High cost of raw materials is a major issue faced by the textile sector, as in the case of engineering industry, and apparel exporters have appealed to the textile industry to ensure stability of prices.
In a communication to textile mills, A. Sakthivel, Chairman of Apparel Export Promotion Council, said the price of yarn was increased by `10 a kg in January too. However, the price of warp yarn had come down by `15 a kg. While cotton prices had not gone up, yarn prices had risen.