ICE cotton futures continued to decline due to weak crude oil prices and favourable weather, despite a weaker dollar limiting losses. December contract settled at 69.44...
2024-10-31read more >
The US logistics manager's index was 56.4 in August, down slightly from July's 56.5. The overall index has increased for nine months in a row. August inventory levels—up...
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In July 2024, industrial producer prices rose 0.8 per cent in both the euro area and EU compared to June, but fell 2.1 per cent and 1.9 per cent year-over-year, respectively....
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In July, the OECD's YoY inflation rate fell slightly to 5.4 per cent, with diverse trends across countries. Energy inflation rose to its highest since February 2023, while...
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Southeast Asian nations remained resilient and delivered credible economic performance in Q2 2024, offering hope economic growth will continue there, McKinsey said. Growth...
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US textile and apparel imports decreased by 2.37 per cent to $59.757 billion in January-July 2024, compared to the same period in 2023. Apparel imports fell by 4.65 per cent, while non-apparel imports
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India, a leading cotton yarn producer, is witnessing cotton price fluctuations due to several factors. Recent geopolitical issues, mainly in Bangladesh, declining global demand and local supply constraints
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The State Bank of India (SBI) believes that India's GDP growth for FY25 will be a tad lower than the Reserve Bank of India's estimate and 7 per cent growth looks more reasonable....
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Australia's GDP increased 0.2 per cent in Q2 2024 and 1.5 per cent for FY 2023-24. However, GDP per capita fell 0.4 per cent, marking six consecutive quarters of decline....
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Evonik has upgraded ROHACELL foam production at its Darmstadt site to run entirely on renewable energy. This move supports Evonik's goal of providing more sustainable solutions...
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CollTech Group announced an exclusive distribution agreement with Pidilite Industries in India. Pidilite will distribute CollTech's high-performance adhesives and thermal...
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Global goods trade continued to recover in the third quarter (Q3) of 2024 after demand for traded goods stalled last year amid high inflation and rising interest rates, the...
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Race Eco Chain and Ganesha Ecosphere will form a joint venture, Ganesha Recycling Chain, to establish PET bottle washing lines across India. Race Eco Chain will hold 51...
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Cotton yarn prices in south India showed mixed trends, with Tiruppur witnessing a rise of ₹3-4 per kg due to increased export inquiries and cotton price surges, while Mumbai prices remained unchanged due
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Large-scale and mini logistics parks can now be set up in Kerala with basic infrastructure components like cargo handling, inter-modal transfer facilities and internal road...
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JIAM 2024 OSAKA, expanding into non-apparel sectors, will showcase global innovations in sewing and cutting machinery, textile technologies, and automation from 27-30 November...
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Drewry World Container Index (WCI) fell by 7.83 per cent to $4,775 per 40ft container in early September. Freight rates have consistently eased after peaking in 2021, with...
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PPG launched its PPG Steelguard 951 epoxy intumescent fire protection coating in the Americas. Ideal for advanced manufacturing facilities, it offers up to four hours of...
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Economic activity grew slightly in three out of 12 Federal Reserve districts, while the number of districts reporting flat or declining activity rose from five in the prior...
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Honeywell Automation India delivered and commissioned a microgrid Battery Energy Storage System (BESS) for SECI's Lakshadweep Islands project. This first-of-its-kind system...
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The US Census Bureau reported a 5.0 per cent increase in new orders for manufactured goods in July, reaching $592.1 billion after two months of decline. Shipments rose 0.9...
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Westlake Global Compounds and Westlake Dimex have launched
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For the 2024-25 season, US Upland cotton net sales reached 207,500 RB, with key buyers including Pakistan, India, Turkiye, Costa Rica and Vietnam. Reductions were reported...
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ICE cotton futures saw steep declines, erasing previous session gains, with US cotton nearing new lows due to pressure from falling stocks, crude oil, and grain markets. US...
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Turkiye aims at attaining a GDP growth of 3.5 per cent next year, 4.5 per cent in 2026 and 5 per cent in 2027 on the back of economic reforms and structural adjustments, according...
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