Yarn price hike: Powerloom units resume production

Coimbatore: The majority of powerloom units in Coimbatore and Tirupur districts, which had halted production in protest of the rise in cotton yarn price, resumed operation on Wednesday, considering the welfare of job work weavers.
“Job work weavers who depend on beams supplied by powerloom units are badly affected by the stoppage in production. They are struggling to make ends meet,” K Sakthivel, coordinator of Coimbatore and Tirupur Districts Textile Manufacturers Federation, said.
“We are checking the feasibility of switching over to artificial yarn like polyester and rayon instead of cotton to keep the business afloat. Units may start using cotton yarn again when the price dips,” Sakthivel said.
As of Wednesday, there were no changes in the price per kilogram of yarn on all counts and remained same as the price announced in May, said sources.
On the other hand, G Venkatesan, vice-president of the South India Spinners Association, said spinning mills are continuing their protest by cutting the production. “Spinning mills have reduced their production substantially. To keep the spindles in good condition, mills are operating at 40% of their total capacity.”