Home / Knowledge / News / Textiles / Yarn prices have weavers in a sweat
Yarn prices have weavers in a sweat
23
Apr '10
The flare-up in cotton yarn prices has the got the weaving community in a sweat. Incessant rise in cotton yarn prices which have increased between 25-30 percent has not translated into higher prices of grey fabrics.

This has resulted in many weaving units cutting down on production by up to 25 percent. Powerloom weavers in Ahmedabad, which was known as the Manchester of the East and has around 11,000-12,000 powerlooms is facing the same predicament.

Speaking to fibre2fashion, Mr Navin Patel, President of Ahmedabad Powerloom Owner's Association, said, “It is true that whenever price of synthetic or raw cotton increases, it is always the weaving units which are affected.

“During past three months, there has been an increase in the price of cotton yarn between approximately Rs 40 to Rs 60 per kg cotton yarn, but prices of grey fabrics have not kept pace, due to which, as of now, we are incurring losses.

“The policy of the government to restrict cotton and cotton yarn exports has put a stop to the increase in yarn prices, but according to me, the prices should come down further as many units have closed down or cutback production”, he concluded by saying.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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