AGP Executive Report
Last update: an hour agoTextile Technology: Swedish machinery firms are expanding and launching technology ahead of ITMA Asia, targeting automation, recycling and more efficient production. Trade Costs: Pakistan’s APTMA says a 0.9% Punjab levy on industrial imports would raise costs and hurt exports, warning some goods could face charges in two provinces. Export Growth: A Togo workshop is helping small businesses, including textile firms, navigate AfCFTA rules of origin and reach new markets. Market Signals: Finland’s textile, clothing and leather turnover rose 2.9% year-on-year in August, with exports up 6.3%; a Scottish textile firm has entered administration owing £1.5 million. Circularity: Circ and Huafon plan a textile-recycling site in China, while major fashion brands have launched an alliance to tackle textile waste. Demand and Jobs: An ITMF survey found textile demand remains weak despite a better outlook, and Nigeria’s labour union warns rising costs are driving job losses.
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