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Covid-19 weighs on cotton prices as clothing spend slows

2020-05-14 13:18:00| Daily apparel & textile news and comment - from just-style.com

Despite the effects of Covid-19 on the global economy, cotton prices made some gains over the last month, but with clothing spend down the outlook for pricing is uncertain, new figures show.

Tags: prices clothing spend cotton

 

Saudi Arabia Deepens Oil Cuts as Weak Demand Weighs on Prices

2020-05-11 17:01:40| OGI

Kingdom says it will reduce output by another 1 MMbbl/d in June.

Tags: prices oil demand weak

 
 

Export collapse weighs on China factory activity in April

2020-05-05 17:34:00| Daily apparel & textile news and comment - from just-style.com

A sharp fall in export orders as the Covid-19 pandemic caused global demand to slump meant factory activity in China contracted in April.

Tags: april china activity export

 

US Weighs Taking Equity Stakes in US Energy Companies

2020-04-24 23:35:00| OGI

The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation's oil and gas sector amid the coronavirus outbreak, Treasury Secretary Steven Mnuchin says.

Tags: companies taking energy equity

 

Rise in payment delays weighs on Bangladesh factories

2020-03-17 11:33:00| Daily apparel & textile news and comment - from just-style.com

Garment manufacturers in Bangladesh are seeing an influx of requests for payment delays from buyers as a result of the ongoing global coronavirus outbreak.

Tags: payment rise bangladesh delays

 

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