India’s share in global exports of cotton yarn shrunk 600 basis points to 23 percent in calendar year 2020 (CY2020) from 29 percent in CY2015, while in readymade garments (RMG), its share has stagnated at 3-4 percent over the past decade.
Lack of free trade agreements (FTAs
According to data released by the General Administration of Customs on July 13, China’s textile and apparel exports maintained steady growth in the first half of the year, up 3.3 percent and 11.9 percent respectively in RMB and USD terms from the same period last year, and also maintained
The dyeing and finishing workshop and grey fabric warehouse of Henan Shenma Dyeing and Printing Co., Ltd. with an annual output of 80,000 tons of chemical fiber dyeing and printing project is expected to be completed by mid-August.
The chemical fiber dyeing and printing proj
The Department of Commerce’s Office of Textiles and Apparel reports that monthly imports of cotton, wool, manmade fiber, silk blend, and non-cotton vegetable fiber textile and apparel products totaled 7.49 billion square meter equivalents in May 2021, up 21.6 percent from April 2021 and 11
UK retail sales rose in June this year by 13.1 percent year on two years (Yo2Y) against a decline of 1.3 percent in June 2019 year-on-year (YoY). This is above the three-month average growth of 10.4 percent (Yo2Y), according to the British Retail Consortium (BRC). The sales increased by 17
Recently, fabric enterprises are facing severe challenges.
The upstream raw material prices continue to climb, viscose fiber, polyester yarn, spandex, nylon, dye prices have risen substantially. Among them, the price of 40D spandex has increased to more than 70,000 yuan/ton,