INSIGHTS ICE cotton futures rose slightly as a weaker US dollar, higher CBOT grains, and crude oil prices supported trade. The March 2025 contract settled at 67.77 cents/lb, up 0.27 cents, while inventory dropped sharply to 218 bales. Crude oil surged on lower US inventories and Russia sanctions. Traders await Friday's USDA report for supply-demand insights, with the market still fragile. ICE cotton futures recovered on a weaker US dollar, stronger CBOT grains, and rising crude oil prices. Ga

INSIGHTS ICE cotton futures rose Tuesday as a weaker US dollar boosted overseas demand. March 2025 settled at 67.66 cents, with a high of 68.30 cents, while other contracts showed mixed trends. Trading volume dropped to 43,816 contracts. Grain market gains supported cotton, though weak demand and trade policy tensions kept prices range-bound between 65-69 cents. ICE cotton futures gained on Tuesday following a fall in the US dollar index and gains in the grain market. A declining trend in the

INSIGHTS Adidas has reported Q4 2024 revenue of €5,965 million (~$6,215.5 million), up 24 per cent YoY, with currency-neutral growth of 19 per cent. Gross margin rose to 49.8 per cent, and operating profit reached €57 million (~$59.42 million). Full-year revenue grew 12 per cent currency-neutral to €23,683 million, with operating profit up €1 billion to €1,337 million. Adidas, a German athletic apparel and footwear company, has generated a revenue of €5,965 milli

INSIGHTS The Q4 2024 Economic Experts Survey forecasts a global inflation rate of 3.9 per cent for 2025. With an average expected inflation rate of 3.5 per cent for 2026, expectations globally are 0.4 percentage points (pp) lower compared to expectations for 2025. In the long term up to 2028, inflation expectations are at 3.5 per cent, a slight decrease compared with the previous quarter (3.6 per cent). The global average inflation rate for 2025 is projected to be 3.9 per cent, according to t

INSIGHTS The global cotton sector may face challenges in 2025 as production outpaces demand. Brazil led 2024 exports, shipping a record 2.77 million tons, driven by significant Chinese imports. High stocks and limited demand could pressure prices, though a stronger dollar may aid exports. USDA projects a 3.9 per cent rise in global supply for 2024/25, with consumption up 1.3 per cent. The global cotton sector may face notable challenges in 2025, as production continues to rise faster than d

INSIGHTS China's GDP expanded by 5.4 per cent YoY in Q4 2024, while its value-added industrial output went up by 5.8 per cent YoY in the year, according to official statistics. On a quarterly basis, the Chinese economy increased by 1.6 per cent during the quarter. In December, the country's industrial output grew by 6.2 per cent YoY and by 0.64 per cent month on month. China's gross domestic product (GDP) expanded by 5.4 per cent year on year (YoY) in the fourth quarter (Q4) last year, while

INSIGHTS Li Ning Company Limited has been named the official sportswear partner for China's Olympic delegation from 2025 to 2028. After serving in this role from 1992 to 2004, Li Ning reaffirms its commitment to supporting Chinese athletes and promoting sportsmanship. Founder Li Ning expressed honour and dedication to inspiring active lifestyles and fostering Olympic pride. The Shanghai United Assets and Equity Exchange announced that Li Ning Company Limited (“Li Ning” or the "Com

INSIGHTS The USDA's January 2025 WASDE report projects global cotton production rising 1.75 per cent to 119.45 million bales, driven by larger crops in China, Australia, and the US. Consumption increases in Bangladesh and Vietnam offset declines in Türkiye, while exports grow for Brazil, Australia, and India. US production rises to 14.4 million bales, but exports drop to 11 million. Unites States Department of Agriculture (USDA) has increased global cotton production projection by 1.75 p

INSIGHTS ICE cotton futures recovered as stronger crude oil boosted cotton's appeal. Crude oil price rises increased polyester production costs, favouring cotton. However, the rising US dollar capped cotton price growth. The trading volume surged, and ICE deliverable stocks remained unchanged. The ICAC adjusted global cotton production estimates, while USDA delayed its reports. ICE cotton futures recovered from itslows as stronger crude oil increased the appeal of cotton fibre. Expensive crud

INSIGHTS Total global air cargo demand, measured in cargo tonne-kilometers, rose by 8.2 per cent YoY in November 2024—a sixteenth consecutive month of growth, the International Air Transport Association said. The growth was 9.5 per cent YoY for international operations. Capacity, measured in available CTK, rose by 4.6 per cent YoY in the month; the growth was 6.5 per cent YoY for international operations. Total global air cargo demand, measured in cargo tonne-kilometers (CTK), rose by 8