Insights ICE cotton futures rebounded on Monday as a weaker US dollar and firmer crude oil supported buying. December 2025 cotton closed at 66.21 cents per pound, up 0.18 cent, while open interest rose for the 40th time in 47 sessions. USDA rated crop quality at 54 per cent, with harvest progress at 8 per cent. Overseas buyers continued preferring Brazilian and Australian cotton. ICE cotton futures bounced back on Monday, closing higher as US cotton gained support from a weaker dollar and str

Italy's retail sales stagnated in July 2025, with values flat and volumes down 0.2 per cent from June. In the three months to July, sales edged up 0.6 per cent in value and 0.1 per cent in volume, as inflation dampened demand. Year-on-year, sales rose 1.8 per cent in value but stayed flat in volume. Large-scale retail grew 2.8 per cent, e-commerce 2.9 per cent, while non-food trends were mixed. Italy’s retail sector showed signs of stagnation in July 2025 as seasonally adjusted sales stay

US textile and apparel imports from India rose 11.4 per cent in January–Jul 2025 to $6.22 billion, trailing Vietnam's 17.7 per cent and Bangladesh's 21.1 per cent growth, CITI data shows. In July, imports from India were up 9.1 per cent, while Vietnam and Bangladesh maintained stronger momentum. China's shipments fell 19.9 per cent, reflecting shifting sourcing trends. US textile and apparel imports from India grew more slowly than from Vietnam and Bangladesh during January–July 202

The European Parliament is set to approve new rules to cut textile waste in the EU, introducing extended producer responsibility schemes obliging manufacturers to manage collection, sorting, reuse, and recycling. The EU produces 12.6 million tonnes of textile waste yearly, with clothing and footwear making up 5.2 million tonnes, while less than 1 per cent of textiles are recycled globally. The European Parliament is expected on Tuesday to give its final approval to updated EU waste legislation

India's cotton procurement is set to hit a record 140 lakh bales in the upcoming marketing season 2025–26, which would be about 40 per cent higher than the current season, as higher MSP and duty-free imports make domestic cotton less competitive. Lower sowing area may trim output, but government buying through CCI will surge, with cheaper imports keeping market prices subdued. India’s cotton sowing area has slightly declined this season, but the country is poised to purchase a recor

Vietnam's industrial production index (IIP) for August is estimated to have increased by 2.2 per cent month on month (MoM) and by 8.9 per cent YoY. The IIP for the manufacturing sector increased by 9.5 per cent YoY, while that for electricity production and distribution increased YoY by 6.1 per cent. The index increased MoM in Ho Chi Minh City and five provinces, while it dropped in two provinces. Vietnam’s industrial production index (IIP) for August is estimated to have increased by 2.2

On September 5th, the 7th Carbon Fiber Composite Material Industry Innovation and Development Conference was held in Keqiao. Experts, scholars, and enterprise representatives from the domestic composite material industry gathered together to discuss the development trends, technological innovation and application prospects of the carbon fiber composite material industry, so as to contribute to the high-quality development of China's carbon fiber composite material industry. Zhao Junshan, Presi

Australian wool auctions recorded another strong week, with most Merino wools up 2 per cent and crossbred types surging 6 per cent on strong competition. The Eastern Market Indicator rose 2.4 per cent, reaching its highest close since May 2023. Traders noted improving sentiment and highlighted tightening supply as mills lag behind in purchasing. Just over 28,000 bales are scheduled for sale next week. Another successful week at Australian wool auctions for wool growers. All types and descriptio

Fifteen companies recently proposed investments worth ₹125.08 billion (~$1.419 billion) in the textile sector in India's Madhya Pradesh state. The companies expressed interest in investing in the PM MITRA Park being developed near Badnawar in Dhar district. A detailed plan worth ₹20 billion has been prepared for the park, and environmental clearance has already been secured. Fifteen companies recently proposed investments worth ₹125.08 billion (~$1.419 billion) in the textile sector in India&rs

Though Canadian PM Mark Carney recently said he had a lengthy and productive conversation with US President Donald Trump on August 1, his words suggested it is unlikely American tariffs on imports from his country will be lifted in anytime soon. Carney said a senior team of his government officials was in Washington for the latest round of talks on trade, while making clear progress would not be quick. Though Canadian Prime Minister Mark Carney recently said he had a lengthy and productive conv