News / Bangladesh's key garments sector hits a wall with shortage of raw material

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Bangladesh’s apparel sector, the country’s top foreign currency earner, is being hit by coronavirus-related supply chain disorder, with prices for raw materials soaring.

As materials from China fail to arrive in time, prices of local stocks of items have gone up by nearly 50% in some cases.

Some factory owners have been forced to bring raw materials in by air to meet manufacturing deadlines.

And the sector is gearing up for a prolonged crisis as the virus continues to spread worldwide, with fears ...