- Euratex expresses concerns over supply chain disruptions following COVID-19
- In its Quarterly Economic Update, Euratex has expressed concerns over global supply chain disruptions following COVID-19 crisis which may affect the competitiveness of the industry. Economic data up to December 2020 reflect a dramatic contraction in demand and production of
- Apr 25, 2021
- Global short-staple & rotor capacities decreased in 2019: ITMF report
- ITMF (International Textile Manufacturer Federation) has published its report on International Textile Industry Statistics (ITIS) on productive capacity and raw materials consumption in the short-staple organized sector in all textile-producing countries in the world. It shows a decrease i
- Apr 25, 2021
- Ministry of Finance cuts taxes and fees for manufacturing companies
- A few days ago, at the press conference held by the State Council, an official from the Ministry of Finance said that the Ministry of Finance will comprehensively consider the need of fiscal sustainability and the implementation of the relief and development of small and micro enterprises
- Apr 23, 2021
- Strengthen the recycling of waste textiles in the textile industry
- On March 18th, “Textile Industry Waste Textile Resource Utilization Exchange Conference” with the theme of “Working Together - Zero Waste of Used Clothes” sponsored by the CNTAC was held in Shanghai. At the Conference, the “Evaluation Report on Environmental Benefits of Used Clothes Recycl
- Apr 23, 2021
- Global turnover 2020 dropped -9 pct. on average vs. 2019: 7th ITMF Survey
- Between January 25th and March 10th, 2021, ITMF has conducted the 7th ITMF CoronaSurvey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain. In total, 196 companies from around the world participated. The 1
- Apr 23, 2021
- U.S. and global cotton ending stocks decline: USDA
- According to the April global production and demand forecast released by the USDA, U.S. exports increased in 2020/21 and ending stocks fell. U.S. cotton production and domestic consumption were unchanged, exports were revised up by 250,000 bales to 15.75 million bales, ending stocks were 3
- Apr 23, 2021
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