Crude Rally Feeds Into Textile Chain: Is Yarn Margin at Risk?
3 Articles
3 Articles
Surat Weavers Face Early Diwali Shutdown as Yarn Prices Rise 45%
Surat’s weaving industry is facing mounting financial pressure as yarn prices have increased 40%–45% since June, while demand for finished fabrics remains weak. The combination of rising raw material costs, unsold inventory and delayed payments has forced several small weaving units to reduce production and observe weekly holidays to limit losses. Industry representatives have warned […]
Crude rally feeds into textile chain: Is yarn margin at risk?
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Gujarat Textile Industry Faces Diwali Shutdown Risk
Gujarat textile industry is facing the threat of an early Diwali shutdown as yarn prices have risen by 40% to 45% since June, while demand for finished fabrics remains weak. Surat, one of India’s major textile manufacturing hubs, is seeing growing pressure on weaving units as higher raw material costs,...
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