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Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Global Trade of Home Textiles to touch U…

Home textiles, a major segment of overall textile industry, offers a wide range of categories such as furnishing fabrics, curtains, carpets, table covers, kitchen accessories, made-ups, bedspreads, bath linen, and other home furnishings...

ICE Cotton futures trade unchanged last week


(United States Of America)

ICE Cotton futures traded unchanged on last week, with the main Z3 contract settling at 84.52 c/lbs. Physical supplies for delivery to mills through 2013 year-end are looking increasingly tight, as spot supplies of Australian, West African and Brazilian cotton are minimal and the US harvest is several weeks behind schedule.

Chinese mills that need to import significant quantities by year’s end in order to utilize import quota are thus playing a potentially costly waiting game, relying on dwindling consignment stocks and fast new crop Indian shipments. An Indian Group of Ministers is continuing to explore the market-distorting idea of a 10% tax on cotton exports but nothing has yet been determined. Estimates for the 2014 Australian crop have fallen to about 4.0 million bales due to lower reservoir levels.

The Federal Reserve wrong-footed most analysts on Wednesday as the FOMC said in a statement that it did not feel “tapering” of bond purchases should begin now due to lagging inflation, uncertainty over US fiscal policy, and interest rates that have surged since May.

The USD sold off initially, causing a rally in global equities, bonds and currency crosses but this slowed by week’s end. India’s central bank surprised investors with a rate hike, helping the Rupee bounce back to around 61 against the dollar, well off lows around 70; these gains may yet prove fleeting though.

Analysts are now pushing back their timeline for the announcement of Fed tapering to the FOMC’s December meeting. Amidst all this, US economic data was mostly positive this week, with sales of existing homes the highest since early 2007 and weekly unemployment claims and an index of leading indicators beating expectations. In the background is the growing certainty that Janet Yellen will be the next Chairman of the Fed.


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Textile News

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interview with Domotex Director / Ms. Susanne Klaproth   Could you please give us a br...

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  In this issue of the magazine we have an interview with Masoud Kamali ardakani former...

The knowledge of melt-sminning machinery…

  Interview with Mohammad Ali Zare Manager of STIM Group   KJT: Please gave a detaile...

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Mr. Silvano Auciello / Sales Director   1.  Could you please let us know about your su...

Interview with Messe Frankfurt (HK) Limi…

“The gateway to Asia's home living” this is your slogan. Could you please explain why ...

Arab Carpet and Flooring Expo 2017

Interview with “Ms. Dyan Balgos” who is the “Marketing Manager” for “Arab Carpet and Floor...

Farsh Online: New window to Carpet E-com…

  Online Carpet Sale: Still Accelerating Farsh Online is the first online carpet sale in...

Zartosht; An Experience Ranging from Han…

Kohan Textile Journal Zartosht; An Experience Ranging from Hand-woven to Machine-made C...

Dr. Karegar speaks on return of Iranian …

Kohan Textile Journal Dr. Karegar speaks on return of Iranian carpet to America: India...

Salehi: My Biggest Challenge with Produc…

        Kohan Textile Journal In an Interview with Winner of Designing Prize in a C...

Farahi: We are satisfied with our partic…

        kohan textile journal Ali Farahi (Eng.), is a member of Farahi family who m...

Interview with Mrs Regina Brückner

Kohan Textile Journal Interview with Mrs Regina Brückner, Chairperson, VDMA Textile Mac...

Interview with Ms Wendy Wen

Kohan Textile Journal Interview with Ms Wendy Wen, Senior General Manager, Messe Frankf...

Interview with Mr. Xie Xi

Kohan Textile Journal Interview with Mr. Xie Xi, Sales Director, Greater China Region, ...

Interview with Mr. HE Tong Tong

kohan Textile Journal Interview with Mr. HE Tong Tong, General Manager, SHENZHEN HOMER ...

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Southwest ChemDry owners Clancy and Rosemary Byrne . ...

Persian Sarouk rugs are highly regarded

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Interview with Mr. Hamidreza Moshiri

Kohan Textile Journal Interview with Mr. Hamidreza Moshiri, Managing Director of Mashha...

Interview with Mr. Morteza Ghahari

Kohan Textile Journal Interview with Mr. Morteza Ghahari, Managing Director of Khatereh...

interview with Mr. Saleh Nasser Alsoray…

interview with Mr. Saleh Nasser Alsorayai Managing Director of Alsorayai Machine ...

Interview with Mr. Ziadi

Baradaran-e Ziadi Carpet Company has an outstanding experience in the business of handma...

Interview Mr. Ahmad Sadeghian

Kohan Textile Journal interview with Mr. Ahmad Sadeghian (General Manager of Setareh Ka...

Interview with Mrs Ulrike Wechsung

Kohan Textile Journal Interview with Mrs Ulrike Wechsung Director of Heimtextil Exhibi...

Interview with Mrs Mara Bormann

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Kohan Textile Journal

Middle East Textile Journal

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