National Council of Textile Organizations Addresses Challenges Facing U.S. Textile Industry

Norman Chapman, Chairman of the National Council of Textile Organizations (NCTO), delivered a sobering assessment of the state of the U.S. textile industry during the organization's 20th Annual Meeting on April 11th. Chapman's address shed light on the significant economic hurdles confronting the industry, exacerbated by predatory trade practices and customs fraud that threaten the integrity of the domestic supply chain.

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Brazil's Cotton Export Surges Amidst Domestic Market Challenges

Despite facing sluggish conditions in the domestic market, Brazil's cotton exports are experiencing a notable increase, reports the Centre for Advanced Studies on Applied Economics (CEPEA). The country's exporters are capitalizing on the robust international demand amidst reduced market activity at home.

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Brazilian Cotton Prices Experience 2.18% Surge in Mid-February

Amidst a volatile mid-February market, cotton prices in Brazil have witnessed a notable surge, settling at BRL 4 per pound. According to the latest report from the Center for Advanced Studies on Applied Economics (CEPEA), the CEPEA/ESALQ Index for cotton recorded a significant 2.18% increase from January 31 to February 15, reaching BRL 4.0745 per pound on February 15.

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