Saturday, November 20, 2010 | By: EmerGence

Price of clothes up next month

By K.M. LEW

PETALING JAYA: Consumers will have to pay more for new clothes this Christmas and the New Year after a surge in the price of cotton and yarn.
    The shortage of raw materials worldwide and higher demand for garments has led to the escalating prices of all raw materials for textiles and garments since early this year.
     Malaysian Textile Manufacturers Associa­tion chief executive officer Andrew Hong said local manufacturers had to absorb the higher manufacturing costs and cope with surging raw material prices.

To read more, click here

0 comments:

Post a Comment