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    Tea Industry Faces $10M Weekly Loss Due to Middle East Conflict

    Colombo, March 12 Sri Lanka's tea industry is facing severe disruptions as the ongoing military conflict in the Gulf region has adversely impacted shipments to one of its largest export markets, with exporters estimating a revenue loss of USD 10 million per week.The exporters are unable to...
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    Polyester Fiber Costs Rise as Shipping Routes Face Delays

    Coimbatore, March 9 – The ongoing conflict in West Asia and the disruption of maritime traffic through the Strait of Hormuz have begun to impact India's textile sector, with prices of polyester fiber rising sharply in the past week.According to industry representatives, the price of polyester...
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