
High cotton prices erode textile industry profits
Foreign news on June 22 was that the double blow of increased freight costs and rising inflation caused the price of cotton in India to rise by more than 30%, from 35,829 rupees per bale to 46,700 rupees. Analy…

Vietnam’s textile and garment industry exports are improving but still face many challenges
Vietnam’s “Vietnam+” reported on June 22 that the Vietnam Textile and Apparel Association and the U.S. International Cotton Association (US.Cotton) jointly held a sustainable cotton supply cha…

/Myanmar’s garment exports exceeded US$100 million in the first quarter of the fiscal year
Global New Light of Myanmar reported that according to statistics from the Ministry of Planning and Finance, exports of ready-made garments exceeded US$1.174 billion in the second quarter of the 2021/22 fiscal …

India exports 10,000 tons of cotton yarn
In April, India exported 72,600 tons of cotton yarn (under HS: 5205), a month-on-month decrease of 23.74% and a year-on-year decrease of 18.60%. In the 2021/22 fiscal year (August-April) India Exports of cotton…

Internal and external cotton yarn hangs upside down and expands, cotton yarn at the port is closed and reluctant to sell
According to feedback from cotton trading companies and weaving mills in Guangdong, Jiangsu, Zhejiang and other places, although domestic and foreign cotton futures have fallen violently since mid-June, domesti…

U.S. recalls Chinese-made children’s robes
On June 23, 2022, the US CPSC announced a recall of Chinese-made children’s robes. The recalled product is AMemoryIn children’s robe. The product is made of 100% polyester, is pink in color, has two…

Iran’s clothing inflation rate is close to %
According to the “Financial Tribune” report on June 29, according to data from the Iranian Statistical Center, the third month of the current fiscal year in the Iranian calendar (May 22 to June 21) …

Thailand’s textile exports increased by .% in the first quarter
According to the Thai media on June 29, the Department of Industrial Promotion of the Ministry of Industry of Thailand stated that Thailand’s textile exports continued to grow, and the export value increased by…

EU launches anti-dumping midterm review investigation into Chinese polyester high-strength yarn
On June 30, 2022, the European Commission issued an announcement stating that in response to the European Manmade Fibers Association (the CIRFS – European ManmadeFibres Association)’s announcement o…