AGP Executive Report
Last update: 7 hours agoUS Tariff Shock for Textiles: The U.S. is proposing 12.5% duties on India and other countries under forced-labour trade probes, while India says talks and a framework for a trade deal are still moving—exporters are especially worried about China being hit too. Bangladesh Power Cost Pressure: Bangladesh raised electricity tariffs (retail +16.68%, wholesale +19.85%), a direct hit for electricity-heavy textile and garment firms already squeezed by costs and weak demand. Cotton Market Watch: ICE cotton futures eased as a stronger U.S. dollar hurt export competitiveness, even as improved U.S. rainfall lifted crop prospects. Circularity & Waste: Navi Mumbai is pushing recycling plans including textile waste processing and recovery of plaster-of-paris idols under new solid waste rules. Textile Craft Spotlight: Türkiye’s denim weaving is showcased at ITM 2026 in Istanbul, highlighting efficiency and higher-value production as mills adapt. USDA Cotton Push: USDA elevated its “Plant Not Plastic” push via the Great American Cotton Plan to boost demand for U.S.-grown cotton and revive domestic textile manufacturing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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