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South Indian cotton yarn prices hold steady amid weak demand

Cotton yarn prices in south India remained steady amid sluggish domestic demand and geopolitical tensions between India and Pakistan.
Export demand stayed weak, while production cuts at looms and labour shortages further impacted trade.
Despite rising cotton prices, discounts were offered to attract buyers.
In Gujarat, cotton arrivals were limited, and CCI’s higher rates slowed trade.Read More

25.04.2025Comments Off
Eswatini University media graduate Bongiwe Mabuza paying back a 100-year loan under Government Scholarship Recovery Fund, employed by low paying textile company amid scarcity of jobs.

… by the low paying textile manufacturing industry, Mabuza is … deductions from graduates who are textile workers, as illegal and … unreasonable adding that, textile workers are not earning living … deductions.
“Working in the textile industry is like an …Read More

25.04.2025Comments Off
US Upland cotton export down 49%, Pima up 31% this week: USDA

US Upland cotton net sales dropped 49 per cent to 104,000 bales for the week ending April 17, 2025, with notable reductions from key buyers.
Shipments also declined by 11 per cent.
In contrast, Pima cotton sales rose significantly week-on-week to 5,800 bales, although still 31 per cent below the four-week average.
Exports of Pima surged 41 per cent, led by strong demand from India and Peru.Read More

25.04.2025Comments Off
Drewry WCI falls 1.59% as tariffs weaken shipping demand

Drewry WCI dropped 1.59 per cent to $2,157 per FEU on April 24, reflecting reduced demand due to global tariff tensions.
Despite being 79 per cent below its 2021 pandemic peak, it remains 52 per cent above 2019 levels.
Major trade routes saw rate declines, while some remained stable.
Drewry anticipates further rate drops amid continued trade uncertainty and reciprocal tariffs.Read More

25.04.2025Comments Off