The hourly labour costs in the euro area rose by 4.6 per cent year on year (YoY) in the euro area and by 5.1 per cent in the EU in Q3 2024.
The job vacancy rate was 2.5 per cent in the euro area in Q3 2024, down from 2.6 per cent in Q2 2024 and from 3 per cent in Q3 2023.
The same in the EU was 2.3 per cent in the quarter, down from 2.4 per cent in Q2 2024 and from 2.7 per cent in Q3 2023.Read More
ICE cotton futures hit a one-month low as Brazilian farmers increased sales, driven by a weaker real and a rising dollar index, making exports more profitable.
March 2025 contract settled at 68.69 cents/lb, later dipping to 68.53 cents/lb.
Falling crude oil prices boosted polyester competitiveness, adding pressure.
Weak demand and economic uncertainty keep cotton’s outlook bearish.Read More
Sanyo Chemical Industries has developed NEOPROVER HBF-101, a cold flow improver enhancing biodiesel’s low-temperature performance.
By reducing the Cold Filter Plugging Point (CFPP), it ensures smooth operation, prevents engine issues, and supports diverse feedstocks like soybean and used cooking oils.
This innovation boosts biodiesel adoption in cold climates, aiding sustainability.Read More
Westpac-Melbourne Institute consumer sentiment index for Australia fell by 2 per cent to 92.8 in December from 94.6 in November.
Assessments of current conditions continue to post solid improvements.
But consumers have turned pessimistic again on economic outlook.
Renewed concerns about the outlook have taken some of the gloss off consumer confidence around jobs.Read More
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… also experienced notable growth in textile imports, particularly yarn (+11%) and … increasing integration into the global textile ecosystem, offering significant opportunities for … driving significant growth in the textile and apparel sector, positioning the …Read More
Groz-Beckert sewing machine needles are renowned throughout the industry and comprise an impressively broad portfolio.
But customers know that innovative solutions from Groz-Beckert go beyond the core product.
With its future-oriented services and digital offerings, the company, headquartered in Germany, is a strong partner of the sewing industry.Read More
ISLAMABAD: The country’s textile group exports increased by 10. … 2023.
The data showed that textile group exports increased by 10 …Read More
… ), according to the Vietnam Textile and Apparel Association (VITAS), … Despite global consumption of textile and garment products not … cent YoY, the Vietnam Textile and Apparel Association (VITAS) … Despite global consumption of textile and garment products not …Read More
Vietnam’s textile and garment industry has fulfilled its $44-billion export turnover target this year—a rise of over 11 per cent YoY, the Vietnam Textile and Apparel Association (VITAS) said.
The industry has set an export target of $47-48 billion in 2025.
Despite global consumption of textile and garment products not rising this year, Vietnam’s exports still saw positive results, VITAS noted.Read More