Textile Industry Applauds Appointment of Katherine White as U.S. Chief Textiles and Apparel Negotiator

The National Council of Textile Organizations (NCTO) has welcomed the appointment of Katherine White as the Chief Textiles and Apparel Negotiator for the U.S. Trade Representative’s Office (USTR), hailing her as an exemplary choice for the crucial position. In a statement issued by NCTO President and CEO Kim Glas, Katherine White's appointment was celebrated as a significant step forward for the textile industry. White's extensive background in manufacturing policy and expertise in textile-related trade issues, highlighted by her previous roles as an International Trade Policy Advisor on the House Ways and Means Committee, as well as positions at the U.S. Department of Commerce and the White House, positions her as an ideal candidate for the role.

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Brazil's Cotton Industry Booms Despite Challenges: A Look into Record Production and Market Dynamics

Brazil's cotton sector is experiencing a remarkable expansion, poised for a record-breaking production season in 2023-24, despite encountering certain challenges along the way. Recent estimates from the Centre for Advanced Studies on Applied Economics (CEPEA) reveal promising growth prospects, underpinned by a surge in cultivation areas and robust export performance.

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USDA Weekly Report: US Cotton Export Sales Decline

In the latest weekly report released by the United States Department of Agriculture (USDA), it was revealed that net cotton export sales of Upland for the week ending on March 29th to April 4th, 2024, amounted to 81,500 RB (running bales of 226.8 kg or 500 pounds) for the 2023-24 season. This figure represented a 4% decrease from the previous week and a 10% decline from the prior 4-week average. While the decline in US cotton exports was limited during this week, the continued slowdown in export sales is viewed as a negative factor for the market.

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