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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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