trade news

Bangladesh and Vietnam narrow gap but China retains garment export top spot.

China remains a major force in global textiles and apparel, even as more final garment assembly shifts to other countries.

In USDA's Aug supply-demand report, 2026/27 China cotton output and imports forecasts unchanged.

While many manufacturing sectors face weak global demand and geopolitical uncertainty, China's technical textiles industry continues to show strong resilience. Higher production volume, expanding export performance, and stable industrial demand indicate that the sector remains one of the strongest performers within China's broader textile industry.

Nylon 6 filament yarn prices stabilized this week after a two-month decline, with FDY, DTY and POY moving within a narrow 0.6 per cent range. Caprolactam costs have flattened, limiting further price cuts, while compressed producer margins and early downstream restocking suggest the market has entered a near-term equilibrium rather than another leg lower.

Low-value products originating in China and Hong Kong imported to the US will not be eligible for the de minimis exemption for duty-free treatment beginning today.