Textination Newsline - May 21, 2013

Bangladesh's Textile Industry is feeling the Slump in Major Markets

Long-term Export Growth expected at 8% / Modernization Pressure rises

Exports of textiles and clothing manufacturers of Bangladesh grow more slowly in their traditional markets. New customers, particularly in the Asia-Pacific region, are likely to gain importance in the future. In order to remain competitive manufacturers however need to diversify their product range. Extensive investments in the mostly obsolete facilities of the textile companies are urgently needed. >> read more  

NY cotton futures higher this week

Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool conditions. Old Man Winter is apparently still not quite ready to quit, as another cold front is dipping down from Canada this weekend, bringing more rain to the Memphis territory, with low temperatures dropping into the high 40s

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Terrot at ShanghaiTex 2013

As one of the most influential textile events in China, the 16th International Exhibition on Textile Industry (ShanghaiTex 2013) will be held at Shanghai New International Expo Center, Pudong, Shanghai, PR China on June 10-13, 2013. In last edition (2011) of ShanghaiTex, the exhibition occupied 92,000 sqm with over 1,000 exhibitors from 23 countries and regions while no. of visitor reached a record high of 55,080.

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