Since prices of cotton have begun to fall on international markets, local exporters of ready-made garments are anticipating a significant increase in the number of work orders beginning in December. This is due to the fact that cotton prices have begun to fall. As a result of the declining cost of yarn in the regional…
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Bangladesh is the second-largest exporter of ready-to-wear clothing in the world, earning more than $35 billion in annual revenue. Even though cotton is a major raw material for the clothing sector, the country must pay $5 billion in import bills yearly because of its strong import dependence on the commodity. Since the introduction of pest-resistant…