. Fashion and textile waste have emerged as critical challenges on the global stage, necessitating urgent action and collaboration across industries. A recent report by the Ellen MacArthur Foundation underscores the profound impact of textile waste and advocates for robust Extended Producer Responsibility (EPR) policies as essential solutions.
In a striking display of strength, Brazil's cotton exports for June are poised to break all previous records, propelled by robust global demand and competitive export pricing. The latest figures released by the Centre for Advanced Studies on Applied Economics (CEPEA) indicate a monumental rise in export volumes, underscoring Brazil's pivotal role in the global cotton market.
The latest Australian wool auctions have marked a significant upturn in prices, signaling a shift in market sentiment and atmosphere compared to recent sales. Across various wool types and descriptions, prices have shown steady gains driven by robust competition and vigorous buying interest from key global markets. Notably, Australia's largest export trader played a pivotal role in dominating this week's proceedings.