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  • Intertextile Shanghai Apparel Fabrics – Autumn Edition will run September 2–4, 2025 at NECC Shanghai, hosting 3,700+ exhibitors from 26 countries. Highlights include new zones like Essential Suits & Shirts, Bespoke Performance, and group pavilions from Lenzing, LYCRA, Hyosung, and Sorona. The fair features 37 seminars, 8 overseas buyer delegations, and runs alongside Yarn Expo and Cinte Techtextil. Anticipation is building for Intertextile Shanghai Apparel Fabrics – Autumn
  • Germany's import prices were 1.4 per cent lower YoY and 0.4 per cent month on month (MoM) in July, official statistics show. Export prices were 0.6 per cent higher YoY and 0.2 per cent lower MoM in the month. The 12.5-per cent YoY drop in energy prices had the biggest impact on July import prices. When energy prices are excluded, import prices in July were down by 0.2 per cent YoY and 0.4 per cent MoM. Germany’s import prices were 1.4 per cent lower year on year (YoY) in both July and Jun
  • US tariffs will hit 66 per cent of India’s exports worth $86.5 billion, with textiles, carpets, handicraft, leather and the gems sectors are at risk, according to think tank Global Trade Research Initiative (GTRI). Indian goods worth $60.2 billion started facing 50 per cent US duties from August 27. Thirty per cent of US-bound exports remain duty-free. Pharmaceuticals, active pharmaceutical ingredients (APIs), electronics lead $27.6 billion worth duty-free exports. India’s competitor
  • INSIGHTS · CITI has welcomed the extension of India's cotton import duty exemption till December 31, 2025, aiding textile and apparel exporters hit by the 50 per cent US tariff. · The move ensures raw material availability, supports jobs across the sector, stabilises prices, and boosts competitiveness, aligning with India's $100 billion export target and cotton productivity mission. The Confederation of Indian Textile Industry (CITI) feels the extension of the import duty exempti
  • INSIGHTS •PBOC and RBNZ have renewed a bilateral currency swap line worth RMB 25 billion (~$3.52 billion). •First agreed in 2011, the deal has been extended multiple times, now with a fresh five-year term. •The arrangement will facilitate trade, investment, and settlement between businesses, deepen financial cooperation, and support market stability between China and New Zealand. The People’s Bank of China (PBOC) and the Reserve Bank of New Zealand (RBNZ) have renewed their
  • To deepen economic and trade cooperation under the Belt and Road Initiative and promote industrial connectivity between China and Central Asian countries, the 2025 "Discover Keqiao" Textile Industry Matchmaking Event (Central Asia Special Session) was held recently at the Shaoxing International Convention and Exhibition Center. Organized by the Keqiao District Commerce Bureau, the Keqiao General Chamber of Commerce, and China Light & Textile Industrial City Group Co., Ltd., the event brought
  • INSIGHTS · The US' imposition of 25 per cent additional tariff on Indian imports has raised the total duty to 50 per cent, creating deep uncertainty for the MSMEs. · As per reports, Panipat and Ludhiana are amongst the hardest hit by the US tariffs. · However, the latest media reports suggest the government is now planning dedicated outreach programmes in 40 countries to counter the steep US tariffs. The United States’ decision to impose an additional 25 per cen
  • To further tap into the potential of emerging international markets and expand new global trade channels for Keqiao fabrics, recently, the "Silk Road Keqiao · Fabrics Connect the Globe" Targeted Matchmaking Conference, hosted by the Construction and Management Committee of China Textile City in Keqiao District, Shaoxing City, was successfully held at the Saigon Center in Ho Chi Minh City, Vietnam. This event aimed to build an international exchange platform for the textile and garment ind
  • INSIGHTS · Canada and Brazil, which now holds the rotating presidency of the Mercosur bloc, recently announced that they will resume talks for an FTA that have been stalled since 2021. · Canada's renewed interest in restarting talks with Mercosur is due to the uncertainty caused by US tariffs. · The bloc also includes Argentina, Uruguay and Paraguay, while the process of Bolivia turning a full-time member is under way. Brazil, which now holds the rotating presidency of the S
  • INSIGHTS US' move to impose an additional 25 per cent tariff, raising duties on Indian goods to 50 per cent from August 27, will severely hit MSMEs in textiles, according to Crisil. Readymade garments face the steepest impact, with tariffs at 61 per cent versus 31 per cent for Bangladesh and Vietnam, threatening Tiruppur exports. It noted India-UK and potential EU trade deals could partly offset losses. United States’ decision to impose an additional 25 per cent tariff on Indian goods, e
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