Fibre2fashion ranked No-20 amongst all ‘B2B Online Media’

Fibre2Fashion has bagged the number-20 rank and is the only other website from Asia, under the category of textile, apparel, and fashion, to be selected in the elite list of top 30 businesses in ‘B2B Online Media’, by ‘Research & Markets’.

It is a proud moment for Fibre2fashion, one of the world’s largest online B2B platforms for the global textiles, apparel and fashion vertical, to be counted amongst the top 30 businesses in ‘B2B Online Media’ ranking by the world’s largest market research source.

The top 30 have been drawn from the propriety BSG database of B2B sites in Asia and ranked based on Alexa.com figures.

The glorious journey of Fibre2fashion started way back in 2000 and having completed a decade of offering immaculate services to the global fraternity in the verticals of textile, apparels and fashion; this honour could not have come more early.

Fibre2fashion is an ISO 9001:2001 company and is not only an e-trade platform facilitating the sourcing & marketing requirements, but also a provider of first-hand information on various aspects of textile, apparel and fashion industries, 24x7, globally.

Fibre2fashion helps small, medium and large business houses from across the globe to capture and increase their market share by providing cost effective and innovative brand promotion solutions to reach the widest and largest global target audience in the shortest time.

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Futures market starts new calendar year on strong note

NY futures traded slightly lower since our last report on December 23, with March giving back 101 points to close at 72.89 cents.

Although the futures market started the new calendar year on a strong note by rallying to an intra-day high of 76.77 on Monday, it proved to be nothing more than a flash in the pan as values have since dropped by nearly 400 points. This correction seems to be the result of spec selling and index fund rebalancing, against which the trade has been a decent scale down buyer.

As expected we have seen the spread between the A-index and spot futures move back towards a more traditional difference recently. This morning the A-index measured 78.45 cents, while March closed at 72.89 cents, resulting in a spread of 556 points. Just a couple of months ago we had spot futures trading above the A-index, which is rather unusual and usually short-lived. Also, as of this morning we have once again a US quote (MOT at 79.25 cents) in the index after a five-month absence, which in our opinion is supportive because it signals that US cotton is competitive on the export front.

US exports were already quite strong before this week's price drop, as sales over the two-week holiday period amounted to no less than 583'200 running bales of Upland and Pima. Total commitments for the season now stand at 6.5 million statistical bales, whereof 3.6 million have so far been exported. Some analysts were disappointed about last week's export sales of 208'500 running bales, but we need to remember that if the US were to sell that amount every week, we would run out of cotton by the end of September.

We believe that the market does not yet fully appreciate how tight the US statistical situation is this season. We started last August with beginning stocks of around 6.3 million bales, to which we add the latest crop estimate of 12.6 million bales to arrive at total supply of 18.9 million bales. From that we need to subtract the 3.4 million that US domestic mill will have taken up by the end of July, which leaves 15.5 million bales available for export. Taking away the 6.5 million bales that have already been committed overseas leaves us with around 9 million bales that are still for sale. That may sound like a lot of cotton, but it really isn't! If we were to sell just 200'000 bales a week, it would take 45 weeks to completely sell out of everything and at 250'000 bales a week we would reach the end of the line in just 36 weeks, or by the first week of September. 

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China & Korea silver lining for coir exports

With declining exports in traditional markets such as US and EU and new buyers like China and Korea buying more coir raw materials, 2009 has been a mixed year for the coir sector.

Rugs, carpets and mats experienced demand fall in the traditional markets of US and Europe, moreover, the sector didn’t see considerable growth in exports to new markets like Latin America.

The domestic manufacturing sector of India has been going through raw material dearth due to huge demand for curled coir and fibre from China and Korea. However, continuous export of raw materials proved helpful to sustain the export performance of the coir industry.

According to experts, over-dependence of coir exports industry on traditional markets is the major drawback of the industry. The US is the largest market for these products, contributing over 37 percent of the total exports of Indian coir products. While EU countries account for more than 41 percent and the other countries share 22 percent of total exports, as per the statistics of Coir Board.

Domestic market has not witnessed considerable development though it has a bigger revenue share. Demands from new markets are not enough to counter-balance the losses from the US and European markets, said an expert. Shrinking exports to US and Europe are affecting fortunes of the Rs 20 billion traditional coir industry, which employees more than 500,000 workers, added the expert.

 

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Aura Herbalwear Harnesses Potential Of Organic Textiles

A huge opportunity has been created in the developed economies with regards to the growing awareness in the consumers towards using sustainable and eco-friendly clothing, which in turn has provided an impetus to producers of organic textiles and clothing.

Aura Herbal Textiles Ltd, a Ahmedabad based textile company latched on to this opportunity and now manufactures textiles using organic cotton and processes it using only herbal dyes. The process developed by the innovator and owner, Mr Arun Baid, aided by his wife Ms Sonal Baid, is not only entirely eco-friendly but also offers recycling benefits with solid as well as liquid wastes being used as manure at its Ahmedabad plant.

Aura Herbalwear supplies and exports a majority of its organic fabrics to high-end western fashion and apparel retailers to countries like USA, Canada, France, Denmark, Italy, Australia, Japan and UAE and expects demand to double over the next two years. As of now, awareness of organic clothing is still at its nascent stage in India.

Speaking about his venture, Mr Baid says, “Our goal is simple yet substantial— we want to show the world that fashion need not pollute the environment with chemical processing and synthetic dyes. We also believe that style need not be compromised for eco-friendliness and ethical choices.”

“Currently organic cotton products use synthetic chemicals for dyeing, which can be converted in the natural herbal dyeing process whereby the product meet the standards of eco-friendly products,” he says, while talking about the potential of the segment. 

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'Turning Vision 20-20 Into Reality' The Mann Society

One of the sad effects of scientific advancements is the destruction of environment and nature. Consequences of our technological progress results in adverse effects such as deforestation, air pollution, and mingling of toxic chemicals in water, and ultimately results in depleting biodiversity. Eventually, we may need to conserve nature and biodiversity. One such effort is the formation of Mann Society.

Brain child of the young Ashish Khatri while he was still in his teens, the institution owes its origin to likeminded individuals, educationists, engineers, doctors and socially active youths. This is a non-profit, non-governmental, and non-religious, voluntary organization that works for the betterment of people in the rural and urban areas of the state.

The Mann Society:

The Mann Society is headquartered in Udaipur in Rajasthan, propagated by the former President of India, Dr. Abdul J Kalam. Envisioned with aspiration to save trees, and transform India into a developed country, the society aims to protect the environment from the impact of global warming, plastic waste, greenhouse effects, and marble slurry. Mann Society is registered under government Act1958 on 31-march-2009.The society itself is named with a meaningful motive which explains the intrinsic worth of its services.

M Make A Atmosphere N Nature and N Neat and clean

Young Innovator - Ashish Khatri:

Ashish Khatri is a recipient of a number of awards and prizes among which he is the recipient of an honor of being named Junior Scientist of Rajasthan, by none other than the former President, Dr. Kalam. He was also honored by the Government of Rajasthan on Republic day in 2006.

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Symposium To Focus On Project & Investments In Technical Textiles

An International Symposium on Marketing & Technology of technical textiles jointly organized by Texas Tech University, USA and Bangalore based TecniTex Nonwovens Pvt Ltd., in collaboration with Textiles Committee, Ministry of Textiles, Govt of India will feature who is who in technical textiles in India.

This industry centric symposium is focused on creating interacting platform for industry leaders to facilitate the creation of new technical textile projects in India.

Leaders in the technical textiles field in India such as

Ahlstrom Fibre Composites India Pvt Ltd, Ginni Filaments Ltd, Reliance Industries Ltd,US Pacific Nonwovens Ltd, Hongkong, Mirachem Industries, Mumbai, Schill India,Chennai, Anjani Udyog, Technopak, K's Consultant

will talk about technical textile products and projects. International forecast and growth reports from the Association of the Nonwoven Fabrics Industry (INDA), USA and Industrial Fabrics Association International (IFAI), USA will be presented.

Technology session and interactive session will be led by Dr. Seshadri Ramkumar of Texas tech University, USA.

TecniTex Nonwovens Pvt Ltd

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