A rising tide lifts all boats; cotton prices exceed 10,000 rupees; cotton yarn prices rise in northern India
Foreign news on May 12, traders said that the price of cotton yarn in northern India increased further, as cotton prices in Rajasthan exceeded the key psychological price of 100,00…
The impact of the United States’ notice on China’s tariff review on garments
It will be the fourth anniversary since the United States officially implemented Section 301 tariff measures against China on July 6, 2018. Now, under the impact of serious inflati…
U.S. textile and clothing imports increased by .% in the third quarter
According to the latest data released by the U.S. Department of Commerce’s Office of Textile Products (OTEXA), U.S. textile and garment imports continued to grow in March 201…
Lesotho’s textile sector faces difficulties
According to a report by Lesotho’s local media thepost on May 12, the textile sector, as the second largest employment sector in Lesotho after the government sector, has been sever…
Cambodia’s garment exports grew .% in the first quarter to US$.
Data from the General Administration of Customs of Cambodia show that Cambodia’s clothing exports in the first quarter of 2011 were US$3.155 billion, an increase of 24.8% compared …
Sri Lanka political crisis affects Bangladeshi garment shipments
Sri Lanka’s “Daily Mirror” reported on May 14 that the ongoing political crisis in Sri Lanka has led to strikes by more than 2,000 trade unions, and its spillover…
Vietnam’s textile and apparel industry has both opportunities and challenges
Vietnam’s “Customs Online” reported on May 13 that on May 13, Vu Duc Giang, chairman of the Vietnam Textile and Garment Association (Vitasdfssdfss), held a sustai…
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Swedish clothing trade is improving
Swedish Radio reported on May 12 that the Swedish Trade Style Index showed that clothing trade performed strongly. Compared with the same month in 2021, clothing sales in physical …
Bangladesh lowers threshold for “local value addition” incentives for garment exporters
On May 9, the Bangladesh Bank lowered the value-added threshold for garment exporters in 2021/11 from 30% to 20%. According to a notice from the central bank, garment exporters wit…
Sri Lanka economic crisis forces apparel orders to shift to India
Officials from the Ministry of Textiles of Sri Lanka stated in April 2011 that as Sri Lanka experienced its most severe economic crisis, textile export customers had gradually shif…