The Bangladesh government is contemplating importing cotton yarn directly from a few African countries, in a bid to contain the recent flare-up in cotton yarn prices.

This was announced by Commerce Minister Lt Col (retd) Faruk Khan, at the inauguration of a textile training programme at a hotel in Dhaka.

He also suggested setting up of a warehouse to stock raw cotton and cotton yarn to help weavers and clothing producer¡¯s access them at affordable prices.

He also blamed the unprecedented increase in raw cotton prices, which have shot up by 30-40 percent, in the last few months for the rise in cotton yarn prices.
 
 
Fibre2fashion News Desk - India