Mali Textile Company enters substantial restart phase
The Mali News Network reported on May 18, 2023 that the Malian Minister of Industry and Trade informed the cabinet meeting held on May 17 that the Malian Textile Company (COMATEX-SA, commonly known as Ségou Tex…
Cotton yarn prices in southern India bearish but market sentiment remains positive
Foreign news on May 19th, the price of cotton yarn in the Tirupur market of Tamil Nadu, India fell by 2-5 rupees per kilogram, but the price of cotton yarn in the Mumbai market remained stable. As the rise in I…
Sri Lanka’s garment industry exports face challenges
Sri Lanka’s “Daily Financial Times” reported on May 22 that Sri Lanka’s garment industry exports are facing severe challenges. Sri Lanka’s garment industry exports in April were US…
Indonesia continues to implement safeguard measures on imported curtains
On May 22, 2023, the WTO Safeguards Committee released the safeguard notification submitted to it by the Indonesian delegation on May 19. On May 5, 2023, the Indonesian Ministry of Finance issued Order No. 45 o…
Indonesia continues to implement safeguard measures on imported yarn
On May 22, 2023, the WTO Safeguards Committee released the safeguard notification submitted to it by the Indonesian delegation on May 19. On May 5, 2023, the Indonesian Ministry of Finance issued Order No. 46 o…
Falling polyester prices spark decline in cotton yarn prices in northern India
Foreign news on May 22, affected by falling demand, cotton yarn prices in northern India continued to decline. Falling prices for polyester fiber and its raw materials have also weighed on the cotton value chai…
EU makes second anti-dumping review final ruling on Chinese polyester high-strength yarn
On May 12, 2023, the European Commission issued an announcement stating that it would conduct a second anti-dumping sunset review of high tenacity yarns originating in China. The final ruling is that if the ant…
Cotton yarn prices fall in southern India, textile mills worry about sluggish demand
Foreign news on May 23, cotton yarn prices in southern India fell further. Major markets like Tirupur and Mumbai experienced a sharp drop in demand. This situation has raised concerns about huge losses in spinn…
Indian polyester-cotton yarn prices fall due to weak demand
Foreign news reported on May 24 that the prices of polyester staple fiber and polyester-cotton yarn in India continued to decline. This was mainly affected by falling raw material prices and weak demand in the …
Jordan’s economic modernization vision will effectively promote textile exports
Petra News Agency reported on May 21: Ehab Qadri, representative of the textile and leather industry of the Jordan Chamber of Commerce and Industry (JCI), said that Jordan’s Economic Modernization Vision (EMV) …