Copyright (c) 2026. All rights reserved by www.fibre2fashion.com https://www.fibre2fashion.com/news/textile-news Free Textile News - Textiles RSS XML Feeds - Fibre2fashion Textile, Fashion, Apparel and Retail Industry across the world - Fibre2fashion.com en-us Thu, 18 Jun 2026 14:58:02 GMT 1 142 18 https://www.fibre2fashion.com https://www.fibre2fashion.com/images/logo_f2f.gif https://www.fibre2fashion.com/news/textile-news/ice-cotton-extends-rally-for-fifth-day-on-strong-december-buying-311078-newsdetails.htm ICE cotton futures rose for a fifth consecutive session, driven by speculative buying, short covering, and strong call-option activity. The benchmark December 2026 contract settled at 79.79 cents per pound, close to the key 80-cent level. Rising open interest, robust options trading and firm deferred spreads reflected growing confidence in higher cotton prices. Textiles 311078 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/itm-2026-concludes-with-strong-global-participation-311075-newsdetails.htm ITM 2026, held in Istanbul alongside HIGHTEX 2026, welcomed 48,257 professional visitors from 105 countries and featured over 1,000 exhibitors from 59 nations. The exhibition generated strong machinery sales, investment discussions and international partnerships. Sustainability, automation, digitalisation and AI-driven textile technologies emerged as key areas of visitor interest. Textiles 311075 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/china-s-hainan-free-trade-port-sees-120-rise-in-zero-tariff-imports-311076-newsdetails.htm Hainan Free Trade Port’s zero-tariff imports surged 120 per cent to 2.65 billion yuan after island-wide customs reforms launched on December 18. Total trade rose 54.6 per cent, supported by faster clearance, expanded tariff exemptions, and growing enterprise registrations, highlighting strong momentum in the region’s opening-up and industrial expansion. Textiles 311076 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/us-iran-sign-pact-to-end-middle-east-conflict-311074-newsdetails.htm Presidents Donald Trump and Masoud Pezeshkian have signed a pact to end the Middle East conflict and revive talks on Iran’s nuclear programme. Tehran will reduce its enriched uranium in return for relief from US sanctions. The deal comes into force immediately and sets a 60-day timeline for talks on a long-term settlement. Iran can resume unrestricted oil exports and the Strait of Hormuz will reopen. Textiles 311074 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/naphtha-prices-ease-further-offering-cost-relief-to-textile-producers-311073-newsdetails.htm Global naphtha prices fell sharply in early June as lower crude oil costs, improved supply availability and easing geopolitical tensions reduced pressure across petrochemical markets. Prices declined by over 10 per cent week on week and more than 30 per cent from mid-May levels in key Asian markets. Softer naphtha costs may ease input expenses for polyester and synthetic fibre producers. Textiles 311073 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/trump-modi-call-for-commercially-meaningful-bilateral-trade-pact-311072-newsdetails.htm PM Narendra Modi yesterday met President Donald Trump on the margins of the G7 Summit in Evian, and both instructed their officials to work towards a balanced, mutually-beneficial and commercially meaningful bilateral trade pact. USTR Jamieson Greer will visit India next week in this connection. Modi also met top EU leaders, and they stressed on the quick signing and implementation of the India-EU FTA. Textiles 311072 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/india-uk-trade-pact-to-enter-into-force-on-july-15-311071-newsdetails.htm Indian PM Narendra Modi has expressed delight that the India-UK Comprehensive Economic and Trade Agreement will enter into force on July 15. “This agreement will significantly boost our bilateral trade and investment,” he said. He met UK PM Keir Starmer on the sidelines of the G7 Summit in Evian, and both reaffirmed shared commitment to further strengthen the India-UK Comprehensive Strategic Partnership. Textiles 311071 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/euro-area-labour-costs-rise-3-2-in-q1-eu-records-3-6-increase-311059-newsdetails.htm Hourly labour costs increased 3.2 per cent year on year in the euro area and 3.6 per cent in the EU in Q1 2026, driven by higher wage and non-wage expenses. Construction recorded the strongest growth among major sectors, while Hungary, Bulgaria, and Croatia posted the largest increases in hourly wage costs across member states, Eurostat reported. Textiles 311059 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/euro-area-economic-index-drops-0-3-in-may-amid-weak-sentiment-tcb-311054-newsdetails.htm The Conference Board’s Leading Economic Index (LEI) for the Euro area fell 0.3 per cent in May 2026, marking its third consecutive monthly decline and signalling continued pressure on economic activity. Weak consumer, services and industrial-sector expectations weighed on the index. However, financial indicators helped limit the decline. It forecasts Euro area real GDP growth of 1 per cent in 2026. Textiles 311054 Thu, 18 Jun 2026 14:58:02 GMT https://www.fibre2fashion.com/news/textile-news/industrial-production-inches-higher-across-eu-euro-area-in-april--311052-newsdetails.htm Industrial production in both the euro area and the EU rose 0.1 per cent in April 2026 from March, while increasing 0.3 per cent and 0.9 per cent year on year, respectively. Growth was driven by non-durable consumer goods and intermediate goods. Malta, Sweden and the Netherlands recorded the strongest monthly gains, while Denmark led annual growth at 12.2 per cent. Textiles 311052 Thu, 18 Jun 2026 14:58:02 GMT