Wiping cloths prices stable in Europe says - Recycling International
25 Oct '05
3 min read
Recycling industry information provider Recycling International announced that the growing demand for high-quality sorted clothing.
In Europe, premium and No 1 qualities are proving saleable to Eastern Europe and Africa in particular, with the result that many sorting companies have increased their capacities.
In North America, material generation has been affected by hurricanes Katrina and Rita; there is currently a slight shortage of wiping cloth material and demand is quite firm.
Europe Experts in Europe are broadly agreed on the current status of sorted used clothing sales, describing the market as somewhere between satisfactory and good. Overall, it would be fair to say that the used clothing business is considerably less tense than 12 months ago.
In late September and early October, premium and No 1 qualities have proved readily saleable in the European Union and in Eastern Europe.
Buyers in Africa have also been ordering considerably larger volumes as a consequence of the seasonal upturn in their domestic sales of secondhand clothing. In line with this rising demand, there has also been a slight improvement in the payment performance of many customers.
The majority of European sorting companies have increased their capacities and many are currently running at full tilt. As a result, the growth in demand for high-quality original material is expected to last until at least the end of October. It is hoped that, despite therecent onset of autumn collections, there will be no repeat of the huge over-supply witnessed in previous years.