This year, Indian cotton textile exports have shrunk sharply since May, and its proportion of textile and apparel exports also fell from 36.5% in January to near 30%, down more than 6pp, and nearly 10 pp from the high point. It shows that India's cotton textile exports are significantly hampered. In Read More

India's textile exports fell much faster than apparel, which have turned negative year-on-year since May this year, while apparel only began to shrink in July. Since India's textile and apparel exports are mainly affected by the sharp decline in textile exports, which category of textile is consider Read More

As can be seen from the chart above, Indian cotton price in 2017-2020 hovered at 40,000rupees/candy for a long time, and last year it rose sharply to a high of more than 100,000 rupees/candy (the highest level was equal to $166 cents/lb), after which the price began to fall. However, as of yesterday Read More

From the volume of Indian cotton on the market recently, the 22/23 Indian cotton yield is lower than expected in the previous period, which is a support for Indian cotton prices. However, the downstream demand is relatively weak, and it will be further inhibited by high cotton prices. Whether cotton Read More

China will downgrade its management of COVID-19 from Class A to Class B on Jan 8, a move made possible by the reduced virulence of Omicron, expanded vaccinations and increased treatment and emergency response tools, officials and experts said on Tuesday.The downgrade, a major change to China's antiv Read More

The year 2022 turned out to be more eventful than ever for China-US relations, which experts believe are in a "dangerous downward spiral", with trust dipping still lower, making it imperative for both countries to implement the consensus reached by their presidents at their first in-person summit.It Read More