Textile Market News

Pakistan's textile industry is on the verge of collapse due to high production costs, according to the Pakistan Yarn Merchants Association (PYMA).

China's polyester filament yarn (PFY) prices dropped for the first time in two months due to a combination of factors.

The Better Cotton Council (BCC), the world's largest sustainable cotton initiative, has appointed new leaders.

The domestic cotton spinning sector is poised for a comeback in the financial year 2025, with an expected growth rate of 6-8 per cent, says a recent report by ICRA.

Ludhiana's Rajya Sabha MP, Sanjeev Arora, expressed strong discontent over the latest Budget. He highlighted the government's neglect of the textile industry, emphasizing that the sector's expectations for duty reductions on imported raw cotton and polyester fiber were ignored. This decision has left the textile industry, already facing significant challenges, disheartened and concerned about future growth and employment.

Better Cotton, the leading sustainable cotton initiative, joins forces with impact investment firm FS Impact Finance to create a new fund for small cotton farms.

In a bid to bolster tax revenue and ensure transparency in the cotton industry, the Pakistani government has announced plans to implement a Track and Trace System (TTS).

A recent bilateral trade agreement has significantly boosted Australian exports of wool and cotton to India. With the removal of tariffs, wool exports increased by 24 per cent.

At Milano Unica l in Milan on July 10, the European Cotton Alliance (ECA) introduced EU cotton, a new initiative aimed at showcasing the quality and sustainability of European cotton.

India, a powerhouse in cotton production and consumption, is launching a program to empower its vulnerable cotton farmers, particularly smallholders and migrant workers.

Responsible Sourcing Network (RSN), a US non-profit, launched a publicly available list of suppliers participating in their Yarn Ethically & Sustainably Sourced (YESS) initiative.

A drop in the area under cotton cultivation in Punjab, Haryana and Rajasthan, has resulted in cotton candy prices growing 0.4 per cent to Rs 57,640.

Indian textile leader Sportking India joins forces with ATGC Biotech to launch the ‘San-Vardhan’ initiative, aiming to significantly increase cotton production.

The price of cotton candy in India rose slightly due to a decrease in cotton planting in northern states.

Chief Minister N Biren launched the 'Chief Minister's Yarn Scheme', aiming to provide yarn at reduced rates to weavers in Manipur.

Archroma, a leader in sustainable textile chemicals, is partnering Zydat to integrate Archroma's Color Atlas with Zydat's Vivid CLM color-matching platform.

Denim leader Isko brought its latest collections to Kingpins NYC on July 17 and 18 at Pier 36.