New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that apart from a small selection of finer Crossbred Hogget Fleece which eased in value, the balance of the 7,260 bales of wool on offer at the South Island sale improved with some Merino Wools lifting significantly. With a clearance of 90 percent of the offering and a weighted currency indicator that only eased 0.30 percent, the firmer market is attributed to Exporter shipping requirements and slightly mo

Culp, Inc. reported financial and operating results for the first quarter ended July 28, 2013. Fiscal 2014 first quarter highlights: - Net sales were $70.1 million, up 1.4 percent, with mattress fabric sales up 0.5 percent and upholstery fabric sales up 2.4 percent. This is the company’s highest total sales for the first quarter in nine years. - Pre-tax income was $5.5 million, the highest first quarter level in the company’s history. - Adjusted net income (non-GAAP) was $4.7 million

Textile Raw Material Price 2013-08-29 Item Price Unit Fluctuation Date Oil WTI 109.01 USD/Barrel 3.09 2013-08-29 PX 1517 USD/Ton 0 2013-08-29 PTA Buy 7800 RMB/Ton 30 2013-08-29 PTA Sell 1070 USD/Ton 3 2013-08-29 MEG Buy 8010 RMB/Ton 0 2013-08-29 MEG Sell 1087 USD/Ton 2 2013-08-29 CPL Buy 18400 RMB/Ton 0 2013-08-29 CPL Sell 2350 USD/Ton

Textile Raw Material Price 2013-08-28 Item Price Unit Fluctuation Date Oil WTI 109.01 USD/Barrel 3.09 2013-08-28 PX 1517 USD/Ton 0 2013-08-28 PTA Buy 7800 RMB/Ton 30 2013-08-28 PTA Sell 1070 USD/Ton 3 2013-08-28 MEG Buy 8010 RMB/Ton 0 2013-08-28 MEG Sell 1087 USD/Ton 2 2013-08-28 CPL Buy 18400 RMB/Ton 0 2013-08-28 CPL Sell 2350 USD/Ton

Textile Raw Material Price 2013-08-27 Item Price Unit Fluctuation Date Oil WTI 105.14 USD/Barrel -0.16 2013-08-27 PX 1509 USD/Ton 4 2013-08-27 PTA Buy 7760 RMB/Ton 10 2013-08-27 PTA Sell 1065 USD/Ton -5 2013-08-27 MEG Buy 8010 RMB/Ton -40 2013-08-27 MEG Sell 1085 USD/Ton -15 2013-08-27 CPL Buy 18400 RMB/Ton 50 2013-08-27 CPL Sell 2350 U

iFabric Corp announced its financial results for the third quarter ended 30th June 2013. iFabric has a 30th September year end. Q3 HIGHLIGHTS: In the quarter ended 30th June 2013, revenues increased to $2,709,015 compared to $1,802,833 in the corresponding quarter in 2012, an increase of 50%. Gross profit in the quarter was $1,504,110 (or 56% of sales), compared to $936,183 (or 52% of sales) in the corresponding quarter in 2012, representing an increase of $567,927 (or 61%) over 2012. O

Textile Raw Material Price 2013-08-26 Item Price Unit Fluctuation Date Oil WTI 105.3 USD/Barrel 1.45 2013-08-26 PX 1505 USD/Ton 2 2013-08-26 PTA Buy 7750 RMB/Ton 0 2013-08-26 PTA Sell 1070 USD/Ton -10 2013-08-26 MEG Buy 8050 RMB/Ton 0 2013-08-26 MEG Sell 1100 USD/Ton 5 2013-08-26 CPL Buy 18350 RMB/Ton 50 2013-08-26 CPL Sell 2340 USD/Ton

A lower dollar helped to give wool prices a bit of a leg up at this week's sale. Only about 6000 bales of South Island wool were auctioned on Thursday, compared with more than 18,000 bales at the combined North and South Island sales last week. Apart from a small amount of mid-micron wools which sold for up to 3.5% less, all other wools were 1% - 4% dearer. Source: radionz.co.nz .

After the December contract had reached a high of 93.72 cents last Friday, followed by another attempt to a high of 93.54 cents on Monday, the ferocious rally that took the spot month nearly 900 points higher over the course of just nine sessions was finally losing steam. With momentum oscillators flashing warning signs and with December opening below its steep uptrend line on Monday night, the stage was set for speculators to head for the exit. What followed was a brutal smash that knocke

High cotton inventories will prevent further increase of cotton and other fibers’ price increases. Austria based manmade cellulose fiber giant, Lenzing Group presented its first half-year results for 2013. The impact of reducing sales price was clearly evident in the declining consolidated sales of Lenzing Group compared with the first half of last year. In its half yearly report, Lenzing Group has reported a 6.8% decline in its consolidated sales compared to first half year of last year.