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國際
Yarn price eases after big jump
Garment industry insiders expect that the price will go down further
because the price in the Indian market is on the decline, too
arments manufacturers in Bangladesh have breathed a sigh of relief as
yarn prices started easing after rising to a high level.
Imports of yarn, a key raw material for readymade garments, the
country's top export product, have been on the rise in recent times due
to some price advantages compared to buying from the local market. It
has also resulted in price decreases in the local market.
Besides, harvesting of the main raw material, cotton, has started from
this month in various producing countries, which will continue till next
December, even though the price of cotton has not started to decline
yet.
Cambodia raises minimum textiles minimum wage by $2
PHNOM PENH, Sept 28 (Reuters) - Cambodia on Tuesday raised the
minimum monthly wage for workers in its key textiles and footwear
industry by $2 to $194, effective January next year, shy of a $12 rise
sought by major unions.
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