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Pakistan: Shortage Of Fabric Increases Exporters In Trouble
The blackout, coupled with the rise in natural gas prices, has led to a shortage of cloth in Pakistan's case, and the garment manufacturers and textile exporters are in a dilemma as they try to reach their shipments.
The fabric price rose by 3 yuan to 5 yuan per meter (about 0.04-0.07 dollars).
In July, the FCCI launched a 5 day strike to protest against the increase in the cost of natural gas and electricity and to cancel 6% of R & D subsidies at the end of the year.
After a shortage of strikes, exporters consider their shortage to be an artificial operation caused by the textile group involved in the black market of textile raw materials.
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