Thread crisis in textile!

Cotton yarn production declining prices in China's domestic market, loaded his purchases from Turkey increased by 20-30%. The local industrialist wants to bring a quota to solve the problem. A yarn crisis has occurred in the textile industry. As the yarn producers started exporting to China, where they received orders at higher prices, the product in the domestic market decreased. Yarn prices have increased by 20-30 percent in the last 2 months. Since Turkish mills could not find yarn, they turned to Bangladesh and India, which had low quality. Denizli Chamber of Commerce and Industry Chairman Müjdat Keçeci said that the increase in yarn prices is parallel to the increase in cotton prices. Keçeci said, "It is time for an important raw material such as cotton to be included in strategic products." It is estimated that China, which holds more than 50 percent of the world's cotton stocks, will reach a stock of 9.3 million tons in the 2013-2014 season. However, despite this, cotton yarn production has been decreasing in China for the last 3 years. In China, which has an annual production of 7.7 million tons, this figure decreased by 30 percent compared to 2008. Therefore it draws yarn from Turkey.

  • PRICE INCREASED 50 CENTS Istanbul Textile and Raw Materials Exporters' Association President İsmail Gülle said that the supply-demand balance in yarn was disturbed. Gülle said, "The cotton price has increased by more than 50 cents. This also increased the price of yarn," he said. Talu Tekstil General Manager Mustafa Gültepe said that the yarn price increased by 25 percent in two months. "While the weight of the simplest yarn is 6.8 lira, the price has risen to 8.2", Gültepe said.
  • KOTA TERMS Turkey Clothing Industrialists Association Chairman Cem Negrin, said yarn stop the sale for export to protect the domestic market in India. Negrin, Turkey has stated that the need for such a quota, "Yarn manufacturers 20 cents more than the exports to China. We have done some work on the suspension of the export. We presented to the relevant institutions. However, yet could not get a result," he said. Negrin, also a reason for Turkey's shift to China, said that India's quotas.

But as yet we could not get a result, "she said. Negrin, also a reason for Turkey's shift to China, said that India's quotas.