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Strong dollar, tariff plans weigh on ICE cotton futures

ICE cotton futures continued to decline for the third consecutive day. A stronger dollar and favourable weather conditions in the US have added pressure on cotton prices. US President Donald Trump’s announcement to impose higher…

July 9, 2025 By chic.hubstore57.com 0

ACIMIT urges push for Made in Italy as exports & output decline

Enhancing the value of Made in Italy must be placed at the heart of the challenges facing the Italian textile machinery industry in the coming years. This was the message emphasized by Marco Salvadè, President…

July 8, 2025 By chic.hubstore57.com 0

Quad announces initiatives to boost security & prosperity, foster tech

The recent 10th Quad Foreign Ministers’ Meeting in Washington, D.C., announced key initiatives to strengthen maritime and transnational security; boost economic prosperity and security; ensure a stable supply of critical minerals and foster emerging technology;…

July 7, 2025 By chic.hubstore57.com 0

Crossbred wools lead gains in steady Australian wool auctions

This week’s Australian wool auctions saw minimal movement in the Eastern Market Indicator (EMI), though wide price fluctuations occurred across wool types. Despite a stronger Australian dollar against the US dollar, the EMI rose 1.3…

July 6, 2025 By chic.hubstore57.com 0

South India yarn struggles amid tariff uncertainty, rising fibre costs

Cotton yarn markets in south India showed limited movement as spinning mills attempted to raise prices amid rising cotton costs. However, uncertainty over the India-US trade deal and possible tariff hikes post-July 9 dampened demand.…

July 5, 2025 By chic.hubstore57.com 0

EU proposes 90% emissions cut by 2040 in landmark climate law update

The European Commission has proposed an amendment to the European Union (EU) Climate Law, setting a legally binding target to cut net greenhouse gas emissions by 90 per cent by 2040 compared to 1990 levels.…

July 4, 2025 By chic.hubstore57.com 0

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Recent Posts

  • Strong dollar, tariff plans weigh on ICE cotton futures
  • ACIMIT urges push for Made in Italy as exports & output decline
  • Quad announces initiatives to boost security & prosperity, foster tech
  • Crossbred wools lead gains in steady Australian wool auctions
  • South India yarn struggles amid tariff uncertainty, rising fibre costs

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