Home breadcru News breadcru Raw Material Prices breadcru  | Cotton yarn demand picks up in south India, but prices remain steady

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Cotton yarn demand picks up in south India, but prices remain steady

18 Jul '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Spinning mills' production halt in Tamil Nadu has boosted market sentiment in south India.
  • Despite stable cotton yarn prices, markets in Mumbai and Tiruppur anticipate a future rise due to increased demand and upcoming festival needs.
  • In Mumbai, high trading volumes were reported, despite steady prices.
  • Tiruppur markets also experienced high demand.

In Mumbai, cotton yarn prices remained constant, but demand escalated. Buyers showed an eagerness to secure cotton yarn due to anticipated price rises following production and supply cuts from spinners. A trader from the Mumbai market told Fibre2Fashion, “Although cotton yarn prices have not yet risen, the market has seen more trading. Good trading of cotton yarn has been noticed in Maharashtra’s Bhiwandi and Malegaon markets. Expectations are high for an increase in yarn prices in the near future." 

In Mumbai, ** count carded yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** per kg, ** carded weft at &#****;*,***-*,*** per *.* kg, **/** carded warp at &#****;***-*** per kg, **/** carded warp at &#****;***-*** per kg and **/** combed warp at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

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