Aman Cotton’s Losses Drop by 91%

On May 20, 2025, Bangladesh’s stock market rebounded from a five-year low as bargain hunters capitalized on undervalued shares. The DSEX rose 13 points (0.28%) to 4,789 in the first hour of trading. Blue-chip and Shariah indices also posted gains.

Bangladesh is projected to remain the world’s top cotton importer in MY2025-26, with imports reaching 8.5 million bales, ahead of Vietnam’s 8 million, according to the USDA. This surge aligns with a 10.86% year-on-year rise in Bangladesh’s RMG exports to $30.25 billion in the first 10 months of FY25.

Following Bangladesh’s decision to ban yarn imports via five land ports—Benapole, Bhomra, Sonamasjid, Banglabandha, and Burimari, which previously handled 30% of India’s yarn exports—Indian producers are shifting toward waterways and sea routes.

Over the past seven years, 56 companies raised Tk5,178 crore through IPOs in Bangladesh, but 24 of them—collectively raising over Tk2,000 crore—have been downgraded to the Z and B categories due to poor financial performance.

Matin Spinning Mills posted a 7.15% year-on-year profit increase to Tk 102 million in Q3 (January–March), with EPS rising to Tk 1.05 from Tk 0.98. The company recorded its highest-ever Q3 sales revenue at Tk 2.04 billion, reflecting a 16% year-on-year increase.

According to a recent USDA report, the United States is losing cotton market share in Bangladesh due to logistics issues and long shipment times. In Marketing Year (MY) 2023-24, Bangladesh imported 7.8 million bales of cotton, with the U.S. contributing 9%, down from 10% in MY23.