Indonesia is becoming a growing market for Australian cotton as Australia’s competitively priced, high-quality cotton is stealing market share from the US and Brazil. Indonesia accounted for 12 percent of total raw cotton bales exported in the 2022 season, up from 9 percent in 2019, because
Around 170 open-end spinning mills in Tamil Nadu stopped production by going on an indefinite strike citing various reasons including hike in power tariffs and increase in waste yarn prices, which have led to hike in production costs. “Open-end spinning mills are dependent on waste cotton from spinning mills and fabric waste from knitwear companies. […]
Worldwide textile yarn market is projected to grow at a CAGR of 5.1 percent to reach US $18.5 billion by 2028 from $14.4 billion in 2023. “China is expected to account for the largest market share in Asia-Pacific in 2023,” Report Linker informed. “The increasing global population, coupled with urbanisation trends, has a direct impact […]















