India and Vietnam face textile industry unionisation challenges, with India's sector largely informal and only 5 per cent unionised compared to Vietnam's more formalised 85 per cent, with 29 per cent unionisation.
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In July 2024, UK clothing imports declined by 4.5 per cent year-on-year to £1.188 billion but rose from June's figures. Textile fabric and fibre imports saw modest year-on-year increases. In Q2 2024,
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The UK economy is gradually improving, with OECD projecting 1.1 per cent GDP growth in 2024 and 1.2 per cent in 2025. Inflation is easing, but core inflation remains high,...
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The global container shipping industry is facing challenges as leasing rates plateau with regional variations. Container Price Sentiment Index (xCPSI) dropped from 83 in...
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In July, US merchant wholesalers' sales rose to $671 billion, up 1.1 per cent from June and 2.9 per cent year-over-year. Inventories reached $903.5 billion, a 0.2 per cent...
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The 63rd Dornbirn Global Fiber Congress (GFC), held from September 11-13, 2024, in Austria, drew over 500 participants from 31 countries. The event featured 125 lectures...
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Dow has launched REVOLOOP Recycled Plastics Resins for cable jacketing, incorporating post-consumer recycled (PCR) material to support sustainability. This innovation prioritises...
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Intertextile Apparel Fair, held from 27-29 August, featured nearly 4,000 exhibitors from 26 countries, showcasing innovative and sustainable products for the Autumn/Winter...
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AkzoNobel's new Interpon D2525 Low-E powder coating offers improved durability and energy efficiency for architectural surfaces in extreme environments. Cured at lower temperatures,...
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Poland's export turnover in January-July this year at current prices was PLN 875.3 billion—a YoY drop of 8.8 per cent, while import turnover was PLN 859 billion—a YoY fall...
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Cotton market showed stability or slight increases over the past month. In the US, the NY/ICE futures contract stabilised between 67 and 71 cents per pound, while the A...
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China's value-added industrial output grew by 4.5 per cent YoY and 0.32 per cent month on month in August. In the first eight months this year, such output saw a stable...
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Cinte Techtextil China 2024, set for September 19-21 in Shanghai, will feature nearly 400 exhibitors across 38,000 sqm. The event will showcase technical textiles, nonwovens,...
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In July, industrial production declined by 0.3 per cent in the euro area and 0.1 per cent in the EU from June. Compared to July 2023, the euro area saw a 2.2 per cent drop,...
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The ITMF Annual Conference and IAF World Fashion Convention in Samarkand, Uzbekistan (Sept 8-10) highlighted the textile and apparel industries' interdependence. Over 350...
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Seasonally-adjusted Italian exports decreased by 0.5 per cent month on month (MoM) and increased by 6.8 per cent YoY in July, while imports increased by 1.1 per cent MoM and...
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In early September, Brazil's cotton prices fluctuated as domestic market liquidity remained limited, with sellers prioritising term contracts over spot sales. CEPEA/ESALQ...
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Hourly labour costs rose by 4.7 per cent YoY in the euro area and by 5.2 per cent YoY in the EU in Q2 2024. The highest increases in hourly wage costs for the whole economy...
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India's textile export-import analysis shows rising exports to the EU, North America, and Oceania, but declines with EFTA and Africa. The textile sector can bridge trade deficits by boosting man-made
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Trade turnover between Vietnam and the ASEAN was $54.9 billion during the first eight months of 2024—up by 12.5 per cent YoY, with the country posting a trade deficit of $5.6...
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The USDA has lowered India's cotton production forecast for the 2024-25 season to 30.72 million bales and reduced ending stocks to 12.38 million bales due to crop damage from...
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Thermax and Ceres Power Limited have entered a strategic global partnership to advance green hydrogen technology. Thermax will manufacture, sell, and service stack array...
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Fitch Ratings has affirmed Germany's long-term foreign-currency issuer default rating at 'AAA', with a stable outlook, reflecting its diversified, high value-added economy...
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Shin-Etsu Chemical developed the industry's first ST-OR Type heat-shrinkable silicone rubber tubing for busbar covering, offering high electrical insulation, heat resistance,...
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Cotton yarn prices in northern India remained stable despite weak demand and rising cotton costs in Delhi and Ludhiana. Buyers were hesitant to make new deals, though demand is expected to increase post-monsoon
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