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Cotton yarn prices steady in south India as demand eases

28 Feb '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices remained steady today in south India amid average buying. There has been no movement in the prices of cotton yarn in Tiruppur and Mumbai and traders noted that demand has weakened, though it is still better than last month. Tamil Nadu-based spinners will review the prices for next month, and the market is expected to remain range-bound.

Mumbai has noted weaker demand for cotton yarn, while prices have remained steady. A trader from Mumbai told Fibre2Fashion,” The recent rise in cotton fabrics has led to lower demand from the garment industry, and buyers are turning to hand-to-mouth purchases as they expect prices to decrease.” 

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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