Returning from 20 – 22 October this year, Yarn Expo Autumn 2014 will be held in hall N4 at the Shanghai New International Expo Centre once again. With an exhibition area standing at 5,000 sqm, nearly 150 overseas and domestic yarn suppliers will participate in this edition, while many of them say they will showcase their latest eco products.
Samil Spinning Co Ltd from Korea is one such company. “Textile consumption, especially that of eco textiles, will continue to increase in the promising Chinese market, which is good for us as our high-tenacity rayon spun yarns, such as MicroModal, Modal and Tencel are all eco-friendly materials,” Isaac Hwang, Assistant Manager in the company’s R&D Marketing team said. He also stated the firm will bring some new products, namely Drysil, a new-age performance spun yarn featuring excellent moisture management properties, Porexil, an anti-pilling 100% synthetic air-jet spun yarn, and Hysil, a new ring-spun yarn to the fair.
Another exhibitor from Indonesia – PT Indorama Synthetics – will bring cotton yarns from its new factory in Uzbekistan. “We will promote our open-end cotton yarns and world-class cotton combed compact yarns for knitting & weaving applications at the fair,” said Neeraj Gupta, a representative of the firm, adding these products are made in the only Greenfield spinning mill in the Kokand region of the country.
Exhibitors optimistic about the dropping cotton price
The cotton price in China has been dropping since the Chinese government decided to terminate its cotton stockpiling mechanism in April, helping yarn suppliers in the country save more on raw materials. In order to further expand their business, nearly 50 Chinese yarn makers have already confirmed their participation at this edition to showcase their latest collections, including unique and functional products. Some of the big names include China Textile Academy, Wuxi Si-Mian Textile Co Ltd, Zhejiang Lianhong Fiber Co Ltd and Fujian Billion Polymerization Fiber Technology Industrial Co Ltd.
Overseas yarn spinners, on the other hand, are also optimistic about their situation. “Some local manufacturers did become more competitive due to the recent price drop in China; however, the international cotton price is also falling, following the same path as the Chinese cotton price. Plus, consumption in China is huge and we are confident that imports of cotton yarn products to China will pick up soon as domestic supply falls short of demand,” said Gupta of PT Indorama Synthetics, acknowledging the importance of utilising the fair to meet with more buyers at the fair.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=166465
