Shortage Of Cotton Yarn Troubled Pakistan'S Clothing Exports In 2011

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The value added Textile Forum reveals that exporters usually place 3 months ahead of schedule. However, if the price of raw materials continues to fluctuate in the domestic market, it will be very difficult for exporters to sign contracts with foreign buyers.

They further pointed out that the value-added textile sector is facing a downturn, and the domestic market lacks cotton yarn. They need to deliver Christmas and New Year holiday contracts on time, but now they are in a dilemma.

Supplement:

5 years ago, the multi fibre agreement failed and the market was worried about the impact of Nepal, especially its powerful neighbour, India, which will gain a greater share of textile trade in the post multi fiber era. Its light will cover Nepal.

But Nepal has low labor force and has its own advantages in sewing garments. Therefore, Nepal is competing against India with its own advantages.

Nepalese clothing exporters show an upward trend in India's exports.

Obviously, Nepal is now concentrating on the development of India's market exports. Nepal expects that India will become a potential market for Nepal's textile exports in the next five years.