Home breadcru News breadcru Raw Material Prices breadcru  | Cotton yarn prices steady in south India, fabric buying remains weak

Prime Content | 
Cotton yarn prices steady in south India, fabric buying remains weak

09 Jun '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In south India, cotton yarn markets remain stable, but increased purchasing suggests a positive trend.
  • Weaving industry has not boosted production due to low garment industry demand, resulting in partial power loom operation in Maharashtra and other states.
  • Despite stagnant prices, traders in Mumbai and Tiruppur remain optimistic about future price growth.

In Mumbai, cotton yarn prices hovered around previous levels due to a lack of market stimulus from the demand side. “Weaving activities in Maharashtra haven&#**;t picked up yet, as fabric demand remains low. Nevertheless, a positive outlook persists in the yarn market, based on anticipation for higher future prices,” Bharat Shah, a Mumbai market trader, told Fibre2Fashion.

In Mumbai, ** count carded cotton yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp &#****;***-*** per kg, ** carded (weft) cotton yarn &#****;*,***-*,*** per *.* kg, **/** count carded cotton yarn (warp) &#****;***-*** per kg, **/** count carded cotton yarn (warp) &#****;***-*** per kg and **/** count combed yarn (warp) &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

Get Free Weekly Market Insights Newsletter

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