The Attire Export Marketing Council (AEPC) on Wednesday urged cotton mill homeowners to reduce yarn prices by Rs twenty for each kg to aid the expansion of the sector as rising charges impression price tag competitiveness. AEPC Chairman A Sakthivel’s request comes in the wake of Cotton Corporation of India (CCI) lowering cotton prices by all-around Rs one,500 for each candy earlier on Monday.

“I am requesting all the mill homeowners to convey down the yarn price by Rs twenty for each kg with rapid influence,” Sakthivel claimed in his in his letter to Confederation of Indian Textile Field (CITI) Chairman T Rajkumar. In the last two months, cotton prices have arrive down by Rs two,500 for each candy, he claimed.

Sakthivel has asked for all the mill owners’ associations to cut down the yarn price for safeguarding the apparel export business. “Cotton yarn prices have regularly enhanced in the last four months,” he extra.

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