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Cotton yarn remains bearish in south India, but optimism in market

In the Tiruppur market, cotton yarn prices decreased by &#****;*-* per kg as mills and traders were forced to offer lower prices. They were feeling difficulty in finding buyers due to slower demand from the weaving and garment industry. However, traders saw a hope from stronger ICE cotton. A trader from Tiruppur told Fibre2Fashion, “If ICE cotton remains stronger, demand of Indian cotton and yarn may pick up. Spinning mills have received some enquiries. Gujarat’s mills have already got order for cotton yarn supply. The market will take at least two weeks to respond positively.”

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