally Australia's second largest wool consumer market. By 2015 China's economy/domestic textile market is expected to exceed that of the Eurozone markets, with one in every seven dollars of economic value generated in the world created in China and one in three dollars made in the 14 Asia-Pacific region, he said. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No... |
INVISTA Opens Spandex Plant Expansion in Foshan, ChinaChina | TQ | 9 May 2011 INVISTA, the recognized leader in spandex production and a wide range of other apparel fibers, fabric treatment and fabric technologies, expanded its spandex venture plant in Foshan. The plant will add approximately 12.5 kilotons of spandex production, raising total annual capacity to 24.5 kilotons in response to Asia's growing demand of high-quality spandex products. With a total investment of more than US$227 million, the venture between INVISTA and Foshan Plastics Group Co., Ltd remains the largest foreign investment ever in Guangdong's fiber industry. The plant now operates four production lines producing spandex fibers for multiple textile processing applications. ''China has become the largest spandex-consuming country in the world. With the expansion of our Foshan site, INVISTA continues to demonstrate its commitment to the global market and China, and our ability to anticipate and meet the changing needs of the market,'' said David Trerotola, president of INVISTA Apparel, at the opening ceremony where leaders from the Foshan municipal government, the Sanshui district government and the Xinan town government as well as other guests and INVISTA representatives gathered to witness the plant's opening ceremony. INVISTA is the only spandex producer with production capabilities in Asia, Europe, North America and South America. As one of the largest spandex plants in the world, the venture site utilizes world-class production technology and strives to achieve safety, health and environmental excellence in operations. To date, the Foshan expansion project and site operations teams have achieved more than 4.5 million safe work hours with no incidents. In addition, it has received the ''Safety Manufacturing and Fire-fighting Excellence Award''from the Xinan Town of Sanshui District, Foshan government for four consecutive years since 2007. ''As a world-leading spandex producer, we do not just focus on building capacity, but also on bringing innovations to meet the needs of the industry and the consumers,'' said Trerotola. ''As part of these efforts, we are moving forward with our plan to set up a China Textile Research Center in Qingpu district of Shanghai to support the development and commercialization of new fiber, fabric and garment innovations. The facility is expected to commence operations in the middle of ... |
China puts curbing inflation top agenda: MOFChina | TQ | 5 May 2011 HANOI - Curbing inflation is a big challenge for China and currently China puts it as top agenda for the government, Chinese Deputy Minister of Finance Li Yong said during a press conference after the 14th ASEAN+3 Finance Ministers' Meeting held here Wednesday. Li said for the first quarter of 2011, China saw the inflation ratio a little higher over the target of 4 percent set by the government at the beginning of this year. According to the macroeconomic policy design, China will continue the active fiscal policy and prudent monetary policy. Li said the inflation in China mainly caused by import factors, including the price hike of the international market and the high global demands. "The Chinese government has already mapped out strong policy measures. In terms of prudent monetary policy, many measures have been taken, including higher interest rate, deposit ratio and also other price measures,"Li said. "We will continue the implementation of those policies to curb the inflation until we reach a proper level or the target set up by the beginning of this year," he added.Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma@ctma.net This e-mail address is being protected from spambots. You need JavaScript enabled to view ... |
Rising wages, inflation to weaken exportsChina | TQ | 4 May 2011 WASHINGTON - China's rising wages and inflation will soon make its exports too expensive to compete with low-cost manufacturers, according to a group representing US companies with operations in the world's second-largest economy. "China's competitiveness in terms of wage rates will evaporate," Christian Murck, president of the American Chamber of Commerce in Beijing, said on Monday. Factories are "being squeezed very, very severely by rising wages", he said. Murck said the yuan is likely to continue its steady appreciation against the dollar because Chinese policymakers want to curb inflation and limit their accumulation of US Treasury bonds. A rising currency also makes exports more expensive. China's currency strengthened to 6.49 a dollar on April 29, the first time it exceeded 6.50 a dollar since 1993. Consumer prices in Asia's biggest economy rose 5.4 percent from a year earlier in March, exceeding the government's 4 percent goal for this year. Murck's group, representing US companies with operations in China such as Intel Corp, Wal-Mart Stores Inc and Boeing Co, is in Washington this week discussing ways that the administration of US President Barack Obama can confront a growing range of commercial challenges in China. Chinese efforts to develop "national champions" in high-technology industries reflects an awareness that its supply of low-cost labor from provinces is drying up as its population ages, said James McGregor, senior counselor at APCO Worldwide. "They are using the power of their market," he said. Wage increases in China and the appreciation of the yuan have reduced the profitability of small industrial companies in the southern province of Guangdong, the National Bureau of Statistics in Beijing said on March 15. The profit margin for small-scale industrial companies fell to 3.9 percent last year, a drop of 0.2 percentage points from a year earlier, the nation's statistics bureau said on its website. Labor shortages in manufacturing hubs on China's east coast are persisting and spreading to central and western regions as economic growth spurs demand for workers and population growth in rural areas slows, Yin Weimin, minister of human resources and social security, said in Beijing on March 8. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. ... |
Plant Textiles confirms speaker line-upChina | TQ | 29 April 2011 With less than six months to go till the Planet Textiles event makes its debut in Shanghai, representatives from some of the world's leading brands and trade organisations have confirmed that they will address delegates on a range of issues surrounding sustainability in the apparel and textile industries. A Senior executive from Levi Strauss and Sun Ruizhe, President of CTIC and Vice President of China National Textile and Apparel Council (CNTAC) have confirmed they will be amongst those speakers giving a unique insight into the challenges of sustainability. They will also be joined by Mr Kenneth Lo the Chairman of Crystal Group - one of the largest textile companies in the world and Linda Greer, Director, the director of US consumer group the Natural Resources Defense Council. Other conformed speakers include Delman Lee, Director, TAL Group (Hong Kong), Phil Patterson, Chairman, RITE Group (UK), and Pat Nie Woo, Sustainable Fashion Business Consortium (Hong Kong). Several other key global clothing brands from the USA and China and leading Asian textile mills have also indicated they will also join the event, which is being limited to around 250 delegates. The annual event, which last year took place in Hong Kong, is organised by Ecotextile News and leading trade show organiser Messe Frankfurt and takes place on 19th October 2011 alongside the Intertextile apparel fabric trade show which last year attracted over 56,000 visitors. Key topics at Planet Textiles will be supply chain transparency and compliance, the efforts of the Chinese denim sector to improve its environmental profile and resource efficiencies including the conservation of energy and water use in China's textile manufacturing sector. There are also still spaces available for further sponsors who will be provided with outstanding exposure to the high level delegates and speakers. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma@ctma.net This e-mail address is being protected from spambots. You need JavaScript enabled to view ... |
Tech Researchers Gauge New Chinese Cotton Policy ShiftChina | TQ | 29 April 2011 China's cotton policy decisions may affect world markets. China's textile mill demand for cotton played a critical role in driving cotton prices to a record $2.27 last month, up 175 percent over the year before. But now cotton producers are wary of lower cotton prices in the near future, according to a report from Texas Tech University's Cotton Economics Research Institute. The reason: China recently announced a government purchasing price increase both to rebuild their strategic reserve of cotton and increase domestic production. The Chinese government reportedly plans to buy cotton for a so-called ''temporary'' reserve from Sept. 1, 2011, to March 31, 2012, covering the fall harvest season. In the new report, ''Effects of an Increase in Chinese Government Purchasing Price on the World Cotton Market,'' study authors noted that overall it's projected that a higher government purchasing price in China would increase Chinese cotton imports, Chinese ending stocks and the world cotton price in the first year. ''Whether these effects are sustained over a longer period depends on how many years China will adopt the higher government purchasing price,''said Darren Hudson, Texas Tech's Larry Combest Chair for Agricultural Competitiveness. ''World mill use, however, is projected to decline as a result of a higher world cotton price.'' The impact of the one-year Chinese government purchasing price increase on U.S. farmers is only modest at best, Hudson said. Even if the government purchasing price is extended over a five year period, U.S. farm prices are only 1.2 percent higher on average. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma@ctma.net This e-mail address is being protected from spambots. You need JavaScript enabled to view ... |
Trade fair set to open in LangfangChina | TQ | 28 April 2011 The 2011 China (Langfang) International Economic & Trade Fair will open on May 18 in Langfang, Hebei province. The four-day event will offer a platform for Langfang and adjacent cities to attract investments from home and abroad, Wang Aimin, mayor of Langfang said at a press conference Tuesday. Langfang will also take this opportunity to bolster its exhibition industry, said the mayor. Hebei ranks the sixth among provinces on the Chinese mainland in terms of GDP, said Wang Zhixin, director of Hebei Provincial Department of Commerce. The province expects its GDP growth to average 8.5 percent during the 12th Five-Year Plan (2011-2015) and eyes an urbanization rate of over 54 percent, according to Wang. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ctma@ctma.net This e-mail address is being protected from spambots. You need JavaScript enabled to view ... |
Hong Kong Houseware and Home Textiles Fairs to Open TomorrowChina | TQ | 21 April 2011 Hong Kong Events Put Green Products and Pet Supplies in the Spotlight Hong Kong, Apr 19, 2011 - (ACN Newswire) - The Hong Kong Houseware Fair and Hong Kong International Home Textiles Fair will open tomorrow at the Hong Kong Convention and Exhibition Centre (HKCEC) and continue through 23 April. The fairs will take place one week prior to the 27-30 April Hong Kong Gifts & Premium Fair, also being staged at the HKCEC, and the Hong Kong International Printing & Packaging Fair at AsiaWorld-Expo. These four events organised by the Hong Kong Trade Development Council (HKTDC), are expected to attract more than 6,600 exhibitors. Global Green Trend At a press conference today, HKTDC Deputy Executive Director Benjamin Chau said consumers from around the world are becoming more conscious of environmental protection and low-carbon living, driving a fast-growing demand for green products. "Companies from every industry are researching new green solutions to tap the consumer market," he said. "To respond to this market trend and better meet industry needs, we continue to enhance our fairs by setting up a themed zone to promote green products." The 26th edition of the Houseware Fair will feature a new Green Living Zone to showcase a spectrum of innovative green houseware items for homes and buildings. Green products include items such as bamboo bowls and biodegradable garbage bags. At the second Home Textiles Fair, visitors can find many eco-friendly products, which are made of biodegradable material or made using green manufacturing techniques. "The Gifts & Premium Fair will also include a new themed zone for Green Gifts; and the sixth Printing and Packaging Fair will present various green solutions for the industry." Connecting with Creative Design Jeffrey Lam, Chairman of the Houseware, Home Textiles and Gifts & Premium Fairs' organising committee, said that with increasing operational costs, companies should add value to their products by working on design and branding. "Developing ODM and OBM is the market trend, and the Hong Kong Houseware Fair is an ideal platform to promote branded products with innovative designs to the global market," he said. "Today's consumers tend to focus on the extrinsic value of a product, including ... |
Canton Fair opens amid inflation concernsChina | TQ | 18 April 2011 GUANGZHOU - The Canton Fair, China's largest trade fair and a key indicator of the country's trade and economic development, opened Friday amid growing inflation concerns weighing on the nation's exporters. In addition to exploring business opportunities, the multitudes of sellers and buyers at the fair, officially known as the China Import and Export Fair, are keeping a close watch on developments in the nation's rising inflation. China's consumer price index (CPI), a main gauge of inflation, hit a 32-month high when it rose to 5.4 percent in March from the same month last year, while the CPI stood at 5 percent for the first quarter, the National Bureau of Statistics said Friday. "The increasing costs of raw materials and labor really pinched us," said Zhang Tieyan, Branding & Marketing Department Director of Haier Group. Zhang's opinion was echoed by many other large- and medium-sized companies at the fair. "We have to try hard to improve technology, expand new markets and promote efficiency to confront negative impact," said Zhang, adding that establishing production lines in target markets like central Asia and Europe could also help. Analysts say companies, both large and small, should take an active role in new strategic industries as China is at a crucial stage of restructuring its economy. This session of the fair requires a record 1.16 million square meters -- 30,000 square meters more than the last session -- of space inside Guangzhou's China Import & Export Fair Complex and will attract an all-time high of 24,415 exhibitors -- 816 more than at the last session. The first Canton Fair was held in 1957. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ... |
Drop in numbers of overseas buyers to Canton Fair expectedChina | TQ | 14 April 2011 GUANGZHOU, April 14 (Xinhua) -- The world's largest trade fair, which is set to open Friday for its first session of 2011 in southern Chinese city of Guangzhou, is expected to have less overseas buyers than the last session due to the north African unrest, Japanese earthquake and global inflation, organizers said Thursday. The 109th China Import and Export Fair, more commonly known as the Canton Fair, has become so large that it is spread over three five-day sessions, twice a year. "The number of overseas buyers is estimated to drop from 3 to 5 percent from that of the last session," said Liu Jianjun, deputy director of China Foreign Trade Center, the organizer, at a press conference held Thursday in Guangzhou. According to available data, the number of overseas buyers from African countries such as Libya and Cote d'Ivoire, would dramatically decline, said Liu. The number of Japanese buyers might also drop due to the earthquake, but the impact would be slight due to the efforts made by Japanese industrial and commercial institutions who said they would actively organize buyers to visit the fair. More than 6,000 Japanese buyers came to the last session of the fair, said Liu. Japan needs building materials for its earthquake reconstruction and China is well placed to meet much of that demand. Japan is the third largest trade partner of China, and bilateral trade accounts for 10 percent of China's foreign trade volume, said Liu. He noted that the number of buyers from the European Union and the United States should remain steady. Contact:Address : Room 406, No. 12 East Chang’an Street, Beijing, P. R. China Post Code : 100742 Tel No. : +86-10-58221177 Fax No. : +86-10-58221076 Web Site : http://www.ctma.net E-mail : ... |