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Latest data from the Office of Textiles and Apparel (OTEXA) of the U.S. Department of Commerce shows that U.S. imports of textiles and apparel reached $104.053 billion in 2025, a slight year-on-year decrease of 3.34%. Among them, Vietnam surpassed China for the first time to become the largest apparel supplier to the United States, with a market share of 17.71%, compared with China’s 16.96%. This milestone change marks a profound restructuring of the global apparel sourcing landscape, with
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As of March 30, 2026, the global acetone market has experienced "epic" price surges. The domestic benchmark price in China has soared to 7,512.50 yuan/ton, representing a sharp increase of 63.32% from the beginning of this month, reaching a nearly one-year high. The core drivers are directly linked to geopolitical turmoil in the Middle East and spiraling raw material costs, compounded by India's new anti-dumping policies. The entire acetone industry chain is undergoing severe turbulence, with up
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Affected by sustained weakness in global market demand, Sri Lanka's apparel exports experienced a significant decline in February 2026. According to preliminary data released by the Joint Apparel Association Forum (JAAF) of Sri Lanka, apparel export value fell by 11.46% year-on-year to$361.2 million.
Among key export markets, the European Union saw the sharpest contraction, with export value plunging19.48%, while exports to the United Kingdom and the United States declined by5.67%and3.53%, res
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Although cotton futures prices appear to be stabilizing with modest gains, the Indian textile industry is actually facing severe challenges from soaring costs across raw materials, energy, and logistics. As geopolitical conflicts drive up energy and chemical prices, cotton's status as the industry's "safe haven" is rapidly crumbling, with major textile clusters such as Tiruppur and Surat already experiencing production cuts and shutdowns.
Rising Costs Across the Board:Affected by ongoing geopo
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Ahead of the summit scheduled for June 2026 aimed at promoting textile exports, the Indian Ministry of Textiles recently held a national consultation webinar with states and union territories to strengthen coordination between central and local governments and drive growth in the textile sector.
The webinar served as a preparatory event for the sectoral summit "Global Market for Textiles," scheduled for June. In her opening address, Union Textiles Secretary Neelam Shami Rao noted that although
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Kenyan President William Ruto recently announced in Nairobi that Kenya has completed negotiations and formally signed a bilateral trade agreement with China, marking a major breakthrough for the East African nation in expanding exports to China.
On March 24, Chinese Minister of Commerce Wang Wentao and Kenyan Cabinet Secretary for Investment, Trade, and Industry Lee Kinyanjui jointly signed theArrangement on the Early Harvest of the Agreement on Economic Partnership for Shared Development. Under
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A recent report indicates that although textile waste volumes in Europe are growing rapidly, collection and sorting face numerous constraints, directly limiting the development potential of textile-to-textile (T2T) recycling.
According to a joint report by Boston Consulting Group (BCG) and the European textile recycling alliance ReHubs, Europe generates approximately 15.2 million tons of textile waste annually, of which 13.3 million tons is post-consumer waste. However, current collection rates
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Persistent tensions in the Middle East have led to a sharp rise in energy prices, rapidly transmitting cost pressures down the polyester industrial chain.Since March, Brent crude prices have surged by 40%, driving naphtha prices up by more than 80%, while ethylene glycol (MEG) prices have also risen by as much as 40%.In contrast, cotton prices have remained relatively stable. Data from the National Bureau of Statistics shows that in mid-March, the price of cotton (lint cotton, white cotton grade
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Over the past week (as of March 24), the South Indian cotton yarn market showed a clear divergent trend. Tiruppur, the core hub of India's knitwear industry, saw continued upward momentum in cotton yarn prices, while the Mumbai market remained relatively stable.
According to Fibre2Fashion, cotton yarn prices in the Tiruppur market rose by INR 2–4 per kilogram, with combed yarn recording more significant gains than carded yarn. As of March 23, 30s combed cotton yarn was quoted at approximat
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On March 18, 2026, the production line for 100,000 tons of electronic glass fiber and 390 million meters of electronic fabric at China Jushi's Huaian Zero-Carbon Intelligent Manufacturing Base was successfully commissioned. This project is a crucial part of the world's first zero-carbon intelligent manufacturing base for glass fiber. It will supply high-end electronic information materials for emerging industries such as consumer electronics, 5G communications, and industrial control, thereby so