Home breadcru News breadcru Raw Material Prices breadcru  | Cotton yarn prices stable in south India amid limited trade

Prime Content | 
Cotton yarn prices stable in south India amid limited trade

07 Mar '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Tiruppur's cotton yarn market, a hosiery garment manufacturing hub in South India, witnessed stability in prices due to limited trade activity. Buyers remained inactive for fresh deals, and traders noted that the garment manufacturing industry is yet to pick up in the country, with hopes of revival in the coming weeks. Mumbai was closed on account of Holi.

Trade sources said that there was little cotton yarn trade in most states because of Holi. While Holi festivities in south India is low, north and central India’s market were closed due to the festival. Traders in South India faced difficulties in finding new buyers, while sluggishness in trade was also caused by slower buying from the garment industry. 

As per Fibre2Fashion market insight tool TexPro, ** count combed cotton yarn was traded at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, and ** count combed at &#****;***-*** per kg in the Tiruppur market. Cotton yarn of ** count carded was sold at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg, and ** count carded at &#****;***-*** per kg. 

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!