AGP Executive Report
Last update: 7 hours agoTrade & Logistics: Nigeria’s exporters say a new Nigeria–East and Southern Africa air cargo corridor under AfCFTA is cutting shipping costs by up to 75%, boosting competitiveness for agro-processed goods, cosmetics, and textiles/fashion. Circular Materials & Recycling: PureCycle’s Thailand unit cleared for a Rayong polypropylene recycling plant via Thailand’s FastPass programme, aiming to feed recycled PP into apparel and technical textiles; Loop Industries also signed an MoU for its first commercial recycled PET plant in India (Gujarat). Industry Finance: Nandan Denim shares rose after FY26 profitability held steady as costs fell, despite weaker stock sentiment. Textile Innovation & Policy: China’s textile access now hinges on green-chemistry proof, while EDANA’s INDEX 26 in Geneva wrapped with strong nonwovens turnout and a push toward circular design and lower carbon footprints. Regional Manufacturing: Azerbaijan inaugurated the “Garabagh Textile House” in Khojaly, targeting 1.4m home-textile items annually and creating jobs for returning residents. Market Signals: Eastern Europe is emerging as a growth destination for Turkish ready-to-wear as EU demand softens.
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