In the past two and a half months, the price of yarn in Bangladesh’s domestic market has increased by 80 cents per kilogram, reaching 2.25-3.10 US dollars, causing the cost of knitting mills to increase by 15-20%. The price of yarn in the international market increased by 8-10 cents. The president of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said that this has caused great harm to Bangladeshi knitting factories.
Bangladesh’s domestic market yarn demand is strong and prices are rising
In the past two and a half months, the price of yarn in Bangladesh’s domestic market has increased by 80 cents per kilogram, reaching 2.25-3.10 US dollars, causing the cost of knitting mills to increase by 15-2…
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