Bangladesh garment makers see some costs triple in wake of Iran war
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Fabric and yarn prices on the rise, squeezing margins in an already struggling sector
Senior figures in the garment industry — a lynchpin of the Bangladeshi economy — say an Iran war-linked price surge has “already kicked in.” © Reuters
DHAKA — Bangladesh’s garment makers are reeling as the Iran war makes key synthetic fibers and chemicals 10% to 15% more expensive and triples the price of at least one other input, squeezing margins as customers resist paying more for their existing orders.
