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Global cotton trade down as Chinese imports slump 65% in 2024-25: ICAC

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Global cotton trade down as Chinese imports slump 65% in 2024-25: ICAC



World cotton lint production for 2025 is estimated at 25.4 million tonnes, nearly unchanged from the previous season, surpassing global consumption by 392,000 tonnes, according to the International Cotton Advisory Committee (ICAC). Global trade fell 7.4 per cent to 9.1 million tonnes in 2024-25, mainly due to a 65 per cent decline in China’s imports, offsetting gains elsewhere.

Tariff escalations have reshaped trade flows and forecasts, with lingering impacts expected into coming seasons. For 2025-26, global cotton area is projected at 30.4 million hectares, with yields averaging 835 kg per hectare—slightly above the decade average. Consumption will continue to be led by China (32 per cent), followed by India, Pakistan, Bangladesh, and Turkiye, together accounting for 76 per cent of global use, the ICAC said in a press release.

Global cotton lint output for 2025 is estimated at 25.4 million tonnes, steady from last season and exceeding consumption by 392,000 tonnes, ICAC has said.
World trade fell 7.4 per cent to 9.1 million tonnes due to a sharp 65 per cent drop in Chinese imports.
For 2025-26, area and yields remain stable, while Cotlook A Index is forecast between 62–91 cents per pound, with a midpoint of 74 cents.

Additionally, in the 2025-26 season, the top cotton lint producers are estimated to remain the same as last season, with slight changes in their world market share.

ICAC forecasts the Cotlook A Index for 2025-26 in the range of 62–91 cents per pound, with a midpoint of 74 cents, based on current supply and demand conditions.

Fibre2Fashion News Desk (KD)



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EU clears $6.5 bn Italy renewable hydrogen support scheme

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EU clears .5 bn Italy renewable hydrogen support scheme



The European Commission has approved a €6 billion (~$6.5 billion) Italian state aid scheme to boost renewable hydrogen production for transport and industrial use, aligning with the EU Hydrogen Strategy and Clean Industrial Deal. The programme targets an annual output of 200,000 tonnes, covering hydrogen produced via renewable-powered electrolysis as well as biogenic and thermochemical processes.

Support will be provided through two-way contracts for difference, where a competitively determined strike price ensures revenue stability. If alternative fuel prices fall below this level, the Italian government will compensate producers; if they exceed it, producers will repay the difference. The scheme will run until 31 December 2029.

The European Commission has approved a €6 billion (~$6.5 billion) Italian state aid scheme to produce 200,000 tonnes of renewable hydrogen annually.
Using contracts for difference, the programme will support decarbonisation in transport and industry by ensuring price stability, while promoting investment, competitiveness, and emissions reduction across high-impact sectors.

The Commission concluded that the measure is necessary, proportionate, and incentivises investment that would not occur without public support. It also found that the environmental benefits, particularly in reducing emissions from hard-to-abate sectors, outweigh potential competition distortions.

Fibre2Fashion News Desk (JP)



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Apparel retailer Uniqlo signs landmark deal with Los Angeles Dodgers

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Apparel retailer Uniqlo signs landmark deal with Los Angeles Dodgers



The Los Angeles Dodgers and global apparel retailer UNIQLO have agreed to a historic partnership, through which the two leaders will work together closely for the benefit of the Dodgers, their fans and UNIQLO customers everywhere, and the broader Los Angeles community. The partnership agreement includes a display of the name “UNIQLO Field at Dodger Stadium” in the ballpark.

Bringing together two world-class brands, each with loyal supporters around the globe, the alliance is the first major sports partnership for UNIQLO in the United States. Under the agreement, UNIQLO will have naming displays in various stadium locations including above the batter’s eye in center field, on the facade beneath the press box, and on the grass along the baselines.

“With UNIQLO, we have established a historic partnership that we’re very proud to present in our ballpark,” said Stan Kasten, President & CEO, Los Angeles Dodgers. “UNIQLO is as distinguished in their field as the Dodgers are on ours. Both organizations aspire to be global leaders and to set the standard in our respective industries and communities.”

The Los Angeles Dodgers and Uniqlo have formed a landmark partnership featuring prominent “Uniqlo Field at Dodger Stadium” branding across the venue.
The collaboration, Uniqlo’s first major US sports deal, will include fan events, LifeWear giveaways, and dedicated in-store displays in California to strengthen engagement with both Dodgers fans and Uniqlo customers.

Commenting on the news, Tadashi Yanai, UNIQLO Founder and Fast Retailing Group Chairman, said, “It is a great honor to partner with the Los Angeles Dodgers – such a prestigious, world-class team that innovates with the times. For everyone at UNIQLO, this is a dream partnership that brings people everywhere together. Like the Dodgers, UNIQLO aims to be No. 1 in the world. We look forward to teaming with the Dodgers to deliver new value to fans and customers in Los Angeles and the United States as we continue our work to become the most loved and most trusted brand here and around the world.”

With a scope wider than typical sports sponsorships, the new partnership includes:

A focus on Dodgers fans

An in-stadium event will be hosted early in the coming season at UNIQLO Field at Dodger Stadium. This will be a large-scale event, introducing UNIQLO to thousands of Dodgers fans with giveaways of UNIQLO LifeWear items.

Efforts to engage UNIQLO customers

UNIQLO plans to create dedicated in store spaces at select locations in California, with a focus on the Los Angeles area, to showcase and promote the partnership.

A genuine commitment to the Los Angeles community

Joint contributions to the community will be an ongoing priority of the partnership. UNIQLO and the Dodgers are now working on a range of community-impact initiatives that specifically benefit the citizens and communities of Los Angeles, with a key focus on the next generation. Details will be announced around May.

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 (RM)



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New Zealand’s apparel imports down 11% to $216 mn in Jan-Feb

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New Zealand’s apparel imports down 11% to 6 mn in Jan-Feb



Total apparel imports (HS ** and ** combined) stood at NZ$***.** million (~$***.** million) in January–February ****, down from NZ$***.** million in the same period of ****, marking a decline of **.* per cent year on year.

The country’s imports of knitted apparel (HS **) fell to NZ$***.** million (~$***.** million) in the first two months of current year, compared with NZ$***.** million a year earlier, registering a decline of **.** per cent. Similarly, non-knitted apparel (HS **) imports dropped to NZ$***.** million (~$**.** million) from NZ$***.** million, reflecting a decrease of **.** per cent. The parallel contraction across both segments indicates broad-based weakness in garment imports rather than category-specific pressure.



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