Though Bangladesh’s demand for yarn and fabrics has been increasing, prices are not at the satisfactory level, said Mohammad Ali Khokon, President, Bangladesh Textile Mills Association (BTMA). Some mills are running at 70 per cent capacity, while others are operating at 65 per cent and some less than 60 per cent as demand for yarn and fabrics has been increasing.

Although prices of cotton, have declined in the international markets, local spinners could not take advantage of this as the cotton they had was imported before the pandemic at 75 cents to 80 cents per pound, says Mansoor Ahmed, Secretary, BTMA. Sale of yarn and fabrics in Bangladesh export-oriented spinning and weaving mills is on the rise thanks to higher inflow of work orders from international retailers. This has put the country's primary textile sector, which incurred losses of more than Tk 20,000 crore, on the path of quick recovery although prices remain below expectations.

Faisal Samad, Vice-President, BGMEA, said inflow of work orders is also better than that of previous three months. A good number of buyers have been reissuing work orders they had previously cancelled and placing new ones as retailers in the EU and US have opened up their stores. The shipment of these new work orders will start from November.