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ICE cotton slips on profit booking, crude oil weakness

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ICE cotton slips on profit booking, crude oil weakness



ICE cotton futures paused their rally and moved lower on Wednesday due to profit booking. Falling crude oil prices also put additional pressure on US cotton, although the broader grain market saw gains in US trading. Traders are awaiting the US cotton export sales report, due on Thursday.

ICE’s most active December 2025 contract settled at 67.73 cents per pound (0.453 kg), down 0.66 cent (0.97 per cent). The contract had gained 163 points, closing 2.4 per cent higher at a two-week high on Tuesday. The December contract opened Wednesday’s session at its highs but quickly turned lower. Selling pressure persisted throughout the day, and prices ended near the session’s low.

ICE cotton futures retreated on August 13, 2025, as profit booking and falling crude oil prices pressured the market.
The most active December 2025 contract fell 0.97 per cent to 67.73 cents per pound after hitting a two-week high the previous day.
Analysts called the drop a brief pause following recent gains, with US export sales remaining average.

Total trading volume was reported at 66,731 contracts, slightly below the previous day’s 74,011 contracts. According to ICE data, deliverable stocks of No. 2 cotton remained unchanged at 18,242 bales as of August 12, 2025.

Market analysts noted that the market had moved dramatically over the past two days, describing the August 13 pullback as a brief pause following a positive report. Recent US export sales have been average—neither poor nor exceptional—and are expected to maintain this pattern.

In the broader commodity complex, soybeans finished higher, marking gains in four of the past five sessions. Corn prices barely edged above Tuesday’s contract low, while wheat futures set a new contract low.

In US equities, the NASDAQ Composite and S&P 500 Index both reached new all-time highs for the second consecutive day, while the Dow Jones Industrial Average recorded its third-highest close on record.

Energy markets saw NYMEX crude oil futures fall to a more than two-month low, making petroleum-based polyester fibre relatively cheaper for textile producers compared to cotton.

As of the latest trade, ICE cotton for December 2025 was at 67.59 cents per pound (down 0.14 cent), cash cotton at 65.16 cents (down 0.66 cent), the October 2025 contract at 66.41 cents (down 0.66 cent), the March 2026 contract at 69.16 cents (down 0.16 cent), the May 2026 contract at 70.42 cents (down 0.13 cent), and the July 2026 contract at 71.18 cents (down 0.13 cent). A few contracts remained at their previous closing levels, with no trading recorded today.

Fibre2Fashion News Desk (KUL)



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Bangladesh’s RMG exports up 4.7% in Q1 FY26, but Sept shipments dip

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Bangladesh’s RMG exports up 4.7% in Q1 FY26, but Sept shipments dip



Woven garment exports slightly outpaced knitted garment exports in terms of growth. Knitwear exports (Chapter **) rose by *.** per cent to $*.*** billion, compared to $*.*** billion in the same period of fiscal ******. Woven apparel exports (Chapter **) increased by *.** per cent to $*.*** billion, up from $*.*** billion in July–September ****, EPB data showed.

Home textile exports (Chapter **, excluding ******) also grew, rising by *.** per cent to $***.** million, compared to $***.** million in the same period of the previous fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for **.** per cent of Bangladesh’s total exports, which stood at $**.*** billion during the period. Higher demand for diversified and value-added textile products supported this growth.



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Dutch manufacturing flat in August, up 1.7% from July: CBS

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Dutch manufacturing flat in August, up 1.7% from July: CBS



In August 2025, the calendar-adjusted output of the Dutch manufacturing sector was at the same level as in August 2024, according to Statistics Netherlands (CBS). Output was down in slightly more than half of the underlying sectors.

Slightly more than half of the various industrial sectors produced less than they did one year previously. Of the eight largest industrial sectors, output rose the most sharply in the repair and installation of machinery, while it fell the most sharply in the transport equipment industry.

A more accurate picture of changes in short-term output is obtained when the figures are adjusted for seasonal effects and the working-day pattern. After adjustment, manufacturing output rose by 1.7 per cent in August relative to July, CBS said in a press release.

In August 2025, Dutch manufacturing output remained unchanged year-on-year, although output declined in over half of the industrial sectors.
After seasonal adjustment, output rose by 1.7 per cent compared to July.
The strongest growth was seen in the repair and installation of machinery, while transport equipment recorded the sharpest decline.

After adjusting for seasonal and working-day effects, manufacturing output often fluctuates significantly. In the spring of 2020, output declined rapidly, reaching a low point in May 2020. This was followed by an upward trend until May 2022. The trend has reversed since then.

Producer confidence was less negative in September than it was in August. Manufacturers were more positive regarding output for the next three months, in particular.

Germany is an important market for the Dutch manufacturing sector. In September, German manufacturers were more negative than they were in August, as reported by Eurostat. In August, the calendar-adjusted output of the German manufacturing sector was down by 5.1 per cent, year on year. Relative to July, output fell by 5.5 per cent, as reported by Destatis.

Fibre2Fashion News Desk (RR)



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ADB commits $82.5 mn to drive Cambodia’s energy transition

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ADB commits .5 mn to drive Cambodia’s energy transition



The Asian Development Bank (ADB) has approved the second phase of Cambodia’s Energy Transition Sector Development Programme (ETSDP) for $82.5 million. Cofinanced by the ASEAN Infrastructure Fund, the Asia–Pacific Climate Finance Fund, the Green Climate Fund, and the United Kingdom through the ASEAN Catalytic Green Finance Facility, the programme aims to provide comprehensive support for the country’s clean energy transition by combining policy reforms with investment projects in new technologies.  

The first subprogramme, approved in 2022, introduced pivotal policy measures that guided the energy sector toward a more efficient and renewable development pathway. Building on this foundation, subprogramme 2 advances regulatory reforms to strengthen the energy efficiency framework and enhance policy clarity to attract private sector investment. A key milestone under the subprogramme is the introduction of the country’s first set of regulations establishing Minimum Energy Performance Standards for electrical appliances, starting with air conditioners, which account for the largest share of energy consumption in the residential sector, ADB said on its website.

Subprogramme 2 will also establish an Energy Efficiency Revolving Fund aimed at facilitating access to finance for local small and medium-sized enterprises (SMEs) to invest in energy-efficient technologies. The revolving fund will be set up through a financial intermediation structure to enable local banks to extend loans to SMEs for energy efficiency investments. By mobilizing domestic financial institutions and supporting SMEs, the revolving fund is expected to accelerate the nationwide scale-up of energy efficiency investments.

Asian Development Bank (ADB) has approved $82.5 million for Phase 2 of Cambodia’s Energy Transition Sector Development Programme to support clean energy through policy reforms and investments.
The programme introduces energy efficiency standards, establishes a revolving fund for SME financing, and also aims to attract private investment.

“ADB is honoured to support Cambodia in its ambitious and transformative journey in the energy sector. Through a comprehensive reform package, combining policy support with strategic investments, the Energy Transition Sector Development Programme will support turning the government’s ambitious vision into reality,” said ADB acting country director for Cambodia Anthony Gill. “This includes the goal of achieving 70 per cent renewable energy in the power mix by 2030, along with a strong commitment to advancing energy efficiency, which is essential to ensure that Cambodia’s growth remains both sustainable and affordable.”

Subprogramme 2 will be followed by a third phase in 2027, which will further deepen reforms by expanding the energy efficiency regulatory framework and introducing technical standards for renewable energy, buildings, and industry to further attract private sector investment.

Fibre2Fashion News Desk (RR)



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