LONDON, August 22, 2016-

Delegates attending the World Fibres Conference on 9-10th November at the Crowne Plaza Hong Kong, Kowloon East, will hear about the latest developments in raw materials, fibres and textiles and receive strategic insight on the forces influencing these complex, interdependent sectors. The key note speaker this year is Rajen Udeshi, President – Polyester Chain at Reliance Industries who will provide an executive overview of the sector. Other presenters will include Alasdair Carmichael, of PCI Wood Mackenzie, who will present the global fibres outlook, and Bruna Angel, also of PCI Wood Mackenzie, will offer her view on cotton.

"Times are as challenging as ever in the global fibre and textile industry," says William Chapman, PCI Wood Mackenzie's Head of Fibres. "Overcapacity in China has been intensified by lower local growth rates. Falling oil and raw material prices have driven yarn prices lower. New investments elsewhere are making it difficult for China to export their excess product. At the conference, we'll review the trends and share our thoughts on what 2017 holds in store. Join us to network with industry leaders and hear the latest thinking as you set your business plans for the coming year”

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