Futures closed at noon, staple fiber fell .%, cotton yarn fell .%, and Zheng cotton fell .%.
Today’s futures market closed at noon, and most of the main domestic futures contracts fell. PTA2305 fell 2.70% to 5618 points; staple fiber 2303 fell 2.59% to 7296 points; c…
Cotton yarn trade unaffected by long-term provisions of Indian budget
Foreign news on February 2 that cotton yarn in northern India was not affected by the 2023/24 federal budget announced yesterday. Traders said there were no major announcements in …
Bangladesh calls on international garment retailers and brands not to specify single sourcing
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) appeals to international garment retailers and brands not to require manufacturers to procure through nominating …
Cambodia’s garment industry export prospects are unfavorable
In its latest global economic outlook report released in January 2023, the World Bank lowered its 2023 growth forecast for the United States to 0.5% and the European Union to 0%. C…
Madagascar’s textile industry’s contribution to GDP.%
Orasdfssdfsnge News, according to the introduction of the textile development strategy of the Madagascar Ministry of Processing and Commerce on February 2, the textile industry is …
Bangladeshi garment workers demand minimum wage increase
The Bangladesh Garment Workers Union (BGWUC) demands that the monthly minimum wage of workers be increased by 175%. If the case is successful, labor wages will be increased from th…
Vietnam’s textile and apparel exports grew .% to US$100 million
Preliminary data from the Customs Information and Statistics Department of the General Administration of Customs of the Ministry of Finance of Vietnam shows that Vietnam’s textile …
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Bangladesh wants duty-free cotton imports from the United States
According to a report by Bangladesh’s “Business Standard” on January 20, Bangladesh Commerce Minister Tipu Munshi spoke at the 4th Bangladesh 2023 Global Cotton S…
U.S. recalls Chinese-made children’s casual pants
On January 26, 2023, the US CPSC announced a recall of Chinese-made children’s casual pants. This recall involves ProperlyTied’s 100% cotton children’s casual pants. The prod…
Cambodia’s garment exports grow .% to US$100 million
According to data from the General Administration of Customs of the Ministry of Economy and Finance of Cambodia, clothing exports in 2011 increased by 12.69% compared with the same…