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Cotton yarn prices up in south India amid hopes of payment rule relief

05 Mar '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices in Mumbai and Tiruppur rose due to anticipated relief from a new payment rule.
  • Despite no official confirmation, traders saw increased demand, particularly for coarse counts.
  • In Mumbai, various yarn counts rose ₹*-* per kg.
  • Cotton prices eased in Gujarat due to ICE cotton, with arrivals estimated at ***,***-***,*** bales nationwide.

The Tiruppur market noted an increase of &#****;*-* per kg in cotton yarn, especially in coarse counts. A trader from the Tiruppur market told Fibre2Fashion, “Mills were more interested in raising prices in coarse counts of cotton yarn as there was good demand for these counts. Although traders and stockists were busy with profit selling, market prices found room to rise.”

In Tiruppur market, cotton yarn prices were noted as ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded cotton yarn &#****;***-*** (approximately $*.**-*.**) per kg and ** count carded cotton yarn &#****;***-*** (approximately $*.**-*.**) per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

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