Textile Market News | Textile Trade Buddy

ICAC: Cotton review, traceability concerns

March 8, 2024| Posted in Textile Market News Admin 573

The latest edition of ICAC’s ‘Cotton: Review of the World Situation’ focuses on a critical topic: traceability legislation.

Punjab Dryers Association calls for action against fabric dumping from China

March 8, 2024| Posted in Textile Market News Admin 407

The Punjab Dryers Association (PDA), a prominent textile industry body, has urged the Indian government to take immediate steps to curb the import of allegedly undervalued fabrics from China.

De Minimis loophole threatens US textile industry revival

March 8, 2024| Posted in Textile Market News Admin 409

The American textile industry, a phoenix rising from the ashes of past trade deals like NAFTA, seems destined for yet another fiery trial.

Texhibition Istanbul: Shaping the future of textile industry

March 7, 2024| Posted in Textile Market News Admin 562

The Texhibition Istanbul Fabric, Yarn and Textile Accessories Fair returns for its fifth edition, bigger and better than ever before.

ColossusTex unveils revolutionary Graphene Yarn at Bharat Tex 2024

March 7, 2024| Posted in Textile Market News Admin 422

ColossusTex, a leader in the textile supply chain, showcased its commitment to innovation and sustainability at Bharat Tex 2024.

Accelerating Circularity & Performance Days launch rPolyester database

March 7, 2024| Posted in Textile Market News Admin 303

Accelerating Circularity, in collaboration with Performance Days, is set to unveil the Reality Zone rPolyester at Performance Days Functional Fabric Fair in Munich, Germany, on March 20–21, 2024.

Indorama India's spandex innovations revolutionize textile industry

March 6, 2024| Posted in Textile Market News Admin 548

At the Fiber & Yarn Exhibition in Mumbai, Nilesh Sevak, head of Domestic Sales, Indorama India (IIPL), emphasized the company's commitment to innovation, stating that it is deeply ingrained in their culture.

Indian cotton prices face flux amid demand surge

March 6, 2024| Posted in Textile Market News Admin 535

Indian cotton prices are expected to hover between Rs 7,500-8,000 per quintal throughout March, April, and May, driven by various factors.

Durak Tekstil unveils cutting-edge textile solutions at Texprocess 2024

March 6, 2024| Posted in Textile Market News Admin 470

Durak Tekstil is poised to unveil a plethora of innovative products at Texprocess 2024, showcasing their commitment to global market expansion.

Wool Denim: A sustainable athleisure revolution

March 5, 2024| Posted in Textile Market News Admin 469

Greek design studio Pepper Vally and German yarn producer Sudwolle are pushing the boundaries of denim with a collaborative collection of wool-based athleisure garments.

Suedwolle Group unveils ‘Activyarn’ at Filo

March 5, 2024| Posted in Textile Market News Admin 299

Suedwolle Group showcased its first seasonless collection, ‘Activyarn,’ at the 61st edition of Filo in Milan, Italy.

Indo Count, GIZ partner for sustainable cotton in India

March 5, 2024| Posted in Textile Market News Admin 320

Indo Count Industries (ICIL) launched Project ‘Avani’ in 2020-21 to promote organic cotton in Maharashtra.

Indonesian polyester factories on brink as raw material shortage bites

March 4, 2024| Posted in Textile Market News Admin 517

Indonesia's polyester industry is facing a major crisis, with numerous factories on the verge of shutting down due to a lack of essential raw materials. Reason: Stringent government import restrictions, causing a critical shortage of mono-ethylene glycol (MEG), a key ingredient in polyester production.

EU's circular textile strategy summit to be held on March 26

March 4, 2024| Posted in Textile Market News Admin 356

Centexbel, Creamoda, Euratex, and Fedustria will host the ‘EU Sustainable Textiles Summit’ during the Belgian EU Presidency on March 26, 2024.

Cotton price fluctuations threaten spinning and weaving industry

March 4, 2024| Posted in Textile Market News Admin 480

The Indian spinning and weaving industry faces a double-edged sword with current low cotton prices.

Reliance Industries unveils global expansion and eco-innovation at Bharat Tex 2024.

March 1, 2024| Posted in Textile Market News Admin 409

Reliance Industries (RIL) marked its presence at Bharat Tex 2024 by launching two key initiatives aimed at propelling the textile industry towards sustainability and global recognition.

Kraig Labs achieves key milestone in spider silk production.

March 1, 2024| Posted in Textile Market News Admin 429

Kraig Biocraft Laboratories (KBLB) announced a significant advancement in their quest to commercialize spider silk technology. They achieved homozygosity for the spider silk gene in both parents of their BAM 1 hybrid, a crucial step for efficient production.

China's cotton yarn imports from Pakistan rise in 2023.

March 1, 2024| Posted in Textile Market News Admin 679

China's imports of cotton yarn increased in 2023, with Pakistan and Uzbekistan being the major drivers of this growth. Imports from Pakistan reached a record high of $695 million, marking a significant increase of 46.7 per cent year-on-year.

EU's circular textile strategy summit to be held on March 26.

March 1, 2024| Posted in Textile Market News Admin 271

Centexbel, Creamoda, Euratex, and Fedustria will host the ‘EU Sustainable Textiles Summit’ during the Belgian EU Presidency on March 26, 2024. This event aims to bolster awareness of the European textile strategy among European and Belgian opinion leaders and policymakers,

Cotton price fluctuations threaten spinning and weaving industry.

March 1, 2024| Posted in Textile Market News Admin 463

The Indian spinning and weaving industry faces a double-edged sword with current low cotton prices. While these benefit farmers with higher exports, domestic mills stand to lose due to potential scarcity and rising cotton costs in the coming months.