North Indian yarn market struggles, buoyed slightly by strong cotton

North India’s cotton yarn market remained under pressure due to Bangladesh’s import ban and concerns over US tariffs.
Despite weak demand, prices held steady, supported by strong cotton rates.
Export setbacks and limited domestic buying worsened the outlook, especially in Ludhiana and Panipat.
Meanwhile, cotton prices rose due to low arrivals and stronger ICE futures.Read More

21.04.2025Comments Off
Bangladesh to raise US trade barriers at WB-IMF spring meet sidelines

Bangladesh will raise trade barriers to its products in the US and urge the US for duty-free and preferential access on the sidelines of World Bank-IMF spring meet in Washington.
A government brief for the meeting says though over 82 per cent of US tariff lines is ‘zero tariff’, it doesn’t cover Bangladesh’s exports.
Dhaka may call for duty-free market access to its garments made from US cotton.Read More

21.04.2025Comments Off
AAFA warns of severe impact from USTR’s new shipping tariffs on China

American Apparel & Footwear Association (AAFA) has criticised the US Trade Representative’s move to impose phased fees on Chinese vessels and tariffs of 20 to 100 per cent on shipping equipment following a Section 301 probe.
AAFA, which testified against the plan, warns the measures will hurt US farmers, workers, and the wider economy by disrupting trade and raising consumer costs.Read More

21.04.2025Comments Off