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Global cotton benchmarks mostly steady as supply outlook improves

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Global cotton benchmarks mostly steady as supply outlook improves



Global cotton benchmarks remained largely stable with a slight upward bias over the past month, according to the latest market outlook from Cotton Incorporated.

Prices for the nearby May contract on Intercontinental Exchange (ICE) traded within a narrow band of 64–66 cents per pound during the period. Meanwhile, the December ICE futures contract followed a gradual upward trend since early February, rising from below 68 cents per pound to above 70 cents recently.

Global cotton benchmarks remained mostly steady over the past month, with slight gains in key indices, according to Cotton Incorporated.
ICE May futures traded between 64–66 cents per pound, while the Cotlook A Index rose to 75 cents.
Higher global production forecasts and fluctuations in Chinese import demand continue to shape the outlook for cotton prices.

The global benchmark Cotlook A Index also edged higher from 73 to 75 cents per pound. In China, the China Cotton Index 3128B increased from 104 to 109 cents per pound, equivalent to a rise from 16,000 to 16,600 RMB per tonne.

In contrast, cotton prices in India slipped slightly from 76 to 74 cents per pound over the past month, while prices in Pakistan remained broadly stable near 68 cents per pound.

On the supply side, the latest outlook from the US Department of Agriculture (USDA) raised the forecast for global cotton production in the 2025-26 season by 1.1 million bales to 121 million bales, while world mill consumption was reduced marginally by 140,000 bales to 118.6 million bales. The revisions lifted projected global ending stocks by 1.3 million bales to 76.4 million as per Cotton Incorporated’s Monthly Economic Letter – Cotton Market Fundamentals & Price Outlook – March 2026.

The largest upward revisions to production were recorded in Brazil and China, while smaller adjustments were made for Argentina. Global cotton trade forecasts were also increased by 200,000 bales to 43.9 million bales.

Market analysts noted that shifts in Chinese import demand remain a major driver of global cotton price movements. Large swings in imports by China have historically influenced exportable supply and global prices, with past surges pushing ICE futures above 90 cents per pound.

Although China’s domestic production has improved significantly over the past decade, supported by higher yields and expanded cultivation, its import requirements are still expected to influence the market. The USDA’s preliminary forecast projects Chinese cotton imports at about 7 million bales in the 2026–27 season.

Fibre2Fashion News Desk (CG)



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Hormuz crisis: Story update on energy and textile costs

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Hormuz crisis: Story update on energy and textile costs




The Hormuz disruption has triggered the sharpest textile supply shock since COVID-19.
Ship transits collapsed 97 per cent, Brent crude rose 26 per cent, and polyester feedstocks jumped 25–40 per cent, pushing global textile production costs up 10–15 per cent.
With polyester accounting for ~59 per cent of global fibre output, energy volatility is rapidly transmitting into apparel costs.



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Design and innovation power VIATT 2026’s ASEAN reach

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Design and innovation power VIATT 2026’s ASEAN reach



At its third edition, the Vietnam International Trade Fair for Apparel, Textiles, and Textile Technologies (VIATT) further reinforced its role as a key sourcing and business platform for ASEAN’s textile industry. The three-day fair welcomed over 17,000 visits from 54 countries and regions, and featured over 460 exhibitors from 21 countries and regions across 18,000 sqm. The 2026 edition was marked by the introduction of new international pavilions and zones, broadening the fair’s sourcing scope across new geographies and product categories. The fringe programme, headlined by the debut Trend Forum, further distinguished VIATT as the region’s most integrated textile trade platform – uniquely spanning the entire value chain.

“This exhibition takes place at a time when Vietnam’s textile and garment industry is entering a new phase of development – shifting from extensive to intensive growth, from contractual manufacturing to higher value-added production, and from traditional production models to green and smart manufacturing,” said Mr Bui Quang Hung, Deputy Director General of VIETRADE, at the fair’s opening ceremony. “VIATT 2026 encourages leading global brands to transfer technology, share management expertise, and engage in the development of domestic raw material supply chains.”

VIATT 2026 strengthened its role as a key ASEAN textile sourcing hub, attracting over 17,000 visits from 54 countries and 460 exhibitors across 21 nations.
New international pavilions, specialised zones, and the debut Trend Forum expanded global participation and industry dialogue, showcasing innovation, sustainability, and collaboration across the textile value chain.

Reflecting on this edition’s achievements, Ms Wilmet Shea, General Manager of Messe Frankfurt (HK) Ltd, said: “With each edition, VIATT has grown in both depth and breadth – not just as a sourcing platform, but as a space where the industry comes together to shape the future of the textile industry across the ASEAN region. The response from exhibitors and visitors alike reflects a growing recognition of what this fair uniquely offers: a holistic view of the entire value chain in three textile sectors, underpinned by a shared commitment to design, sustainability, and international collaboration.”

A focal point within the returning European Zone – which also spotlighted leading exhibitors from Italy, Switzerland, Türkiye, and the UK – the German Pavilion offered buyers direct access to a comprehensive range of well-engineered products and solutions, with a strong emphasis on quality, compliance, and time-proven manufacturing excellence. Complementing this, the inaugural Türkiye Zone made its debut at the fair, further broadening the European sourcing landscape and introducing a new dimension of textile expertise to VIATT’s growing international offering.

Suppliers from across the value chain made valuable connections at the show

A key exhibitor from the German Pavilion, Ms Chixian Zhao, Deputy General Manager of Ibena Shanghai Technical Textiles (Technical Textiles & Technologies), shared: “We focus on technical textiles, especially flame-retardant fabrics for firefighters and emergency response, but also chemical protection workwear and EV fire protection. The German Pavilion’s design is simple and beautiful, while the concept is valuable and well-arranged, including matching us with VIP buyers, and introducing our company onstage – which drew additional visitors to our booth. We have connected with some Vietnamese firefighter agencies, while I’m very pleasantly surprised to find many overseas buyers who have factories or supply chain segments in Vietnam.”

Exhibitors across all three sectors responded positively to the fair’s international atmosphere and diverse visitor profile. Ms Kiki Chen, Global Marketing Communications Manager, Covation Biomaterials LLC (Apparel Fabrics & Fashion; USA) highlighted the fair’s global reach: “The Southeast Asian and Vietnamese markets are gaining traction, and VIATT has helped us connect with several international brands, including Inditex, PVH, and Sneakers Group, as well as some fabric and garment manufacturers and traders. It is the most international fair I’ve exhibited at for two years, and we met high-quality buyers and contacts from the US, Europe, Southeast Asia, China and more.”

Mr Xavier Leite, President of Home from Portugal (Home & Contract Textiles), echoed this sentiment from the home textiles perspective: “As an association promoting Portuguese textiles for home and contracting, we aim to reach new markets and buyers who appreciate medium-high to high-end products. VIATT offers us a chance to display our products alongside competitors from various countries, many of whom already buy from Portugal. We’ve made valuable contacts at this year’s show – visitors appreciate the uniqueness of our high-quality, niche market products.”

For another returning exhibitor, VIATT’s unique three-sector format proved a key draw. Mr Ezra Clarence, Marketing Manager, PT Kary Indomas Elok (Apparel Fabrics & Fashion; Indonesia), noted: “We are showcasing products mainly for clothes, stuffed toys, and home furniture. VIATT combines three sectors together which is a perfect match for us and helps us reach new potential customers. We want to export to the US and Europe as well and we met such targeted customers here. Our A/W collections got attention from big clients such as GAP and Carter’s.”

 Mr James Jing, Vietbac Textile Printing and Dyeing Co Ltd (Apparel Fabrics & Fashion; Vietnam) added: “This is our second time at VIATT, and during this edition we’ve met new quality international clients with offices in Vietnam. The Southeast Asian market is gaining traction, and recent tax reductions in Vietnam encourage European customers to order from here. We value the fair’s international and professional atmosphere and are pleased with the buyer quality and footfall. We plan to return in 2027.”

The fair’s new Textile Chemicals & Dyes Zone also drew positive responses. Mr David YT Kweon, General Manager of Korea / Vietnam Market, Colourtex Industries (Technical Textiles & Technologies; India), shared: “In the textile industry, not just fabrics and filaments but chemical factors – especially dyes and chemical additives – are very important, as all fibres need to be dyed. When companies from multiple sectors are concentrated in one place, there are more opportunities to exchange and share ideas, which positively affects our business activities.”

First-time exhibitors were equally enthusiastic. Mr Nattapong Tummachudpong, Chief Executive Officer, Double Star Industry (Home & Contract Textiles; Thailand), remarked: “We are a fully vertical integrated company starting from spinning, weaving, dyeing, finishing. The ASEAN market has been growing rapidly, and we think that we have a lot of things to offer to the global market. It’s our first time joining this fair and I think we get to explore a lot of opportunities, to see new faces in the market, and to talk to some of the potential customers. I think that’s the start of a great business to come.”

Drawn by VIATT’s diverse and extensive offerings, 10 buyer delegations from eight countries and regions sourced at the fair, whilst VIP buyers from renowned brands including Adidas, An Phuoc, Gap, H&M, Ivy Moda, Lululemon, Muji, Nitori, Osprey, Perry Ellis, and many more, also met with exhibitors to further promote business exchange. 

Visitors’ comments

“As a Canadian-owned company, we partner with many strategic vendors in Vietnam. What’s quite unique about this country is seeing that transition towards more innovative qualities; moving away from just volume towards material differentiation. This fair is very important because for a lot of brands, it’s important to look at the entire value chain. From a traceability perspective, it is invaluable to have insight into your yarn supplier, the yarns being used in your fabrics, and ultimately your garment suppliers. That’s one thing I found especially helpful at VIATT 2026.”

Mr Wiliam Yip, Raw Materials Lead, Mountain Equipment Company, Canada

“There are many suppliers from different countries and a wide choice of raw materials such as fabrics, as well as many new techniques. For example, Thailand has a supplier with new improvements in towel materials and double-layer towel technology, which is very impressive and especially suitable for Vietnam.”

Ms Nancy Le, Vice Director, GM Corp., Vietnam

“Our company has around 68 offices across 60 countries, supplying a wide range of products including garments, plastics, and household products. I came to VIATT to source directly from manufacturers and special materials that we can nominate for our suppliers. I have already identified some textile sourcing options from India and China, and I am very satisfied with the experience.”

Ms Do Chung Tu, Senior Sourcing Merchandiser, Link Worldwide, Vietnam

“We are a team of around 15 buyers who have come from India, representing customers from South Africa, the US, Europe, and other parts of the globe. We are at VIATT 2026 to find some newness in fabrics and good garment manufacturers – we have already met some interesting Vietnamese and Chinese suppliers at the fair, and we also look forward to seeing more. I have been visiting this country for many years; the design trends here are very different and interesting.”

Mr Sanjeev Jain, President and CEO, TQM Global Buying (Sourcing Professionals Alliance), India

Beyond the show floor, VIATT 2026 offered an expanded fringe programme designed to share trends, insights, and strategies with global industry players, bringing international perspectives to educate and inspire the local and regional markets. Key events included the inaugural Trend Forum, the Vietnam Textile & Garment Industry Development Strategy Summit (VTGIS), and the Textile Industry Exchange, alongside a series of seminars, panel discussions, workshops, and three captivating fashion shows that blended local and international perspectives.

Speakers’ insights

“Southeast Asia is no longer just a manufacturing alternative – it is becoming a strategic innovation hub. By integrating fashion, home textiles, and technology into one conversation, the fringe programme reflects how the industry operates today, as innovation increasingly happens between categories. Through talks, forums, and curated spaces, the Trend Forum allows trend content to go beyond visual inspiration, helping exhibitors and visitors move from trend-following to trend understanding.”

Mr Kai Chow, Lead Curator, VIATT Trend Forum and Creative Director of MUSEATIVE

“The fashion show helps us a great deal because we are not yet known in this country, and what we are looking for is a distributor or licensee who would be interested in distributing our brand here. We see Vietnam as a market with huge potential, and it is obviously the best place to be. Having started our distribution in Korea last year, Vietnam would be our second country in Asia, and the development of our brand throughout the region is exactly what we are working towards.”

Mr Hervé Coulombel, President and CEO of Royal Mer, France

“Digital transformation is no longer optional. Especially for 3D design, AI-assisted development and virtual collaboration are now becoming a standard tool to reduce waste, shorten lead time, and improve global communication. We encourage companies to adopt those these workflows early, so they will get a competitive advantage in cost, speed, and sustainability, and we wanted to give our audience a clearer picture of how AI can integrate into their production. They were really interested as it can help them reduce costs and build up the necessary strategic tools for sustainable growth.”

Ms Kathy Pham, Associate, Business Development, CLO, Vietnam

The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is organised by Messe Frankfurt (HK) Ltd and the Vietnam Trade Promotion Agency (VIETRADE). 

VIATT 2027 will be held from 24 – 26 February 2027.

Other upcoming shows:

Intertextile Shanghai Apparel Fabrics – Spring Edition / Yarn Expo Spring / Intertextile Shanghai Home Textiles – Spring Edition

11 – 13 March 2026, Shanghai

Intertextile Shenzhen Apparel Fabrics / Yarn Expo Shenzhen
9 – 11 June 2026, Shenzhen (Futian)

Intertextile Shanghai Home Textiles – Autumn Edition

18 – 20 August 2026, Shanghai

Intertextile Shanghai Apparel Fabrics – Autumn Edition / Yarn Expo Autumn 

25 – 27 August 2026, Shanghai

Cinte Techtextil China

1 – 3 September 2026, Shanghai

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (MS)



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US inflation rises 0.3% MoM in Feb, annual inflation steady at 2.4%

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US inflation rises 0.3% MoM in Feb, annual inflation steady at 2.4%



The US Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 per cent month on month (MoM) in February on a seasonally adjusted basis, following a 0.2 per cent rise in January, according to the US Bureau of Labor Statistics (BLS). On a year-on-year (YoY) basis, overall inflation remained unchanged at 2.4 per cent.

Energy prices rebounded in February, rising 0.6 per cent after falling 1.5 per cent in January. Gasoline prices increased 0.8 per cent over the month, while natural gas prices rose 3.1 per cent. Electricity prices, however, declined 0.7 per cent during the same period, BLS said in a press release.

US consumer prices rose 0.3 per cent MoM in February, with annual inflation steady at 2.4 per cent. Energy prices increased 0.6 per cent as gasoline and natural gas rose, though electricity declined.
Core inflation edged up 0.2 per cent.
Apparel and household furnishings recorded gains.
The CPI-U index rose 0.5 per cent before seasonal adjustment to 326.785.

Core inflation, which excludes the more volatile food and energy categories, rose 0.2 per cent in February after a 0.3 per cent increase in January. Within the core basket, notable monthly increases were recorded in apparel, household furnishings and operations.

On an annual basis, the core CPI also increased 2.5 per cent in the 12 months ending February, unchanged from January.

Within the energy category, electricity prices were 4.8 per cent higher compared with a year earlier, and natural gas prices surged 10.9 per cent. Gasoline prices, however, fell 5.6 per cent over the same period.

Before seasonal adjustment, the CPI-U increased 0.5 per cent in February, bringing the overall index level to 326.785, as per the release by BLS.

Fibre2Fashion News Desk (SG)



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