Home / Knowledge / News / Textiles / Home textile exporters not impacted by yarn price-hike

Home textile exporters not impacted by yarn price-hike

28
Nov '09
Since the last few days, value-added exporters from the textile sector, mainly apparel manufacturing units have been protesting to control unregulated exports of cotton yarn which has led to prices flaring up by 25-30 percent and also has created a shortage.

But the moot point experts from the textile sector would like to point out is that, it is mainly the apparel manufacturing sector, which is protesting, while the home textiles industry has not been so vehement in their opposition to unregulated exports.

According to experts, the main reason could be that, while the clothing exporters passed on the benefits of low cost yarn to their buyers in the last three years, the home-textile industry chose to keep their selling prices high and in the process reaped huge profits.

The low rates quoted by the apparel exporters helped Pakistan to become one of the cheapest exporters' of knitwear and readymade garments in the world.

Now, when the prices of cotton yarn are shooting up, it is the garment sector which is filling the pinch, since they had quoted very low rates to their buyers when accepting these orders, and now when prices are shooting up it is becoming difficult for them to process these orders.

While on the other hand, home textile exporters were already operating on fat margins, so a rise in cotton yarn prices has not affected them to the extent that it has impacted the clothing manufacturing industry.

Fibre2fashion News Desk - India


Must ReadView All

Vietnamese side of the border crossing with Hekou, China. Pic:  Klodien | Dreamstime.com

Textiles | On 27th Nov 2021

Efforts on to boost trade between Chinese & Vietnamese provinces

Trade agencies of Lao Cai province in the northwest region of Vietnam ...

Pic: Shaja | Dreamstime.com

Textiles | On 27th Nov 2021

US’ imports of polyester textured yarn to drop in coming months

The US’ imports of polyester textured yarn of HS code 540233 are...

Pic: Tatiyana Akimova | Dreamstime.com

Textiles | On 27th Nov 2021

Sri Lanka’s textile & garment exports on path to cross $5bn this year

After registering a steep fall of 21 per cent year-on-year to $4.423...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Shivaani Jain,

Shivaani Jain

Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

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

Leave your Comments


November 2021

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


Advanced Search