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Prints that not only look great, but are sustainable too!; Mynamar labeled "failed state";

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Prints That are Sophisticated and Sustainable

While many mills can produce good quality printed fabric, few can handle very complex prints without relying on costlier, more time consuming digital printing.

So when the world’s leading apparel brands need high quality, very unique prints, they turn to Indonesia-based Hakatex.

Not only can Hakatex achieve prints that other mills can’t manage, they are able to get it right the first time, reducing waste and saving time.

“Just today we received a design from Tommy Hilfiger. They asked ‘are you sure you can do this?’.  When we said ‘yes’, they asked again, just to be sure.  They thought that we would be doing it as a digital print, but we said that we could do it the conventional way,” said Mr. Haminoto, the President Director of PT Hakatex.

One of the reasons why Hakatex is able to achieve their ‘right the first’ success is by using high quality fabrics.

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MARKETS

Myanmar stands at the brink of state failure, as the nation collapses into chaos amid escalating violence, the worst it has seen for over 30 year.  International crisis experts and public policy analysts say there’s no foreseeable end in sight.

LOGISTICS

The impact of the Suez Canal blockage has finally kicked in.

  • Asia-North Europe rates climbed 6% this week to $7,762/FEU, after falling 14% since February through last week.
  • Asia-Mediterranean prices increased 7%, to $7,889/FEU, just 2% under their March peak, though backhaul rates from Europe to Asia have remained unchanged as carriers focus on returning empty containers.

Rates to the US have remained stable.

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PODCAST

How to Win in China’s Complex E-commerce Market

In this episode Josh Gardner, CEO & Co-Founder of Kung-fu Data, a senior China strategist shares what brands can do differently to boost their success in the hyper competitive market.

Listen to the podcast

MATERIALS

Materials Price Movement APRIL22

International companies face a dilemma over China’s Xinjiang region: Either cut off business dealings with an area tied to reports of forced labor involving its Muslim population and turn to more expensive production sources, or accept products from the region and risk attacks from human rights groups and investors.  Most international companies have opted out.

SUSTAINABILITY

Teijin Frontier (Japan) has developed technology to mass produce a new version of its Nanofront ultra-fine polyester, which the company believes is the world’s first nanofiber to be made from recycled polyester raw materials.  

The new technology will enable Teijin Frontier to produce all of its polyester fiber products with recycled raw materials.   Read More

 

The Lycra Company (China) has launched its first performance offerings made from 100% textile waste. COOLMAX and THERMOLITE EcoMade fibers made from textile waste are the result of a strategic collaboration between The LYCRA Company and ITOCHU Corporation.  Read More

EXPORTS

Soaring exports helped China’s gross domestic product grow 18.3% in the first quarter of 2021, from a 6.8% contraction in Q1 2020.  Despite the talk of “leaving China”,  the actual shift out of China slowed in 2020.  In Q1 2021, China’s share of certain categories grew, while other nations saw year-on-year declines.

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