Yarn price hike worries BGMEA, BKMEA

Apparel sector leaders yesterday expressed concern over the recent price hike of yarn and urged leaders of Bangladesh Textile Mills Association (BTMA) and spinning mill owners to rein in the price hike.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Bangladesh Knitwear Manufactures & Exporters Association (BKMEA) stressed the need for a coordinated initiative to fix the yarn price at a rational level.
They suggested a tripartite meeting among BGMEA, BKMEA and BTMA.