- U.S. cotton prices hit three-year high. Will global rates follow upward trend?
- U.S. spot cotton prices averaged 88.35 cents per pound for the week ended Aug. 12, according to the U.S. Department of Agriculture (USDA). This is the highest weekly average since June 14, 2018, when the average was 90.27 cents. The weekly average was up from 86.31 cents th
- Aug 30, 2021
- Japan’s exports to China increase year-on-year for 13 consecutive months
- Japan’s exports grew 37 percent in July, driven by demand from China, the United States and other overseas markets, according to preliminary statistics released by the Ministry of Finance of Japan on the 18 th . Japan’s exports in automobiles, steel, auto parts and other s
- Aug 27, 2021
- Vietnam’s textile-garment sector may find tough to meet export target
- Vietnam’s textile and garment industry may find it tough to meet its export target of USD 39 billion this year due to the impact of the pandemic. A report by the Vietnam National Textile and Garment Group (Vinatex) said that since June 2021, when the pandemic broke out in southern localiti
- Aug 27, 2021
- Indian cotton acreage to come down by 15 percent
- The cotton acreage in India is likely to see a decline of about 15 percent, with farmers shifting to oilseeds and pulses cultivation in several parts of India. Though it had expected to top last year’s area of 129 lakh hectares, the cottonseed industry now says it will be l
- Aug 27, 2021
- New cotton production decreases, downstream demand increases
- After Xinjiang cotton went on the market in 2020, the price of seed cotton has also risen to around 8 yuan/kg. Since the operating profits of most ginning enterprises increased sharply last year, as the time for new cotton to go on the market this year is approaching, the market’s focus ha
- Aug 27, 2021
- 30-35 percent of Vietnam’s textile-garment operations on hold due to COVID-19
- Around 30-35 percent of textile and garment factories in Vietnam have closed due to the COVID-19 pandemic, according to the Vietnam Textile and Apparel Association (VITAS). VITAS chairman Vu Duc Giang recently told an online meeting that a number of these factories, especially small and me
- Aug 26, 2021
|
