Ministry Of Commerce: Bangladesh Textile Waste Shortage
According to the Daily Star of Bangladesh on January 16, many clothing retailers and brands (such as H&M) prefer the reuse and recycling of clothing due to environmental considerations, but Bangladesh textile mills are facing a shortage of waste cotton and textile waste.
Bangladesh is the second largest garment producer in the world, with a large amount of cotton textile wastes, but these wastes are usually dumped into landfills, burned, exported or recycled into low-quality fabrics. With the increase of global demand for recycled yarns and fabrics and the high purchase price abroad, most of Bangladesh's textile waste is shipped abroad rather than sold in the local market. In the second half of last year, Bangladesh textile waste shipments increased by 49.67% year-on-year to 153.38 million US dollars. This forces textile mills to buy recycled yarn from the international market, which means that local manufacturers have to pay more for imported goods already in place locally. If local recycling is realized, the import volume may be reduced by about 15%, saving $500 million annually.
- Related reading
General Administration Of Customs: In 2022, China'S Total Import And Export Value Will Exceed 40 Trillion Yuan For The First Time
|
Ministry Of Commerce: Bangladesh Only Performs Well In Garment And Leather Exports
|
Industrial Cluster: Market Expectation Of Cotton And Other Crops In Australia In The Future
|- Logistics skills | Standing At The Forefront Of The Times, Striding Over Express Transportation To Create A "Booster Of National Economy"
- Fashion item | Fashion Trend: Designer'S Meticulous Carving On Knitted Sweater Style
- quotations analysis | The Production And Sales Situation Of Cotton Textile Enterprises Started After The Festival Is Better
- Industry dialysis | After The Spring Festival, "Labor Shortage", How Can Logistics Enterprises Solve The Problem?
- Popular color | The Beauty Of Traditional Chinese Colors Is Picturesque And Poetic, Making People Intoxicated
- Attract investment | Pearl River Delta Textile Processing And Manufacturing Industry Transferred To Qingyuan
- Pregnant baby | Children'S Wear Matching: Spring Fun Denim Jacket Jacket Print Contrast
- Other | Industrial Cluster: The Total Output Value Of Sericulture In Yangcheng County, Shanxi Province Reached 300 Million Yuan Last Year
- Bullshit | Dior B33 Low Top Winter Color Shoe Design
- Celebrity interviews | Wang Xuguang, President Of The Special Products Branch Of The Middle Class Association: Under The New Development Pattern, We Should Maintain A High Degree Of Sensitivity, Seize Opportunities And Welcome The Spring
- Chen Zhihua: Opportunities Outweigh Challenges, And The Printing And Dyeing Industry Is Determined To Set Goals
- Hunan Xintian: Silkworm Industry Creates A "New Silk Road" For Getting Rich
- Lanxi, Zhejiang, Exhibited Nearly 900 Years Of Cotton Blankets, Demonstrating The Textile Industry Level Of The Song Dynasty
- Create "Qinghai Mode" Of Tibetan Carpet Industry In Accordance With Local Conditions
- Huasheng Shares (600156): Proposed Opportunity To Reduce Its Holdings In Xiangcai Shares
- Huasheng Shares (600156): Chairman, Vice Chairman And General Manager Resign
- Mastery (301066): As Of The End Of January, 0.61% Shares Have Been Repurchased Accumulatively
- Local Brand: White Horse Stone Hemp Processing Opens The "Running Mode"
- Global Perspective: India Cotton Price Is Expected To Decline In The Near Future
- St Ü Ssy X Nike'S New Co Branded Collection