Mohammad Ashraful Haq, Sr. Officer (MIS & Marketing), AA Synthetic Fibres Ltd- Bangladesh, describes global fibre Industry to be recovering from enormous economic recession. He regrets gone period to be very pathetic for the fibre industries. Prices decreased tremendously which made many fibre companies bankrupt. But now, in his stance, time is changing and demand for fibre increasing, so on prices of fibre also.
He also feels that in the current fibre market demand and supply do not have fine tuning. Demand is increasing but the supply of fibre decrease due to production shortage of this industry. He comments that the industry is not totally free from economic crisis, but improving the situation against last year will help second half of the fiscal year do well, due to upcoming new investments in this industry.
Fibre2fashion - News Desk, India
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