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Silk weavers feel heat of rising yarn prices
Oct '10
Price rise of mulberry silk and tasar silk yarns has become an issue of serious concern for the people in Assam, an industry which offers, huge employment to the local people as well as outsiders.

The unprecedented price hike of silk yarns has taken its toll on the purchasing capacity of the weavers, petty master weavers and master weavers, on account of which a number of looms have been closing down, leaving many contract weavers without job who earn their bread-butter by winding silk yarns of the master weavers.

The small master weavers and the master weavers who had started their business with four to six looms are now working as weavers on their own looms. Due to all such conditions, it has become very difficult for the people to run businesses and preserve the silk heritage of the State of Assam.

In the month of January, this year, the situation deteriorated with the increase in silk yarn prices to Rs 1,430 per Kg, which was Rs 330 more against last year's price trend in the Bangalore market. Owing to the price hike at the Bangalore silk exchange, prices of warp yarns stood at Rs 1,750-1,850 per kg while weft yarns were sold at Rs 1,500-1,570 per kg.

In the months of July and August, prices of warp yarns increased up to Rs 2,400-2,500 per kg and in September these prices witnessed further increase to Rs 2,550 per kg. Tasar yarn price has increased to Rs 3,100-3,300 per kg from Rs 2,500 per kg.

Fibre2fashion News Desk - India

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