Another Yarn Price hike in Tirupur

Every exporter at Tirupur were expecting some decrease in the price but Yarn price in Tirupur  was increased by Rs.5 in the last week yet another price hike is expected soon. In past one month alone there is about Rs.10 to 15 rupees hike in the yarn price. Government has already scrapped the duty of cotton imports but this didn't have any impact on the yarn price. The Tirupur exporter who have confirmed the orders will been be having tuff times ahead.