Insights US Upland cotton export sales surged to 199,000 running bales for the week ending October 2, more than doubling the previous figure and exceeding the four-week average. Vietnam, Turkiye, India, Bangladesh and China led purchases, while shipments stayed firm at 137,000 bales. Pima sales dipped 4 per cent to 8,200 bales, with exports weakening to 4,800 bales, though demand remained above trend. US cotton export sales for the week ending October 2 recorded a sharp rebound in Upland cott

Insights ICE cotton futures remained largely stable, supported by a strong US weekly export sales report released after a shutdown-related delay. March 2026 futures closed slightly lower at 63.74 cents, while December 2025 guided the curve with reduced trading volumes. Net sales of 207,200 bales confirmed healthy demand. Analysts expect prices to hold and possibly move toward 67 cents. ICE cotton futures eased slightly but the movement was largely viewed as stable, supported by the USDA&rsquo

Insights Producer prices of German industrial products were 1.8 per cent lower YoY and 0.1 per cent higher month on month (MoM) in October this year, official statistical show. This was the eighth consecutive YoY decrease in producer prices. Lower energy prices continued to be the main reason for the YoY decline in producer prices. October energy prices were down by 7.5 per cent YoY and up by 0.4 per cent MoM. Producer prices of industrial products in Germany were 1.8 per cent lower year on y

Insights After the removal of QCOs on the MMF value chain, NITMA has urged the Indian government to correct the inverted duty structure on PSF and PSY under the revised AITIGA. PSF attracts 5.5 per cent duty, while PSY enters duty-free, making domestic mills uncompetitive. Imports have risen sharply, and NITMA says parity would revive capacity, boost jobs and support India's textile growth targets. Following the withdrawal of Quality Control Orders (QCOs) across the manmade fibre (MMF) value

Insights Bangladesh recently issued a gazette notification announcing a new ordinance amending the Labour Act, allowing trade unions to be formed with the consent of at least 20 workers. The law required the consent of 20 per cent of the total workforce to form a trade union earlier. While the Bangladesh Labour Foundation hailed the move, apparel and textile industry leaders rejected the ordinance. Bangladesh recently issued a gazette notification announcing a new ordinance amending the Labou

Insights Three major industry bodies in Bangladesh have called for urgent measures to protect the spinning industry, which could face a shutdown at any moment without swift intervention. This could lead to job losses and significant financial shocks to banks and financial institutions, and may also force the textile-apparel industry to rely heavily on imports, posing a serious threat to long-term competitiveness. Three major industry bodies in Bangladesh recently urged the government to take

Insights The latest WASDE report projects higher global cotton production, consumption, trade and stocks for 2025–26, with output rising to 120.08 million bales driven by gains in China, the US and Brazil. World trade and beginning stocks are also revised upward. For the US, production, exports and ending stocks increase, with the stocks-to-use ratio reaching 30.9 per cent. The world cotton outlook for 2025–26 shows higher production, consumption, trade and stocks in the November

INSIGHTS The Ministry of Textiles has approved 17 new applicants under Round 3 of the PLI Scheme, securing ₹2,374 crore (~$261.14 million) in investments with projected sales of ₹12,893 crore and 22,646 jobs. With an outlay of ₹10,683 crore, the scheme now has 74 approved applicants. Recent amendments have reopened applications until December 31, 2025. The Indian Ministry of Textiles has approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for Textiles in Round 3 of

INSIGHTS CITI has urged the RBI to include spinning, weaving and processing units under its Trade Relief Measures, citing a nearly 13 per cent drop in textile and apparel exports in October 2025. Chairman Ashwin Chandran said wider coverage would support struggling mills, protect jobs and aid India's goal of a $350 billion textile industry by 2030. The Confederation of Indian Textile Industry (CITI) has urged the Reserve Bank of India to add spinning, weaving and processing units also to th

INSIGHTS UC Merced researchers are developing composting methods for cotton textile waste to create sustainable, soil-enriching compost. In collaboration with Bowles Farming, Agromin, Fibershed, and Cotton Incorporated, the two-year project aims to recycle cotton waste, reduce landfill emissions, and promote a circular soil-to-soil system that supports agricultural sustainability and improved soil health. UC Merced researchers are collaborating on a two-year research project to develop effec