Textile Market News

Davifil introduced Cotone Biolana OE, an innovative recycled yarn, at Filo 63. Designed for the Fall/Winter 2026-27 season, this eco-friendly yarn aligns with Davifil’s commitment to sustainability by utilizing 100 per cent recycled materials.

China’s cotton yarn market is set for moderate growth over the next decade, with consumption projected to reach 7.7 million tons and a market value of $33 billion by 2035. The market is expected to expand at a CAGR of 0.4 per cent in volume and 0.7 per cent in value from 2024 to 2035.

Better Cotton has renewed its Strategic Partnership with Cotton Australia, the official body for the country’s cotton growers, extending their collaboration until 2027.

The Australian wool market maintained its upward momentum, with most wool types recording price increases. Strong competition in the Merino fleece sector drove up gains by 15 to 30 cents per clean kg, while crossbred and carding wool prices remained stable. The highest price points were reached at the close of sales.

Rudra Ecovation's shares declined 2.03 per cent to Rs 41.97 after the company announced the resignation of its Chief Financial Officer (CFO), Sebestian Joseph, with immediate effect.

The US cotton lint market is projected to grow at a CAGR of +2.7 per cent in volume and +4.2 per cent in value from 2024 to 2035, reaching 9.9 million tons and $30.6 billion, respectively.

Turkey’s textile and raw materials exports increased by 5 per cent in January 2025, reaching $986 million, according to the Istanbul Textile and Raw Materials Exporters Association (ITHIB).

RSWM Ltd, part of the LNJ Bhilwara Group, has named Kamal Kishore Mittal as the CEO and Business Head for its Cotton Yarn and R Value (Trading Business) division.

South Africa's greasy wool exports declined 7.2 per cent in 2024, falling to 47,000 tons. Despite this drop, exports have shown a mild overall increase over the years.

Starting in 2003 as a ginning and pressing unit, India’s Sanskar Agro has grown into a global textile leader.

The Indian Chamber of Food and Agriculture (ICFA) and the International Cotton Advisory Committee (ICAC) have pledged support for India's Rs 500 crore, National Mission on Cotton to boost productivity, sustainability, and global competitiveness.

Bangladesh’s textile industry has accused Indian millers of dumping yarn and fabric at artificially low prices, calling it a ‘conspiracy’ to undermine local production.

India’s textile industry, one of the world’s largest, faces mounting challenges despite its vast value chain from cotton farming to apparel manufacturing.

Despite global challenges in 2024, India’s yarn industry showed resilience, driven by growing demand and investments in automation.

Viscose yarn prices in India have increased due to ongoing supply shortages and a weakening rupee, adding pressure on manufacturers in key textile hubs like Mumbai and Surat.

Scientists have developed a smart fabric that absorbs sunlight and converts it into heat, raising temperatures by over 54°F (30°C) in just 10 minutes.

Birla Cellulose, the viscose staple fibre business of Aditya Birla Group, is set to develop graphene-reinforced viscose fibres for textiles.

Egypt is transforming its textile sector through a $1.1 billion modernization program aimed at revitalizing state-owned factories, primarily in al-Mahala al-Kobra, the country’s historic textile hub.