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Cotton yarn demand remains sluggish in south India; prices down in Mum

02 May '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn trade is experiencing a slump in demand from the weaving industry in south India, causing prices to fall by ₹*-* per kg in Mumbai.
  • However, prices remained steady in Tiruppur, where export demand for cotton and fabric markets was also weak.
  • Meanwhile, cotton prices in Gujarat remained stable with ginners hoping for a rise, despite average demand.

The cotton yarn market in Mumbai has experienced a downturn in prices due to sluggish demand from the weaving industry after Ramadan. “The fabric market&#**;s payment crisis has dampened cotton yarn demand, causing prices to drop by &#****;*-* per kg in the past few days,” a trader from Mumbai market told Fibre2Fashion

In Mumbai, ** count carded cotton yarn of warp and weft varieties was traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively; ** combed warp was priced at &#****;***-*** per kg; ** count 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 *f&utm_medium=ballripple&utm_campaign=Texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

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