Looks like yarn mills are caught in a web of weakening demand and high raw material prices. For a country that exports nearly one-third of the yarn it spins, the 34.6% year-on-year drop in exports ...
Yarn imports have boosted supply and brought down local prices, ending a months-long tangle in the apparels market. For the last couple of months, textile millers and apparel exporters had been locked ...
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