Wellcome to National Portal
Bangladesh National Portal
See Other Government Offices
Main Comtent Skiped
News

Title
News
Details

Bangladesh Cotton Association President Muhammad Ayub talks with The Business Standard's Reyad Hossain about the challenges and the possibilities of sourcing cotton as the fibre is an essential raw material for textile and garments productions. He also explains the factors behind the recent cotton price hike and its impacts on the clothing industry.

What is the current situation of the local cotton market?

In the last 15-20 years, a secondary market for cotton has developed locally. Imported and locally produced cotton have contributed to this development. Many importers are meeting the demand of a significant number of spinning mills by bringing in cotton from abroad. As far as I know, the local cotton market is making a significant contribution to the yarn production of many mills and is also playing a positive role in the expansion of textile industry. 

Images
Attachments
Publish Date
26/02/2022
Archieve Date
31/01/2023