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  • 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
  • Texworld Apparel Sourcing Paris returns for its 57th edition from September 15–17, 2025 at Paris–Le Bourget with 1,300 exhibitors from 35+ countries, offering Europe's largest textile and apparel sourcing platform. Highlights include Avantex's sustainable innovations, national pavilions, Initiatives zone, trend forums, Bio Fashion Innovation Day, and guided Econogy Tour. Texworld Apparel Sourcing Paris returns for its 57th edition at the Paris–Le Bourget Exhibition Centre from
  • China's manufacturing sector returned to growth in August, with the PMI rising to 50.5, its highest in five months, as per RatingDog and S&P Global. Output and new orders expanded, driven by firmer domestic demand, while export declines eased. Purchasing and inventories rose, though firms shed staff for a fifth month. Input costs climbed at the fastest pace in nine months. China’s manufacturing sector strengthened midway through the third quarter as operating conditions improved, acco
  • Nigeria and Brazil recently signed an MoU in science, technology and innovation to strengthen biotechnology cooperation to boost sustainability, traceability and productivity of cotton cultivation in Nigeria. Nigeria will leverage Brazil's experience in crop circle optimisation, pest resistant technologies and seed performance trails, and also access Brazilian Cotton Association's research data. Nigeria and Brazil recently signed a memorandum of understanding (MoU) in science, technology and in
  • The India-European Free Trade Association FTA will come into force from October 1 and have legally binding provisions on trade and sustainable development, Switzerland has said. The pact was signed on March 10 last year. India has received an investment commitment of $100 billion in 15 years from the grouping under the agreement, while the former will allow several products at lower or zero duties. The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Ass
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