ICE Cotton Faces Heavy Losses Amidst Favorable Conditions and Dollar Strength

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Published: Wednesday, 12 June 2024 15:34

The ICE cotton market witnessed significant losses in the initial days of the trading week, continuing a downward trajectory influenced by multiple factors, including a robust dollar index and favorable weather conditions in the United States. Despite hopes pinned on surging crude oil prices, cotton futures remained vulnerable to a substantial sell-off, plunging to new yearly lows as market sentiment weakened.

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ILO Spearheads Transformative Change in Kenya's Textile Sector: A Paradigm Shift Towards Workplace Compliance and Labour Rights Protection

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Published: Monday, 10 June 2024 15:30

In a bid to bolster workplace compliance and safeguard labour rights within Kenya's vibrant textile industry, the International Labour Organisation (ILO) has embarked on a transformative journey alongside tripartite partners. Through the All Hands in Kenya (AHK) project, the ILO underscores the pivotal role of robust legislative frameworks and efficient labour market institutions in nurturing productive and harmonious employment ecosystems.

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The Underbelly of Indonesia's Cheap Clothing Market: Illegal Imports Threaten Local Industry

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Published: Monday, 10 June 2024 11:49

In bustling shopping centers across Jakarta, the allure of unbelievably low prices draws in throngs of consumers eager to snag a bargain. One-piece sleepwear for a mere 25,000 rupiah (S$2), or a two-piece set priced at 35,000 rupiah, seem too good to pass up. Yet, behind the enticing deals lurks a shadowy market of illegal imports that pose a significant threat to Indonesia’s economy and local industries.

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  1. ICE Cotton Holds Steady Amidst Mixed Market Sentiments
  2. Australian Wool Market Thrives as Rain Boosts Grower Sellers
  3. Marcos Grasso Joins C&A BV Supervisory Board: A Boost for Consumer Retail Experience
  4. Positive Sentiment at Australian Wool Auctions as Buying Pressure Increases