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Pakistan textile exports hit by rise in prices

Related Keywords: Cotton yarn prices, export-oriented value-added textile sector, The Pakistan Readymade Garment Manufacturers and Exporters Association

Sharp increase in cotton yarn prices in Pakistan by almost 20% has hit hard the export-oriented value-added textile sector. Newly-elected senior vice chairman of The Pakistan Readymade Garment Manufacturers and Exporters Association( PRGMEA,North Zone), Sheikh Luqman Amin said that the unprecedented surge in cotton yarn rates during the cotton crop season is not understandable, as the prices are usually at the lowest ambit these days.

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