Manufacturing Industry

ICE cotton declines and attitudes are not supported by the weak dollar

During yesterday’s trading session, ICE cotton continued its downward trajectory, with multiple contracts hitting multi-month lows. Buyers remained cautious and largely inactive despite the US dollar’s decline. The value of natural fiber declined even more as a result of declining crude oil prices. ICE cotton has experienced a notable decrease of almost 18% in the …

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Spinning tools can reduce microfibre release by altering the composition of the fiber

Researchers from the University of Leeds in the United Kingdom have shown that altering yarn spinning processes and the makeup of fibers can lessen the amount of microfibres released from textiles and their detrimental effects on the environment. A study group headed by Alice Hazlehurst, a PhD candidate in the university’s faculty of arts, humanities …

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Bangladeshi garment exports facing further difficulties due to the Iran-Israel confrontation

Shipments of clothing from Bangladesh are a source of concern due to the intensifying tensions between Iran and Israel. The ongoing crisis in the Red Sea and the Gaza conflict are already putting further stress on the world supply chain. Local apparel exporters worry that if the tensions escalate into a full-fledged conflict, operating expenses …

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In Q1 2024, the manufacturing sector in ASEAN grows: S&P International

S&P Global reports that as of the end of the first quarter (Q1) of 2024, the manufacturing sector within the Association of Southeast Asian Nations (ASEAN) was growing at an accelerated rate. The main S&P Global ASEAN manufacturing purchasing managers’ index (PMI) rose from 50.4 in February to 51.5 in March, indicating the strongest improvement …

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The Rajasthani government uses the EoDB to create the Export Promotion Policy for 2024

The government of Rajasthan has created a draft strategy to boost exports using digital infrastructure, quick clearances, and ease of doing business (EoDB). Government sources claim that the administration is seeking suggestions on the approach from industrialists, exporters, and trade associations. “Since the model code of conduct is now in force, the final policy will …

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Sourcery introduces a transparency solution for the value chain of cotton

Worldwide sourcing arrangement The Impact and Assurance initiative, which Sourcery has introduced, is supposed to provide transparent and traceable primary data collecting along the cotton value chain. Sourcery claims that its transparency effort gives the cotton value chain access to primary data that is pertinent to a particular place and has been independently verified. It …

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Garment Mantra Lifestyle Ltd. is establishing a Surat wholesale hub

According to a statement made by Garment Mantra Lifestyle Ltd, the Garment Mantra group plans to open a wholesale centre in Surat, Gujarat, to serve clients from the western, northern, and central regions of the nation. To maintain its position in the industry, Garment Mantra has partnered with textile companies situated in Surat to manage …

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New cotton seed varieties are supported by a House panel to increase productivity

India urgently needs new varieties of cotton seeds and plants acclimated to the soil and climate to increase cotton production, according to a recent report by the Parliamentary Standing Committee on Labour, Skill Development, and Textiles. According to data from the Ministry of Textiles, India possessed the world’s largest cotton acreage in 2022–2023—13,061 lakh hectares. …

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In January 2024, the China E-Commerce Logistics Index experiences growth

According to the China Federation of Logistics and Purchasing, China’s e-commerce logistics index increased to 112.8 points in January 2024, a 0.4-point improvement over the previous month. The spike in the logistics volume sub-index, which hit 125.3 points in January—the highest level seen in over two years—is one of the most noteworthy highlights from the …

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Mexico’s clothing output declines in 2023

According to the February 2023 edition of Inegi’s Monthly Indicator of Industrial Activity (IMAI), the fashion industry’s production divisions ended the 2023 fiscal year with negative output results. According to the Inegi report, December had a 6.8% decrease in apparel output when compared to the same month in 2022. In the meantime, a comparison of …

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