Home / Knowledge / News / Textiles / TEA optimistic about yarn price reduction, continuous supply of yarn

TEA optimistic about yarn price reduction, continuous supply of yarn

01
Apr '21
Pic: Shutterstock
Pic: Shutterstock
Due to sincere efforts of the Tiruppur Exporter’s Association (TEA), the ministry of textiles is now examining and working to resolve the crisis that emerged from the frequent increase in yarn prices and disruptions in regular supply of yarn, according to TEA president Raja M Shanmugham, who recently expressed confidence about a positive solution emerging.

International cotton prices has now started coming down—of course not to the level of domestic cotton prices—and in line with this, domestic prices have also been gradually reduced and he expects that the normal price range would be achieved in near future.

He was confident that the new financial year will be free of all odds for exports in the sector, will be full of business confidence, will prove prosperous to all exporting units and related stakeholders.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: Ammza12 | Dreamstime.com

Apparel/Garments | On 3rd Dec 2021

Fashion & apparel companies rethinking on traditional supply chains

Drawing lessons from the resurgence of COVID-19 cases in China and...

Pic: Kheng Guan Toh | Dreamstime.com

Retail | On 3rd Dec 2021

US RILA offers supply chain recommendations to White House

To avert an ongoing cycle of congestion in the longer term, The US...

Pic: American Clothes Retail © Arne9001 | Dreamstime.com

Retail | On 3rd Dec 2021

Nearly 180 mn shop over Thanksgiving holiday weekend in US: NRF

Nearly 180 million Americans shopped during the five-day holiday...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

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...

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


December 2021

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


Advanced Search