শনিবার, ২৩ ডিসেম্বর, ২০২৩

Revolutionizing the Textile Industry: The Power of Textile Sourcing Platforms

In the ever-evolving landscape of the global textile industry, sourcing raw materials and connecting with reliable suppliers have become critical components for success. Textile sourcing platforms have emerged as transformative tools, revolutionizing the way businesses in the textile sector operate. These platforms offer a centralized and efficient approach to procurement, fostering collaboration, transparency, and sustainability. In this article, we will explore the significance of textile sourcing platforms, their key features, benefits, and the impact they have on the textile industry.

The Textile Industry Landscape

Before delving into the role of sourcing platforms, it's essential to understand the dynamics of the textile industry. The sector encompasses a wide range of products, from natural fibers like cotton and wool to synthetic materials such as polyester and nylon. The complexity of the supply chain, coupled with the diverse nature of textile products, makes sourcing a challenging task for businesses across the globe.

Challenges in Traditional Sourcing

Traditional methods of sourcing textiles often involve a lengthy and convoluted process. Businesses typically rely on a network of agents, brokers, and middlemen to connect with suppliers, negotiate prices, and ensure quality. This traditional approach is not only time-consuming but also susceptible to inefficiencies, lack of transparency, and increased costs. Moreover, the manual nature of these processes can lead to errors, delays, and a lack of real-time information.

Enter Textile Sourcing Platforms

Textile sourcing platform act as a bridge between buyers and suppliers, offering a digital marketplace where transactions and interactions can take place seamlessly. These platforms leverage technology to streamline the sourcing process, making it more efficient, transparent, and accessible. Here are some key features that define these platforms:

Supplier Database:

  • Textile sourcing platforms maintain a comprehensive database of suppliers, categorized based on their offerings, capabilities, and certifications.
  • Buyers can easily search and filter suppliers based on specific criteria, such as location, product type, and production capacity.

Digital Catalogs:

  • Suppliers showcase their products through digital catalogs, providing detailed information about materials, specifications, and pricing.
  • Buyers can browse through these catalogs, compare offerings, and make informed decisions without the need for physical samples.

Communication Tools:

  • Integrated communication tools facilitate direct communication between buyers and suppliers, eliminating the need for intermediaries.
  • Real-time messaging and collaboration features enhance transparency and help build strong, direct relationships.

Transaction Management:

  • Textile sourcing platforms often include tools for managing transactions, including order placement, invoicing, and payment processing.
  • Automated systems reduce the risk of errors, streamline financial processes, and improve overall efficiency.

Benefits of Textile Sourcing Platforms

The adoption of textile sourcing platforms brings about numerous benefits for both buyers and suppliers in the textile industry:

Efficiency and Time Savings:

  • The streamlined procurement process reduces the time and effort required for sourcing materials.
  • Quick access to a diverse range of suppliers allows businesses to make faster decisions and respond promptly to market demands.

Cost Reduction:

  • By eliminating intermediaries, businesses can cut down on costs associated with agents and brokers.
  • Transparent pricing and competitive bidding on the platform contribute to cost savings for buyers.

Global Reach:

  • Sourcing platforms enable businesses to connect with suppliers from around the world, expanding their reach and diversifying their sourcing options.
  • This global reach opens up opportunities for sourcing unique and specialized materials.

Transparency and Traceability:

  • Enhanced transparency in the sourcing process ensures that buyers have access to accurate and up-to-date information.
  • Traceability features allow businesses to track the origin of materials, promoting sustainability and ethical sourcing practices.

Quality Assurance:

  • Buyers can make informed decisions by reviewing supplier profiles, ratings, and customer reviews.
  • The platform often includes quality assurance mechanisms, ensuring that products meet specified standards.

Sustainability Focus:

  • Many textile sourcing platforms prioritize sustainability by highlighting eco-friendly and responsibly sourced materials.
  • This focus aligns with the growing demand for sustainable and ethically produced textiles in the market.

Impact on the Textile Industry

The adoption of textile sourcing platforms has a profound impact on the textile industry, driving positive changes across various aspects:

Digital Transformation:

Sourcing platforms catalyze the digital transformation of the textile industry, encouraging businesses to embrace technology for improved efficiency and competitiveness.

Market Access for Small and Medium-sized Enterprises (SMEs):

 SMEs, which may face challenges in establishing a global presence, benefit from the increased visibility and accessibility provided by sourcing platforms.

Innovation and Collaboration:
The digital nature of these platforms encourages innovation and collaboration among industry players, fostering a dynamic and forward-thinking ecosystem.

Risk Mitigation:
Platforms offer risk mitigation through transparent processes, reducing the likelihood of fraud, disputes, and supply chain disruptions.

Data-Driven Decision Making:
Businesses can leverage data analytics tools integrated into these platforms to make informed, data-driven decisions, improving overall strategic planning.


Conclusion

Textile sourcing platforms represent a paradigm shift in the way the textile industry approaches procurement and supplier management. The benefits of efficiency, cost reduction, and sustainability make these platforms essential tools for businesses aiming to stay competitive in a rapidly evolving market. As the industry continues to embrace digital transformation, the role of textile sourcing platforms will only become more pivotal, shaping the future of textile sourcing and supply chain management.


শনিবার, ২৬ আগস্ট, ২০২৩

Looking at the next big things in fabric


With upcoming trends, the future of the textile business is full of exciting possibilities. Sustainable materials, smart fabrics, customization, and biodegradable textiles will change the environment. People expect fabrics to be beautiful, useful, good for the earth, and socially responsible, which lets people express themselves in a responsible way.

The textile business keeps pushing the limits of what is possible, changing the way we think about fabrics. Fabric styles are always changing because they are influenced by fashion, technology, sustainability, and what people want. Designers, manufacturers, and anyone else who works in the textile business need to know about the latest trends in fabrics. From using materials that are good for the environment to using cutting-edge technology, the future of fabrics could be very interesting.

Using sustainable materials and making things

As environmental issues become more important, more people are looking for fabrics that are good for the earth. Taking into account the whole lifetime of the product, these textiles are made in an environmentally and socially responsible way. It means lowering the bad effects on the environment, saving resources, and supporting fair ways to work. Here are some important parts of making clothes in a healthy way:a. Use of eco-friendly materials: Sustainable textile production focuses on using natural and organic fibers like organic cotton, hemp, linen, and bamboo. These things are grown without using dangerous chemicals, poisons, or genetic changes.b. Recycling and upcycling: Recycling and upcycling are ways to cut down on waste when making textiles. This means using things like old clothes or scraps of fabric to make new textiles or items. Also, post-consumer textile recycling makes it possible to use old textiles to make new fibers or materials.c. Water and energy efficiency: The goal of sustainable cloth production is to use as little water and energy as possible during the whole process. Technologies like water recycling systems, low-water dyeing methods, and machines that use less energy help the business be less harmful to the environment.d. Use chemicals in a responsible way. Chemicals like dyes, bleaches, and finishing agents can hurt the environment and the health of the people who work with them. To reduce chemical pollution, sustainable practices include using better alternatives, switching to non-toxic dyes, and putting in place proper waste management systems.e. Fair labor practices: A key part of sustainable production is making sure that textile workers have fair and safe working conditions. This includes giving them fair pay, reasonable hours, and the chance to get help from the government. It also means promoting equality between men and women, stopping children from working, and backing workers' rights.f. Transparency in the supply chain: Sustainable textile production puts a lot of stress on transparency and being able to track items all along the supply chain. This means understanding and sharing information about where materials come from, how products are made, and how they are made. Certification programs like GOTS (Global Organic Textile Standard) and Fair Trade make sure that businesses are doing things in a way that is sustainable and fair.g. Longer product life: Making textiles more durable, repairable, and recyclable helps them last longer and create less trash. Sustainable textile production includes making products that are easy to fix or repurpose, pushing circular business models, and teaching consumers how to take care of their clothes in a responsible way.

Together, these practices are meant to lower the impact of textile production on the environment, save resources, cut down on waste, and encourage social responsibility. By using more sustainable methods, the textile business can help make the economy more circular and sustainable.

Smart fabrics and technology that can be worn

Putting technology into fabric is changing what people think of as fashion. Smart fabrics, also called e-textiles, have electronic components or conductive fibers built into them. This lets them connect with the person wearing them and their surroundings. These materials can track vital signs, track movement, change the temperature, and even charge electronic devices. Here are a few important things to know about smart materials and wearable technology:a. Electronics that are built right into the fabric: Smart fabrics have tiny electronic parts like microcontrollers, sensors, and motors built right into them. Most of the time, these parts are flexible and light, which lets the fabric keep its warmth and flexibility.b. Sensors and data collection: Fabrics can have different kinds of sensors that can track data like heart rate, body temperature, movement, or environmental factors. These sensors gather information in real time and send it to a connected device or a smart device that goes with it.c. Connectivity and communication: Many smart fabrics and wearable technologies have Bluetooth or Wi-Fi built in, which lets them talk to other devices like smartphones or computers. This connectivity makes it possible to send data, change software, and control how the smart fabric works.d. Health and fitness tracking: Smart fabrics are often used in wearable tech like trackers and fitness bands to track things like heart rate, sleep patterns, and steps taken. These materials make it easy and comfortable to collect biometric data without being in the way.e. Style and fashion: These fabrics are made to look stylish and go well with everyday clothes. They can be used to make interactive clothes, accessories, and even whole lines that use technology but still look good.f. Energy and power: It's important to think about how to power smart fabrics and portable technology. When these devices use rechargeable batteries, energy harvesting methods (like sun or kinetic energy), or wireless charging methods, they don't need new batteries as often. Smart materials and wearable technology can be used in many ways. Some common examples are fitness tracking, health monitoring, sports performance analysis, virtual reality gaming suits, augmented reality clothing, smart shoes, and clothes that make industrial workers or emergency rescuers safer.

Smart materials and wearable technology are fields that are always changing. This is because research and development are always pushing the limits of what is possible. As technology gets better, we can expect to see even more creative and interesting ways to use it in the future.

Customizing and making things unique

In an age of mass production, people are looking for unique and individual things more and more. Customization and personalization are the way materials will go in the future. Technology, like 3D printing, lets artists and regular people make textiles that are exactly what they want.

Digital printing has come a long way, and now you can print intricate designs, patterns, and even photos straight onto fabric. Customization isn't just about how something looks. Fabrics can also be made to meet specific needs, such as moisture-wicking, antimicrobial, or UV protection.

Textiles that break down and grow back

In order to deal with the problem of textile waste, there will be a lot more biodegradable and regenerative fabrics in the future. Biodegradable fabrics are made to break down on their own over time, which is better for the earth. As sustainable options, people are paying more attention to things like algae-based fibers, pineapple leaf fibers (Pinatex), and mycelium (mushroom) leather.

These fabrics are made of new materials that try to fix the damage that traditional textiles do to the earth. They are made to make as little waste and pollution as possible from the time they are made until they are thrown away.

Plant-based fibers like organic cotton, linen, hemp, and bamboo ca    n be used to make biodegradable materials. These things are grown without using harmful pesticides or man-made fertilizers. This makes them better for the earth. When biodegradable fabrics are thrown away, either by composting them or letting them break down on their own, they go back to the earth without leaving any dangerous chemicals behind.

Regenerative fabrics go a step further because they are not only biodegradable, but they also help environments recover and get better. Most of the fibers in these fabrics come from regenerative agriculture, a type of farming that focuses on building healthy land and storing carbon. Regenerative farming techniques help to increase biodiversity, improve the quality of the soil, and use less water. By using fabrics made from regenerative agriculture, we can help farmers stay in business and reduce the damage the textile industry does to the earth.

The way these clothes are made is just as important as the materials they are made of. Manufacturers use methods that are good for the environment and use less energy, water, and chemicals. For a more sustainable approach, they may use techniques like low-impact dyeing, recycling water, and cutting down on trash.

Both biodegradable and regenerative fabrics could help the textile business be less harmful to the environment. By picking these materials, we can help create a more sustainable and circular economy in which textiles are made, used, and thrown away in ways that are good for the environment.

Note to End

As we move into a more aware and technologically advanced time, people expect fabrics to be not only beautiful and useful, but also good for the earth and socially responsible. When innovation and sustainability come together, people will be able to express themselves through unique and eco-friendly textiles, making the fashion world a more lively and responsible place.

বুধবার, ২৭ এপ্রিল, ২০২২

Techtextil North America and Texprocess Americas 2022 Events Put Extra Emphasis on Education

 Textiles executives seeking in-person inspiration in the production process as well as new materials and solutions are in luck. The 2022 editions of Techtextil North America and Texprocess Americas are returning to Atlanta from May 17-19 at the Georgia World Congress Center (GWCC).

The two-in-one event, organized by Messe Frankfurt, with Techtextil North America incorporated with ATME-I and Texprocess Americas co-produced by sewn products association SPESA, is engineered toward the textiles industry at large. But the individual shows complement each other by offering insight into different areas across the value chain.

Techtextil North America homes in on the textile industry’s technical side, whether that be a focus on research and development, raw materials and production processes, treatments such as finishings and coatings, as well as packaging and recycling.

Meanwhile, Texprocess Americas emphasizes the technologies, services and solutions that drive the sewn products industry across apparel, home furnishings, footwear, automotive interiors and medical products. These solutions encompass CAD/CAM, cutting, textile finishing, sewing and embroidery technology, among others.


To spruce up this year’s co-located shows, Messe Frankfurt wanted to further build out their educational components, according to Ali Rosenberger, senior marketing and conference manager, Messe Frankfurt North America.

“Our content is heavily focused on the current state of the supply chain, the issues with global trade, the need to reimagine our current models of sourcing and manufacturing, and especially the need to invest in domestic workforce development,” Rosenberger said. “The people that we talk to on a daily basis often mention the lack of qualified workers in the workforce right now. That’s a really big topic of conversation that needs to be addressed.”

Texprocess Americas will introduce a new feature called The Studio on the show floor, which will house free mini-sessions on designing for manufacturing, digitalization, the micro-factory model, and product development. Many will be geared toward attendees that are either just starting in the industry or trying to pivot their business model in the wake of the pandemic.

Similarly, Techtextil North America will debut The Academy, which combines the trade show’s previously named Tech Talks and The Lab. The Academy will feature a lineup of complementary presentations, demonstrations and discussions covering technical advancements and highlighting the latest in textile testing for applications across industries.

Both events are bringing back their own show-specific symposiums, which feature eight sessions on various topics in technical textiles, nonwovens and sewn products, and can be purchased through a one-, two- or three-day pass.

Techtextil North America’s Symposium program is developed in partnership with the School of Materials Science and Engineering (MSE) at the Georgia Institute of Technology, and will feature three days of sessions covering the latest in materials science, textile engineering and applications across industries.

The Texprocess Americas Symposium, designed in collaboration with The University of Georgia and various thought leaders from the sewn products industry, will include sessions highlighting innovations in manufacturing technology, the latest trends affecting the sewn products and apparel supply chain and insights into manufacturing’s future.

Audiences overlap amid in-person return

In determining this year’s schedule, Rosenberger said Messe Frankfurt took insights from last year’s Techtextil North America event in Raleigh, N.C. in August, noting that more attendees sought information on technical textiles amid the mass pivot to personal protective equipment (PPE) production.

“As apparel manufacturing is getting more technical and more functional, we’re definitely seeing more crossover from each show’s traditional audience” Rosenberger said. “We’re having to consider addressing not just a single show’s audience, but the industry as a whole. That change has been interesting and has helped us diversify and expand the topics that we cover.”

The 2022 editions of Techtextil North America and Texprocess Americas are returning to Atlanta from May 17-19 at the Georgia World Congress Center (GWCC).

And with more events returning to physical form, Rosenberger said, Messe Frankfurt is fully committing to the in-person show, instead of opting to host a virtual component.

“When it comes to making these big purchases, especially where machinery and equipment are concerned, there really is no replacement for in-person events,” Rosenberger said. “The feedback that we’ve gotten from a lot of our exhibitors and visitors is that they need a place on-site to compare options of what they’re going to buy, and that virtual demonstrations just aren’t sufficient.”

After the May event concludes, Messe Frankfurt will launch the flagship Techtextil and Texprocess events on June 21-24 in the company’s home city of Frankfurt, Germany. The trade show operator is also hosting a one-time summer edition of its Heimtextil event on the same dates.

Great news, you can directly register using ITagama. To participate in Techtextil North America, register here. To participate in Texprocess Americas, register here.

শনিবার, ২৩ এপ্রিল, ২০২২

Apparel costs in US rising quicker online than offline: Adobe

 The cost of clothing in the United States is rising quicker online than offline. In March 2022, costs for attire expanded 16.3 percent year-over-year (YoY) and 0.3 percent month-over-month (MoM), more than some other class, as per the web-based expansion information by Adobe. This has denoted the 22nd back to back month of YoY expansion on the web.

In this time span, clothing costs online likewise outperformed the Consumer Price Index (CPI). This turns around the longstanding example for the classification, where occasional limits made unsurprising pinnacles and valleys in web-based costs, Adobe said in a public statement.

Apparel costs in US rising quicker online than offline: Adobe


Throughout the course of recent months, clothing has reliably outperformed the CPI, which catches costs that purchasers pay for merchandise disconnected. In February, attire costs rose 11.0 percent in the DPI, contrasted with 3.1 percent in the CPI (ordered to 2014).

The Adobe Digital Price Index (DPI) gives the most thorough view into how much customers pay for merchandise on the web. Fueled by Adobe Analytics, it examines one trillion visits to retail locales and north of 100 million SKUs across 18 item classifications. In March, 14 of the 18 classes followed by the DPI saw YoY cost increments, with clothing rising the most.

Customers are feeling a more prominent hit to their wallets, with reliably elevated degrees of online expansion in classes like food and pet items," said Patrick Brown, VP of development advertising and bits of knowledge, Adobe. "In any case, while web based business costs have risen more than years past, sturdy interest shows that customers are embracing more customized encounters in the computerized economy as well as the accommodations of internet shopping, especially for developing classifications like food.

The DPI is designed according to the CPI, distributed by the US Bureau of Labor Statistics, and utilizations the Fisher Price Index to follow online costs. The Fisher Price Index utilizes amounts of matched items bought in the ongoing time frame (month) and a past period (earlier month) to ascertain the cost changes by classification. Adobe's investigation is weighted by the genuine amounts of the items bought in the two neighboring months.

Adobe utilizes a blend of Adobe Sensei, Adobe's AI and AI system, and manual work to portion the items into the classifications characterized by the CPI manual. The system was first evolved close by eminent financial experts Austan Goolsbee and Pete Klenow.

Join in the largest fiber to textile platform- www.itagama.com

বৃহস্পতিবার, ২১ এপ্রিল, ২০২২

Bangladesh Denim Expo to resume following a long time from May 10

 The twelfth release of Bangladesh Denim Expo will be held at the International Convention City Bashundhara in Dhaka from May 10. Following a two-year break, the exhibition will resume its ways to feature a global composition devoted to elevating Bangladesh's denim and to grandstand Bangladesh's solidarity and limit in denim fabricating.

The exhibition will have 79 exhibitors from across the world, and drawing the biggest number of worldwide participants of any dress occasion in Bangladesh is anticipated. The members will flaunt their most recent textures, articles of clothing, strings, hardware, completing gear, and frill, and feature Bangladesh's denim area, which is the world's second-biggest provider of denim to Europe and the third-biggest exporter to the United States.



The subject of the current year's show will be "Past Business," a point that will feature the subsequent stages for industry pioneers in making progress while giving long haul arrangements. The two-day uber composition will show worldwide brands and shippers, as well as Bangladeshi makers, the most recent denim patterns. It will likewise highlight eight exhibitor-drove address meetings and two-board conversations, all of which will mirror the exhibition's general supportability center, the fair coordinator said in a public statement.

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"Our show will act as a lightning rod on these issues, bringing together some of the most progressive, forward-thinking denim manufacturers in the world to showcase new thinking and the latest technical innovations which are driving our industry forward," added Uddin.

The exhibition means to encourage discussion and collaboration among exhibitors and guests through a progression of item displays, workshop meetings, and board conversations. Area specialists will likewise talk about how the denim business might improve, from a monetary stance, yet additionally concerning the social and natural ramifications of their tasks, as well as the goals that business visionaries ought to seek after.

"The world is a somewhat better place since the last release of this show, which occurred two quite a while back. Denim supply chains have encountered significant choppiness and disturbance and have been compelled to develop and adjust to get by and stay applicable. The pandemic has constrained providers to twofold down on manageability issues. That is the very thing worldwide buyers are requesting in the post-pandemic world, and this message is being passed down supply chains through design brands and retailers," organizer and CEO of Bangladesh Denim Expo Mostafiz Uddin said.

মঙ্গলবার, ১৯ এপ্রিল, ২০২২

𝐌𝐚𝐢𝐧 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭 𝐬𝐢𝐝𝐞𝐥𝐢𝐧𝐞 𝐨𝐧 𝐜𝐨𝐭𝐭𝐨𝐧 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝐋𝐚𝐡𝐨𝐫𝐞

 Cotton Analyst Naseem Usman told that the pace of cotton in Punjab and Sindh is in the middle of Rs 18000 to Rs 21,000 for every maund.

He told that because of political distress in the country nearby exchanging of cotton couldn't reestablished while bullish pattern wins in the worldwide cotton market. He likewise told that planting of cotton has begun in Lower Sindh as the ranchers began getting water for the harvests.

Pakistan's economy partook in a solid recuperation and developed 5.6 percent in FY21 following estimates taken by the Government to moderate the antagonistic financial effects of the COVID-19 pandemic.

The neighborhood cotton market on Tuesday stayed dull while the exchanging volume stayed low

As indicated by the World Bank's Pakistan Development Update, delivered today, while financial action kept up with its energy during July-December 2021, popularity tensions and rising worldwide item costs prompted twofold digit expansion and a sharp ascent in the import bill during this period. These improvements antagonistically affect the rupee. Also, well established underlying shortcomings of the economy including low speculation, low commodities, and low efficiency development present dangers to a supported recuperation.

The report features that with monetary recuperation and further developed work economic situations, destitution estimated at the lower-center pay class neediness line of $3.20 Purchasing Power Parity 2011 every day-declined from 37% in FY20 to 34 percent in FY21. Notwithstanding, rising food and energy costs are supposed to diminish the genuine buying force of families, disproportionally influencing poor and weak families that spend a bigger portion of their financial plan on these things.

"Pakistan's financial recuperation after the COVID-19 emergency demonstrates that the nation can possibly conquer testing monetary circumstances," said Najy Benhassine World Bank Country Director for Pakistan. "Notwithstanding, supporting the financial recuperation requires tending to well established underlying shortcomings of the economy and helping private area venture, commodities and efficiency."

On the rear of high base impacts and ongoing financial fixing, genuine GDP development is supposed to direct to 4.3 and 4.0 percent in FY22 and FY23, individually. From there on, monetary development is projected to marginally recuperate to 4.2 percent in FY24, gave that underlying changes to help financial supportability and macroeconomic dependability are executed quickly, and that worldwide inflationary tensions disseminate.

Nonetheless, the macroeconomic dangers remain extremely high. These incorporate more tight worldwide supporting circumstances, expected further expansions in world energy costs, and the conceivable gamble of an arrival of rigid COVID-19-related versatility limitations. Locally, political vulnerability and strategy change slippages can likewise prompt extended macroeconomic uneven characters.

"To alleviate prompt macroeconomic dangers, the Government ought to zero in on containing the financial shortfall at a level which guarantees obligation maintainability, intently coordinate financial and money related arrangement, and holds conversion scale adaptability," said Zehra Aslam, the lead creator of the report.

In the interim, the abrupt flood in approach rates to 12.25 percent by the State Bank of Pakistan might cause a decrease in its Pakistan's worth added material area, says Shahzad Azam Khan, Central Chairman, Pakistan Hosiery Manufacturers and Exporters Association (PHMEA). It would likewise grievously affect the economy, industry and commodities, he adds. The upgrade in Export Finance Schemes rates to 5.5 percent will affect exporters' proficiency and increment liquidity pressures, he adds.

Currently pained by liquidity emergency and other monetary difficulties, the homegrown business will be crushed by the abrupt expansion in approach rates, feels Khan. He has encouraged Prime Minister Shahbaz Sharif and his monetary and monetary group to notice to the requests of the business local area and converse the approach rebate and EFS rates. Khan has additionally encouraged the new government to adhere to the "Contract of Economy" for the country's future turn of events.

Besides, ICE cotton fates rose over 1% on Monday, following peppy opinion across more extensive grains markets.

Cotton contracts for July were up 1.68 penny, or 1.2%, at 142.40 pennies per lb by 11:42 a.m ET. The May cotton contract on ICE prospects rose 1.78 pennies, or 1.3%, to 143.76 pennies.

"Cotton market is following the grain markets and they're all pointedly higher. This is generally because of the operations issue in China," said Rogers Varner, leader of Varner Brokerage in Cleveland, Mississippi.

"There are many boats holding on to off-stack and reload in China and this is supporting the costs for horticultural business sectors in the US."

China, one of the top buyers of U.S. cotton, announced 23,460 new Covid cases on April 17 versus 26,155 every day earlier....

US grains fates rose, with corn hitting its most noteworthy in almost 10 years, upheld by fixing worldwide supplies and a creation viewpoint obfuscated by the Russia-Ukraine war and ominous U.S. climate conditions.

Find exclusive cotton offers on ITagama - There are thousands of suppliers are on that community across all over the world. 

Oil costs rose in rough exchange, as blackouts in Libya developed worry over close worldwide stock and the Ukraine emergency delayed. Higher oil costs make polyester, a substitute for cotton, more expensive.

The Spot Rate stayed unaltered at Rs 20,500 for every maund. Polyester Fiber was accessible at Rs 290 for every kg.

Revolutionizing the Textile Industry: The Power of Textile Sourcing Platforms

In the ever-evolving landscape of the global textile industry, sourcing raw materials and connecting with reliable suppliers have become cri...