Home / Knowledge / News / Textiles / Pak trade bodies demand duty-free cotton yarn export

Pak trade bodies demand duty-free cotton yarn export

28
Oct '20
Pic: Shutterstock
Pic: Shutterstock
Pakistan’s value-added textile exporters recently urged the government to allow duty-free import of yarn as rapidly rising prices of local fibres are severely affecting their competitiveness. Cotton yarn 30/1 prices have increased by 17 per cent in the last three months, and therefore, the government must intervene to save value-added textile exports, according to the Pakistan Apparel Forum (PAF) and the Pakistan Hosiery Manufacturers & Exporters Association (PHMEA).

In a joint statement, PAF chairman Muhammad Jawed Bilwani and PHMEA central chairman Mohammad Riaz Ahmed said it is alarming that during the last decade, Pakistan's cotton production decreased by 35.42 per cent from 9.60 million (480 pound) bales in 2009-10 to 6.20 million bales in 2019-20 due to sub-standard cotton seeds supplied to farmers.

As per cotton statistics of the US Department of Agriculture, India has increased its cotton production by 28.26 per cent from 23 million bales in 2009-10 to 29.50 million bales in 2019-20.

The trade organisations said huge value-added textile export orders are available, but exporters are unable to accept due to unavailability of cotton yarn in the country at competitive prices, according to Pakistani media reports.

“The government must immediately take notice of provision of sub-standard cotton seeds to farmers by the suppliers and strict action must be taken against them as exporters see it as an act against the interest of Pakistan,” the joint statement said.

They demanded the stakeholders should be allowed to import cotton yarn from any country till its scarcity is controlled and the required quantity of yarn is available in abundance in all domestic markets.

“The government should make it compulsory for the large spinning units having more than 30,000 spindles and production to grow their own cotton to manufacture cotton yarn and extend full support to them in this regard,” the two leaders suggested in the statement.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Shutterstock

Textiles | On 10th Apr 2021

Turkey's exports to UK surge in Q1 following post-Brexit FTA

Turkish exporters have seen a noteworthy surge in exports to the...

Pic: Sunshine Seeds / Shutterstock.com

Textiles | On 10th Apr 2021

South African woven cotton textile sector workers get 5.5% rise

Those working in the woven cotton textile sub-sector in South Africa...

Pic: Shutterstock

E-commerce | On 10th Apr 2021

H&M launches on e-commerce platform Zalora in southeast Asia

H&M has joined hands with Zalora and has launched on the e-commerce...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Textile Industry, Head honchos

Textile Industry
Head honchos

Social media critical in regeneration of businesses

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Amanda Cioletti,

Amanda Cioletti

The entertainment/character segment lead as the largest sector for the...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

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

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

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

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

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


March 2021

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


Advanced Search