Yesterday during the last confrontations between demonstrators and police officers, one person died and approximately twenty were injured. The demonstrators claimed a higher increase of the minimum wage, which now is in 95 dollars.
This raw material is the least used in retail industry, in which polyester and cotton still leads the market. Automobile and electronic is currently exploiting global production of polyamide.
The Turkish government has initiated an investigation and restricted nylon imports temporary, based on the World Trade Organization’s (WTO) regulations.
Fashion business, one of the most global in the world, faces a changing environment, with an economic downturn and where protectionism threatens to mark the development of the two biggest world economies.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.