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Australia Cotton Production For The 2023-2024 Season Is Expected To Experience A Significant Decrease.
According to the latest forecast from the Australian Bureau of Agricultural Resources and Economics (ABARES), due to the El Ni ñ o phenomenon causing drought in cotton producing areas in Australia, the cotton planting area in Australia is expected to decrease by 28% to 413000 hectares in 2023/24....Read more -
AI Is Making Fashion Design As Easy As Possible, And It Is Very Complex To Regulate It
Traditionally, clothing manufacturers use sewing patterns to create different shaped parts of clothing and use them as templates for cutting and sewing fabrics. Copying patterns from existing clothes may be a time-consuming task, but now, artificial intelligence (AI) models can use photos to acco...Read more -
United States Sharp Decrease In Textile And Clothing Imports From January To September, Leading To A Significant Increase In China’s Import Volume
The import volume of textiles and clothing in the United States in September this year was 8.4 billion square meters, a decrease of 4.5% from the 8.8 billion square meters in the same period last year. From January to September this year, the import volume of textiles and clothing in the United S...Read more -
United States General Export Demand, Widespread Rainfall In Cotton Regions
The average standard spot price in the seven major domestic markets in the United States is 75.91 cents per pound, an increase of 2.12 cents per pound from the previous week and a decrease of 5.27 cents per pound from the same period last year. During that week, 16530 packages were traded in the ...Read more -
Pakistan’s Production Is Gradually Declining, And Cotton Exports May Far Exceed Expectations
Since November, the weather conditions in various cotton areas of Pakistan have been good, and most cotton fields have been harvested. The total cotton production for 2023/24 has also been largely determined. Although the recent progress of seed cotton listing has significantly slowed down compar...Read more -
Brazil Cotton Exports Decreased In October, With China Accounting For 70%
In October this year, Brazil exported 228877 tons of cotton, a year-on-year decrease of 13%. It exported 162293 tons to China, accounting for nearly 71%, 16158 tons to Bangladesh, and 14812 tons to Vietnam. From January to October, Brazil exported cotton to a total of 46 countries and regions, wi...Read more -
Vietnam Exported 162700 Tons of Yarn In October 2023
In October 2023, Vietnam’s exports of textiles and clothing reached 2.566 billion US dollars, a decrease of 0.06% month on month and 5.04% year-on-year; Export of 162700 tons of yarn, an increase of 5.82% month on month and 39.46% year-on-year; 96200 tons of imported yarn, an increase of 7....Read more -
Retail and import situation of clothing in the EU, Japan, UK, Australia, Canada from January to August
The consumer price index of the Eurozone rose 2.9% year-on-year in October, down from 4.3% in September and dropping to its lowest level in more than two years. In the third quarter, the GDP of the Eurozone decreased by 0.1% month on month, while the GDP of the European Union increased by 0.1% mo...Read more -
Germany Imported 27.8 Billion Euros Of Clothing From January To September, And China Remains The Main Source Country
The total amount of imported clothing from Germany from January to September 2023 was 27.8 billion euros, a decrease of 14.1% compared to the same period last year. Among them, over half (53.3%) of Germany’s clothing imports from January to September came from three countries: China was the...Read more -
US Market Demand Remains Flat And New Cotton Harvest Is Progressing Smoothly
On November 3-9, 2023, the average standard spot price in the seven major domestic markets in the United States was 72.25 cents per pound, a decrease of 4.48 cents per pound from the previous week and 14.4 cents per pound from the same period last year. That week, 6165 packages were traded in the...Read more -
India Cotton Production Decreased By 6% Year-On-Year This Year
The cotton production in India for 2023/24 is expected to be 31.657 million bales (170 kilograms per pack), a 6% decrease from the previous year’s 33.66 million bales. According to the forecast, the domestic consumption of India in 2023/24 is expected to be 29.4 million bags, lower than the...Read more -
Bangladeshi Wage Protests Have Erupted, With Over 300 Clothing Factories Closed
Starting from the end of October, there have been several consecutive days of protests by workers in the textile industry demanding a significant salary increase in the capital and core industrial areas of Bangladesh. This trend has also sparked discussions about the clothing industry’s lon...Read more
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