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India's Directorate General of Trade Remedies (DGTR) has recently released its investigation findings, concluding that imports of textured elastane yarn (spandex) from China and Vietnam are being dumped at low prices, causing material injury to the domestic industry. Based on this, the DGTR has officially recommended imposing an anti-dumping duty of up to$2 per kilogramon these imports to cushion the margin pressure faced by domestic manufacturers.
The investigation, initiated in 2024, covered
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According to the latest data released by the Australian Wool Exchange (AWEX) and Australian Wool Innovation (AWI), the Australian wool market experienced high-level fluctuations during the week ending March 19 (Week 37). After the Eastern Market Indicator (EMI) hit a high of 1783 Australian cents per 100 kilograms, it saw a slight correction by the weekend, settling around 1770 Australian cents.
Regarding price trends,the market showed a pattern of "rising first then falling" this week. The Sy
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To mitigate the impact of ongoing turmoil in the Middle East on trade, the Indian government officially launched a targeted export promotion measure titled "RELIEF" on March 19. Officially named the "Export Promotion Resilience and Logistics Intervention Facilitation," the program aims to support exporters facing abnormal freight cost increases, soaring insurance premium rates, and war-related export risks due to regional conflicts.
The program has approved a fund of Rs 4.97 billion (approximate
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The LYCRA Company, a global giant in spandex production, has recently filed for a pre-arranged Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. The move aims to reduce its long-term debt by approximately $1.2 billion through financial restructuring and establish a sustainable capital structure.
The restructuring has garnered support from a vast majority of its creditors. According to a company release, the reorganization is expected to be complete
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The Office of the United States Trade Representative (USTR) has recently launched two Section 301 investigations, marking a shift in U.S. trade policy towards China from temporary, blanket tariffs to targeted pressure on specific countries. This development poses an imminent risk of reshaping the global textile and apparel supply chain's sourcing landscape.
Between March 11 and 12 local time, the USTR initiated two Section 301 investigations against multiple major trading partners, including C
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Rising geopolitical tensions in the Gulf region and the blockade of the Strait of Hormuz are causing a sharp increase in global energy costs, sending shockwaves through the textile and garment industry chain and amplifying market uncertainty. According to supply chain experts cited by the Shanghai Shipping Exchange, the global polyester chain begins with petrochemicals. Any disruption in the supply of raw materials such as naphtha, Purified Terephthalic Acid (PTA), or Monoethylene Glycol (MEG) c
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Over the past week, the South Indian cotton yarn market continued its upward trend, driven by robust export demand. Yarn prices were revised upwards in the major textile hubs of Tiruppur and Mumbai. Market analysts attribute the rise to the depreciating Rupee, which has created favorable conditions for Indian cotton yarn exports, encouraging mills to prioritize the more profitable overseas markets and leading to tighter domestic supply.
In the Tiruppur market, combed yarn saw steeper price incre
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The "2026 Global Textile and Apparel Supply Chain Cooperation Conference" will take place onMarch 30, 2026in Huaqiao, Kunshan, Jiangsu Province. Centered on the theme"Smart Chain Connecting the World, Co-creating the Future – Building a Resilient and Sustainable Textile and Apparel Supply Chain Ecosystem,"the conference will bring together leading industry enterprises, experts, scholars, and representatives from business associations both domestically and internationally to explore collabo
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DHAKA – Bangladesh is considering attracting increased industrial investment from India and China to revitalize its economy, according to Dr. Mashiur Rahman, Adviser to the interim government on power, energy, and mineral resources. The move aims to inject new vitality into the economy by expanding production capacity, creating jobs, and boosting revenue.
Following separate meetings with the Indian High Commissioner and the Chinese Ambassador, Dr. Rahman stated that Dhaka is re-evaluating
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The recent escalation of geopolitical conflicts in the Middle East has significantly impacted China's textile industry, creating enormous pressure from raw material costs to export logistics.
On the raw material front, chemical fiber prices closely linked to petroleum have experienced sharp fluctuations due to the surge in international oil prices. In Shaoxing Keqiao, a textile hub, polyester staple fiber quotes once jumped by over 2,000 yuan per ton in a single night, an increase of more than 2