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October 16th Commodity Intelligence
 Oct 16, 2026|View:2|

Textile


1. On October 15th, Lihua Yilijin Refining and Chemical Co., Ltd. had a production capacity of 260000 tons per year and is currently operating normally.


2. In September 2026, China's textile and clothing exports amounted to 29.658 billion US dollars, a year-on-year increase of 21.5%. Among them, the export value of textiles (including textile yarns, fabrics, and products) was 14.241 billion US dollars, a year-on-year increase of 19.02%; The export value of clothing (including clothing and clothing accessories) was 15.417 billion US dollars, a year-on-year increase of 23.89%.


3. The US Department of Agriculture (USDA) announced in its weekly crop growth report that as of the week of October 11, 2026, the cotton yield rate in the US was 82%, compared to 74% the previous week, and the five-year average was 83%. The harvesting rate of American cotton is 31%, compared to 23% in the previous week, and the five-year average is 29%. The excellent rate of American cotton is 34%, compared to 33% in the previous week and 0% in the same period last year.


4. As of the week of October 11th, the net contracted export of Egyptian cotton for 2026/27 was 1125 tons, an increase of 316.7% compared to the previous week (270 tons). Most of the new contracts came from India, with a small amount from Pakistan.

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