Textile Market News

The US wool market is projected to reach $ 555.6 million by 2032, growing at a CAGR of 4.1 per cent from 2025.

At the 2025 International Yarn Exhibition (Yarn Expo Spring) held in Shanghai from March 11-13, Sateri showcased its latest range of eco-friendly fiber innovations.

Bangladesh Textile Mills Association (BTMA) President Showkat Aziz Russell said that reducing Indian yarn imports to 50 per cent could create 500,000 new jobs in Bangladesh.

Egypt’s minister of investment and foreign trade, Hassan El-Khatib, met Eric Trachtenberg, Executive Director of the International Cotton Advisory Committee (ICAC), to explore stronger collaboration in the cotton sector and support the country’s spinning and weaving industry.

Once known as Punjab’s ‘Cotton Capital,’ Bathinda is witnessing a major shift as cotton cultivation fell to just 14,500 hectares in 2024, down from 1.5 lakh hectares in 2019.

ICE cotton futures reversed their upward momentum, settling lower due to a stronger US dollar and favorable weather in key cotton-growing regions of the US.

Weavers in Palladam and Erode, Tamil Nadu, are hopeful about a drop in rayon yarn prices, which could fall by Rs 8 to Rs 10 per kg thanks to Chinese imports.

Cotton futures increased to their highest level of 2025, boosted by positive trade discussions between the US and India, alongside an optimistic economic outlook.

Filatex India Ltd posted a 19 per cent rise in net profit to Rs 41 crore (approximately $4.8 million) for the quarter ended March 31, 2025, up from Rs 35 crore in the same period last year.

Hyosung TNC, a leading textile company, has joined forces with Musinsa, Korea’s largest fashion retail platform, to promote its eco-friendly Regen fiber across the fashion industry.

The 64th edition of Filo - the International Exhibition of Yarns and Fibers is set to take place on September 23-24, 2025 at Fiera Milano Rho, Pavilion 14.

India's first PM MITRA Park will be established in Madhya Pradesh with a Rs 2,100 crore central allocation, marking a major step in strengthening the country’s textile infrastructure.

Vietnam’s PM Phạm Minh Chính has urged Swedish textile recycling group SYRE to invest in Vietnam’s green textile sector, during a meeting with SYRE chair Susanna Campbell and Swedish ambassador Johan Ndisi.

Pakistan is preparing to increase imports of cotton from the US in a bid to reduce its bilateral trade surplus and avoid potential tariffs, according to sources familiar with the matter.

The International Wool Textile Organisation (IWTO) has urged global wool stakeholders to support a new petition launched by Make the Label Count (MTLC), calling on the European Commission to ensure natural fibres like wool are treated fairly in future sustainability policies.

The PHD Chamber of Commerce and Industry (PHDCCI) recently hosted a high-level Conference titled ‘The Future of Textiles: Challenges and Opportunities in Man-Made Fibres at PHD House, New Delhi, spotlighting India's roadmap to boost its man-made fibre (MMF) sector critical for strengthening the country’s yarn and textile value chain.

Pallipalayam in Tamil Nadu, a major hub for viscose spun yarn (VSY), is under stress as Chinese dumping floods the market amid the ongoing US-China trade war.