Tag: trade

The Impact of Hormuz Closure on Global Textile Trade

The Strait of Hormuz is a crucial maritime corridor through which approximately 20% of the world's oil and liquefied natural gas (LNG) passes. Recent...

US Tariffs Harming Sustainable Fashion Brands

In an evolving global economy, the fashion industry faces numerous challenges, particularly concerning tariffs. Recent analyses reveal that current tariff policies are adversely affecting...

India Calls for Fair Cotton Trade at WTO

In a significant move, India has called upon the World Trade Organization (WTO) to address the prevailing asymmetries in the global cotton sector. This...

US Cotton Prices Decline, Crude Oil Provides Support

ICE cotton futures fell after reaching a near one-week peak on Tuesday. The US cotton market faced downward pressure as a stronger dollar made...

Iran-Israel War Disrupts Apparel Supply Chains in Asia

The escalating conflict between Iran and Israel is poised to have significant implications for apparel exporters and manufacturers across Asia and Southeast Asia. As...

India Sees 5.36% Increase in Textile and Apparel Exports

India's textile and apparel (T&A) exports experienced an increase of 5.36% to reach $6.180 billion during the first two months of the fiscal year...

Merino Wool Prices Decline Amid Low Supply and Strong AUD

Merino wool prices dipped at Australian auctions this week, as extremely low supply volumes were insufficient to uphold current price levels. Additionally, a stronger...

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