New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the combined North and South Island first wool auction for 2013 resulted in a strong market based on recent increased buying interest particularly from China. Of the 21,900 bales on offer, 90 percent of the offering sold. The weighted indicator for the main trading currency compared to the last sale on 19th December was practically unchanged, lifting only 0.05 percent and having no impact on prices.

Turkey has cancelled protective tariffs on cotton yarn imports from Egypt and other countries, effective as of 1 January 2013, Minister of Industry and Foreign Trade Hatem Saleh stated on Thursday Al Ahramonline reported. The decision represents a "great opportunity" for Egypt to increase exports of cotton yarn to Turkey, the minister said, noting that the tariffs had previously impeded such exports. The move is especially likely to boost Egyptian exports of thin yarn (from 50 to 140 count),

Stockings – be it of any variety from sexy sheer and delicate lace to conventional ones – have always been a favourite wardrobe must have for the fashionistas of the western world. Besides keeping legs warm in chilly wintery months, this fashion accessory also adds to the oomph factor by creating an optical illusion of well-toned long legs. These are now increasingly becoming a hit among chirpy teenage college goers and stylish working women of contemporary India. "Yes, definitely the

Following the low prices experienced for cotton last year, more than 1,000 Zambian farmers in Mumbwa in Central Province have switched from planting cotton to growing jatropha, a flowering plant whose seeds contain up to 40 per cent of oil and is a source of biodiesel. Papamelia, a company offering extension services in the planting of jatropha, has distributed more than 25,000 plants to farmers in the district. The company's co-ordinator, Thomas Muswerakwenda, told ZANIS in Mumbwa on Tuesday

The New Year has evoked mixed outlook for the garment industries in the Asian region. A few of the industry representatives in the region feel that the industry will prosper, while others maintain that not much has changed at the ground-level since last year. Leading the optimistic group is Mr. Van Sou Ieng, chairman of Garment Manufacturers Association in Cambodia (GMAC), who told fibre2fashion, We have something to cheer about since we expect a growth in garment exports this year." Echoi

MAS Fabric Park at Thulhiriya will get a apparel and footwear manufacturing facility and it was expected to be operational before the end of 2013. This is a joint venture project between MAS Group and NIKE. Around 200 people will be employed at the initial operational stage of the factory. MAS Fabric Park spreads across 165 hectares and seven business entities are currently housed at the MAS Fabric Park and MAS Group and NIKE joint venture project will be the latest business entity to be housed

Several domestic and foreign apparel retail firms are further strengthening their expansion in Chinese lower-tier cities, in the midst of intensified competition in the first-tier cities, according to a latest report. The lower-tier cities in China are turning into major battlefields for many apparel firms, says a report on “China’s apparel market, 2012”, released by Li & Fung Research Centre. The fact that people in the lower-tier cities are getting wealthier and are having stronger s

Dr. Jane Dever, associate professor-cotton breeder for Texas AgriLife Research in Lubbock, is the recipient of the 2012 Cotton Genetics Research Award. The announcement was made on January 10 during the 2013 Beltwide Cotton Improvement Conference, which convened as part of the National Cotton Council-coordinated 2013 Beltwide Cotton Conferences. In recognition, she received a plaque and a monetary award. Dr. Dever has been in her present post since 2008 where her major research focus inclu

Spot futures are still gravitating towards the 75 cents level and for the past eight sessions the March contract has settled within a very narrow band of less than 100 points, between 74.79 and 75.71 cents/lb. There have been a few intraday spikes up and down, but last Friday’s selloff below 74 cents found ready buyers, while attempts to propel the market beyond the crucial 78 cents resistance area have so far lacked the necessary momentum. The current level of NY futures actually makes s