Dhaka, Dec. 25 -- Textile millers have urged the Bangladesh Bank to further extend the import credit period for cotton and other industrial raw materials to 360 days.

They warned that a return to the earlier 180-day limit would severely disrupt export-oriented textile production and strain working capital.

The appeal comes as the existing extended facility, granted through central bank circulars and currently set to expire on December 31, nears its deadline.

The Bangladesh Textile Mills Association (BTMA) has sought a one-year extension of the facility until December 31, 2026, citing prolonged production cycles, global market uncertainties and mounting cost pressures.

It argues that the current credit facility, previously extended fro...