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Cotton yarn prices steady in south India, domestic demand weak

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

Insights

  • South India's cotton yarn market remained stable today. Trading activities increased in Tiruppur, where cotton yarn was sold at previous rates. Domestic demand in the Mumbai market was limited, according to traders. While spinners may be bullish due to high export orders, domestic demand from the downstream industry has not been encouraging.

Mumbai market witnessed steady trend in cotton yarn prices. “While cotton yarn prices had increased early this week, demand from the domestic industry was average. Buyers were still cautious about new deals. Therefore, the prices did not improve further,” a trader from Mumbai told Fibre2Fashion.

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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