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Cotton yarn demand poor in south India; coarse count down in Mumbai

20 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Bearish trend persisted in south India's cotton yarn market today. Poor buying of coarse count yarn pulled its prices down in Mumbai. Cotton yarn of ** and ** counts were down by ₹*-* per kg, while fine counts yarn remained stable. Tiruppur opened after Pongal, but demand remained weak as garment units are facing sluggish buying from retailers.

Prices of cotton yarn of **/** and **/** counts witnessed a drop in Mumbai. A trader from this market told Fibre2Fashion, “Mills are once again under pressure to clear their stocks. They are not getting sufficient orders from the weaving industry.” 

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra) respectively. ** combed warp was priced at &#****;***-*** per kg. ** carded (weft) cotton yarn was sold at &#****;*,***-*,*** per *.* kg. **/** count carded cotton yarn (warp) was priced at &#****;***-*** per kg. **/** count carded cotton yarn (warp) was sold at &#****;***-*** per kg and **/** count combed yarn (warp) was priced at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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