Home / Knowledge / News / Textiles / Soaring yarn prices create hurdle for RMG exports
Soaring yarn prices create hurdle for RMG exports
Mar '08
A ceaseless hike in yarn prices is posing a grave danger for the apparel export growth of Bangladesh.

Putting up a tough competition against China, Pakistan and India, Bangladesh stands first in terms of growth in garment export.

However, officials from Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) believe that if yarn prices in the domestic market continue to grow, the country might loose its international competitiveness.

Producers on the other hand, lament helplessly since rise in yarn prices have increased the cost of cotton which is the essential raw material in the production of apparels.

They point out that cotton prices have risen to US $87 cents per pound from $78 cents in December and $60 cents a pound in September last year.

The 30 count variety of yarn is currently selling at a price ranging from $2.90-3.0 per kg compared with its rates at $2.75-$2.80 per kg last December.

Moreover the 20 and 40 count variety of yarn have also showed a similar trend increasing to $2.35-2.40 and $3.85-$3.90 per kg compared to its previous rates.

Although local producers can meet 80 percent of the demand, when it comes to woven yarn, they can only supply about 35 percent of the total consumption demand.

Presently in India, the 30 count variety of yarn is selling at $2.10 per pound. Experts opine that the country has the advantage of having a huge potential to produce substantial cotton and also that it has its own technology and machinery.

Industrial sources confirm that the core reason behind soaring yarn prices is the monopolization of the market by a few unscrupulous traders.

Must ReadView All

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search