ICE cotton futures rebounded on April 22, 2025, supported by rising crude oil prices, a weaker US dollar, and gains in equity markets.
The July 2025 contract rose 0.40 cent to 67.22 cents/lb.
Higher oil raised polyester costs, aiding cotton’s competitiveness.
Trading volume surged, while deliverable stocks remained unchanged.
Brazil’s March cotton exports dipped 5 per cent YoY.Read More
Fitch Ratings has downgraded its 2025 global growth forecast by 0.4 percentage points amid escalating US-China tariffs, predicting world growth below 2 per cent.
The US effective tariff rate has surged to 23 per cent, its highest since 1909, with inflation forecast above 4 per cent.
As growth in China and the eurozone slows, Fitch anticipates deeper rate cuts globally, aided by lower oil prices.Read More
… edition of International Fair of Textile, Apparel, Leather & Equipment (TEXSTYLE … edition of International Fair of Textile, Apparel, Leather & Equipment (TEXSTYLE …Read More
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… shows off the rare textile
An ancient textile which gives a unique … in Kenmore, Perthshire.
The textile, believed to be the oldest … of Glasgow, analysed the textile on behalf of the centre … about the heritage of Scottish textiles.”
Crannogs were dwelling …Read More