ICE cotton futures extend gains amid crop concerns

ICE cotton futures rose for a second session on US crop-damage concerns and stronger crude oil, with December 2026 at 80.60 cents per pound.
Gains were capped by USDA forecasts raising 2026-27 US production by 2 per cent to 13.44 million bales and ending stocks by 6 per cent to 3.8 million bales.
A stronger dollar, subdued volume and delayed crop progress data kept traders cautious.Read More

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India’s PTA, polyester melt prices rise; China sees post-holiday rally

Indian PTA and polyester melt prices rose in the October 10 revision, with a major producer lifting PTA to ₹111 (~$1.16) per kg and melt to ₹122.22 per kg, while MEG stayed at ₹78.70.
China’s polyester feedstock and fibre markets reopened around 8 per cent higher after Golden Week, but CFR China PTA and MEG eased on October 9.
The moves signal renewed cost pressure for India’s polyester chain.Read More

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Why textile mills stay at 71% capacity despite export growth

Textile exports in parts of Asia improve, but mills face weak orders, low prices and uneven downstream demand.
ITMF puts global utilisation at 71 per cent in September 2026, with backlogs of 2.3 months and 56 per cent citing weak demand.
TexPro shows fibre exports up 14.5 per cent and yarn up 8.0 per cent in January-June 2026; home textiles and apparel slipped, while China’s unit prices fell.Read More

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Global cotton output raised to 117.95 mn bales for 2026-27: WASDE

USDA’s October WASDE raised 2026-27 world cotton output by 630,000 bales to 117.95 million, as larger Brazil and US crops more than offset lower Argentina production.
Global supplies, consumption, exports and ending stocks were all revised up, with stocks at 70.68 million bales and the stocks-to-use ratio at 57.4 per cent; Brazil output rose to 19 million bales and India imports to 3.30 million.Read More

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France’s LVMH posts organic revenue growth in Q3 2026

Luxury group LVMH posted Q3 2026 revenue of €18.504 billion (~$20.42 billion), as organic revenue grew 1 per cent amid softer China demand and uncertainty.
Selective retailing rose 8 per cent organically, driven by Sephora, while other divisions gained.
Fashion and leather goods fell 5 per cent organically to €8.245 billion (~$9.21 billion); Marc Jacobs and most DFS businesses were sold.Read More

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Bangladesh aligns economic reform priorities with World Bank, IMF

Bangladesh has reached broad policy alignment with the World Bank and IMF on economic reforms to restore financial stability, boost tax revenue, expand social protection and create jobs, Adviser Rashed Al Mahmud Titumir said.
The government also plans to reopen closed factories, attract investment, strengthen energy security and expand trade ties with Thailand.Read More

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US’ Avery Dennison names Helen Sheirbon as Solutions Group president

US-based Avery Dennison has appointed Helen Sheirbon president of its Solutions Group, effective November 3, 2026.
She joins from HP, where she serves as senior vice president and chief operating officer of Global HP Solutions.
With over two decades of experience at HP, Sheirbon will lead the group’s focus on digital innovation, customer value and operational excellence across global markets.Read More

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US consumers favour value over luxury this holiday: Burlington survey

Burlington Stores’ survey of 2,000 US adults finds 80 per cent expect to spend the same or more on holiday shopping in 2026, although 58 per cent fear exceeding their budgets.
Deal hunting appeals to 58 per cent shopping on smaller budgets, while 87 per cent say a great deal is more satisfying than owning a luxury item; 86 per cent plan to start buying before December 1.Read More

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