Tag Archives: plummeting

Indonesian Textile Industry Grapples with Dual Blow of Rising Raw Material Costs and Plummeting Demand Amid Global Geopolitical Tensions

April 16, 2026 0

The Indonesian textile and textile product (TPT) industry is currently facing immense pressure, caught between surging raw material prices triggered by conflicts in the Middle East and a significant decline in domestic purchasing power. This confluence of global supply chain disruptions and local economic challenges is rapidly escalating the cost of fabrics in the market, threatening the stability of an …

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