Insights Australia's wool market eased this week after recent gains, with the EMI slipping to 1,504 AUC while the WMI edged higher. Fine and medium wools weakened, though Merino skirtings surged 40 cents and cardings improved. Offerings rose 32.2 per cent, softening the clearance rate to 90.4 per cent. A firmer Australian Dollar and improving Chinese economic signals supported sentiment. Australia’s wool market paused for breath this week after a strong multi-week rally, with the Easter

Insights The European Parliament's call for stronger market surveillance and DSA enforcement marks the first political recognition of major gaps harming EU textile makers. Euratex said that rising imports, falling production and postal partnerships with platforms like Temu worsen loopholes. It urges ending the de minimis exemption and swift action to restore fair competition. The European Parliament took a welcomed and necessary step by voting a resolution calling for stronger market surveil

Insights The Vietnamese textile-garment industry's export revenues is expected to hit $46 billion this year, marking a 5.6 per cent YoY increase, according to the Vietnam Textile and Apparel Association. The sector's trade surplus is estimated at $21 billion for the year. Fifty-two per cent of the raw materials used by the sector is now procured from indigenous sources. The Vietnamese textile-garment industry’s export revenues is expected to hit $46 billion this year, marking a 5.6 per

Insights India has launched the Tex-RAMPS Scheme with an outlay of ₹305 crore (~$34.14 million) for fiscal 2025-26 to fiscal 2030-31 to strengthen research, data systems, innovation and start-ups in textiles. Fully funded by the Ministry of Textiles, the scheme will support smart textile research, build a real-time data platform, nurture entrepreneurial ventures and expand State-level capacity. India has approved the Textiles Focused Research, Assessment, Monitoring, Planning and Start-up (Te

Insights ICE cotton futures climbed to a more than one-week high as market activity thinned before the Thanksgiving holiday. March 2026 settled at 64.57 cents per pound, indicating short-term stabilisation despite an overall downtrend. Thin liquidity kept trading light, with certified stocks unchanged at 20,344 bales. Analysts expect consolidation within 63–65 cents per pound. ICE cotton futures continued to rise, showing signs of consolidation. US cotton prices moved to a more than one

Insights India's textile exports expanded across 111 countries in April–September 2025 as the industry diversified away from the US amid high tariffs. The India-UK FTA will further lift exports, while technical textiles and rising domestic fashion demand fuel growth. Government support, innovation, and expanding digital retail are helping the sector navigate volatility and strengthen its competitiveness. India’s textile exports recorded year-on-year growth across 111 countries bet

Insights The Fashion Commission launched the Red Sea Seaweed Project, unveiling a bio-textile made from sustainably harvested Red Sea algae and developed with KAUST and PYRATEX. The algae-based fibre, blended with Lyocell and organic cotton, was turned into garments at The Lab, showcasing Saudi Arabia's push toward innovative, eco-conscious materials and a next-generation sustainable fashion ecosystem. The Fashion Commission has announced the launch of the Red Sea Seaweed Project at the Misk

Insights The EU and its partners recently announced a new digital innovation hub for women in Nigeria's Kano to revive the state's textile industry. The Women Venture Studio Digital Innovation Hub will strengthen women-led entrepreneurship and boost their participation in digital economy. The hub will equip women entrepreneurs with digital skills, market access and business networks required to compete globally. The European Union (EU) and its partners recently announced a new digital innovat

Insights ICE cotton futures extended gains for 3rd straight session, driven by stronger USDA export sales for the week ending October 9 and support from a weaker US dollar. March 2026 cotton settled at 64.23 cents per pound after hitting the highest level since November 19. USDA data showed US cotton harvest progress at 79 per cent. StoneX lowered Brazil's 2025–26 cotton crop estimate to 3.695 million tons. ICE cotton futures rose for the third consecutive trading session, supported by

Insights Bangladesh's Chattogram Port saw strong growth in handling containers, cargo and vessels in this year and fiscal, the Chittagong Port Authority said. It posted a 4.87-per cent YoY rise in container handling, 12.64-per cent YoY growth in cargo handling and a 10.97-per cent rise in vessel handling in the first 10 months this year. The port also saw a marked reduction in vessel waiting time over the period. Bangladesh’s Chattogram Port witnessed strong growth in handling container