Bangladesh and Vietnam Forecasted as Major Forces in Cotton Industry
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Bangladesh and Vietnam Forecasted as Major Forces in Cotton Industry
In the very recent ten years, Bangladesh and Vietnam are expected to become major players in the global cotton industry….
Yarn Imports Rise by 13%
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Yarn Imports Rise by 13%
Bangladesh’s textile and spinning mills are grappling with a severe gas crisis, significantly hampering local yarn production. Yarn imports surged…
Import of Yarn Jumps by Over 10%
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Import of Yarn Jumps by Over 10%
Due to high production costs, domestic textile millers, especially spinners, face stiff competition from foreign competitors, leading to loss of…
Aman Cotton’s Losses Drop by 91%
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Aman Cotton’s Losses Drop by 91%
Aman Cotton Fibrous Ltd reported a 91% year-on-year decline in losses for January-March 2024. The loss decreased to Tk 60.49…
Domestic Cotton Meets Only 4% of Annual Requirement
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Domestic Cotton Meets Only 4% of Annual Requirement
The expansion of cotton farming in Bangladesh has been stagnant due to various factors such as limited farmland, manpower shortages,…