Rising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creating immense pressure across the entire textile value chain. Customers are unable to absorb these higher costs, leading to a cautious approach from spinners and weavers.
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Manmade fibre exporters flag concerns arising from West Asia conflict
Rising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creating immense pressure across the entire textile value chain. Customers are unable…
