News from World

tag: materie prime

15 November 2022

Efforts to avoid catastrophic climate change are failing, as COP27 climate summit reports show. What it means for fashion

The world has no credible path to avoid climate catastrophe, and greenhouse gases will exceed agreed limits by 2030. Extreme weather, high temperatures and rising sea levels threaten raw material production, workers' rights, and supply chains. Some of the largest fashion manufacturing centers, including Bangladesh, India and Pakistan, are among the countries most vulnerable to climate deterioration [What Are Fashion's Climate Risks| BoF]

12 November 2022

China finally eased its zero-COVID policy and Commodities jumped raising hopes of a demand recovery

Beijing reduced quarantine times for travelers and close contacts of infected people, lowered the threshold for isolation, and scrapped a penalty on airlines that bring new cases into China. Bloomberg’s comment: “Commodities From Oil to Zinc Soar After China Eases Covid Rules”

28 October 2022

Global supply of energy and raw materials at risk due to drought

From California to Germany and China, climate change-fueled heatwaves and droughts have shrunk the rivers that power giant hydroelectric power plants, notes Bloomberg @markets. Heatwaves and drought left China’s Three Gorges Dam — the world’s largest power plant — running at a fraction of capacity this summer. It can produce enough electricity to power the Philippines, according to Bloomberg, but in August its turbines were almost silent.

03 June 2022

Bangladesh tanneries: good availability of raw materials but lack of compliance

Bangladesh’s leather sector is unable to fully tap its potential and expand its footprint globally despite the domestic availability of raw materials due to lack of compliance. As a result, exporters are getting 30-40 per cent lower prices for their products in the global market compared to competitors. Fair price cannot be ensured in the domestic market too. [Bangladesh leather exporters get 40% less due to lack of compliance - Fibre2Fashion]

04 March 2022

Collateral economic damage of the war in Ukraine: the example of the leather sector of Jalandhar, India

According to The Tribune, in Punjab’s Jalandhar leather district, “raw materials become expensive and export orders are canceled.” Enterprises in the leather supply chain were hit hard after the start of attacks by the Russian army. The most affected are manufacturers of sporting goods, utensils, tanneries, and leather products.

27 January 2022

Winter Olympic Games and increase in demand inject momentum to the Chinese footwear sector

China exported 7.9 billion pairs of shoes and boots in the first 11 months of 2021, which literally means that the country exported a pair of shoes for every person on the planet. However, according to the Global Times, such a large sector has lost about 430 billion yuan ($67.8 billion) in exports over the past seven years compared to export orders in 2014, according to data platform Wind.

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