
Thanks to shortage of yarn, terry towel and home textile manufacturers are forced to run their factories at less than 50 per cent capacities even as they expressed apprehensions of losing out in the export front, while also claiming that buyers had already shifted export orders worth around US $ 250- US$ 300 million to alternative destinations.
Media reports maintained this citing industry people, who, reportedly, further added that terry towel, in particular is faced with acute shortage of yarn since January as denim makers had started sourcing the item from the local market in a big way instead of importing so as to maintain shorter lead time amidst the coronavirus pandemic even as they went on to underline that the same counts of yarn are used in both denim mills and terry towel mills.
The terry towel makers further, reportedly, maintained that spinners are finding it more lucrative to do business with the denim mills, even as Bangladesh Terry Towel and Linen Manufacturers and Exporters Association (BTTLMEA) Chairman M. Shahadat Hossain while interacting with the media added that a total of 113 terry towel factories have been struggling to survive due to various issues including yarn shortage and its increasing price, shortage of gas and as well issues related to electricity.
…import of yarn at reduced tariff can be the only alternative for the sector to sustain, reportedly, claimed the BTTLMEA Chairman further.






