Sustainable fabrics Nylon CPL 14-01-2022

Sustainable fabrics Nylon CPL

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Ventile reports sales growth due to increased demand for sustainable fabrics

Performance textile manufacturer Ventile has reported record sales for 2021, driven by an increase in consumer interest for ecological fashion and textiles.

Hailed as a “year of unprecedented sales,” total Ventile brand sales for the calendar year January to December 2021 increased by 75 percent, compared to 2020.

As well as overall growth, Ventile reports that demand for its sustainably sourced fabric, which includes Ventile Organic and Ventile Recycled, had a record year, with sales for its eco range up 230 percent on the previous year.

Its eco range now accounts for 51 percent of total sales, and out of its top-selling lines, five now come from this range. Sustainable fabrics Nylon CPL

One of the core fabrics, Ventile L24 Organic, a 100 percent cotton fabric made from sustainably grown organic global organic textile standard (GOTS) certified cotton, accounted for 22 percent of all meters sold by the brand, while Ventile L19 Organic had its best year since it launched.

Ventile notes that consumer desire to shop more sustainably, alongside the interest from brands to produce ethically considered garments, have been key factors in the growth in 2021 and has helped the brand launch five new fabric types in the past 12 months.

Daniel Odermatt, Ventile marketing manager, said in a statement: “Last year proved a pivotal year for the success of Ventile. Not only are we able to announce record sales for Ventile as a whole, but we are also pleased to say that it was also a bumper year for sales of our Eco range too. Sustainable fabrics Nylon CPL

“As a brand founded on its sustainable credentials and true advocates of the slow fashion movement, we are beyond thrilled to be able to see that consumers, as well as brands across the globe, are recognising the importance of this practice in the textile industry.”

Sustainable fabrics Nylon CPL

-Nylon 6 uptrend eases with lower risk appetite

This round of rising in nylon 6 industrial chain had lasted for a month. Different from previous waves of uptrend in 2021, there were divergences in the process, so the rhythm of increase was relatively slow. In fact, the time given to the downstream for replenishment was also sufficient, but since there was no consensus on the bullishness, the transaction was in a gradual manner instead of explosive rise this time. Sustainable fabrics Nylon CPL

Entering the second week in January 2022, the bullish performance has extended after Sinopec raised contract nomination further. However, trading of nylon 6 chip was obviously under pressure, and chip plants have different thought and strategies as well. Some of them insisted on bullish outlook toward the market after 2022 Spring Festival, as supply was still tight. But the others focused on a steady sales and have given some discounts to customers. As the price trend comes to consolidation and slight softness, buy mood is not as high as the previous time.

In terms of supply-demand pattern, both CPL and nylon 6 chip market have kept a healthy balance so far. Since the second half of December 2021, there have been several unstable operations in CPL industry, as some plants have restarted while some had shut or cut production. Sustainable fabrics Nylon CPL

The result of these issues is almost neutral, and there is no evident skew in the supply-demand balance.

Chart 2. CPL and nylon 6 chip plant operating rate

The above chart shows that the core lines of the average operating rate of CPL and nylon 6 chip plants basically keep a same pace. And in the below chart we could see that CPL inventory has been relatively stable over the past two weeks.

Nylon 6 uptrend eases with lower risk appetite

Ventile reports sales growth due to increased demand for sustainable fabrics

Nylon 6 uptrend eases with lower risk appetite

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Sustainable fabrics Nylon CPL

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