Pakistan Textile Industry May Not Complete Christmas Export Orders.
Pakistan
Rana Arif Tauseef, President of the Textile Exporters Association (PTEA), expressed concern that the Pakistan textile industry may not be able to complete about $4 million worth of Christmas sales in Europe and the United States.
Spin
Goods export orders, because the Pakistan textile industry has three days of gas cut every week, and there are other challenges, such as natural gas prices, electricity and oil products prices rose unusually.
He said that Christmas export orders are very important to Pakistan's textile industry, because EU and US buyers made a large number of textile and apparel orders during this period to meet domestic retailers.
Customer
The demand is that they look forward to December winter clothing.
In order to meet the needs of Christmas shopping, foreign retailers and importers make bulk orders during this period.
PTEA president said that Pakistan textile manufacturers have begun to work with them to ensure timely delivery, but the natural gas has stopped the Pakistan textile manufacturers from finishing their tasks on time.
Pakistan's exports are also subject to electricity and natural gas.
Price
The adverse effects of frequent rise, rising prices and increasing production costs, therefore, raise the price of textile exports in Pakistan, which is no longer attractive to overseas customers.
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