Home breadcru News breadcru Raw Material Prices breadcru  | Demand for cotton yarn up in south India; prices drop in Tiruppur

Prime Content | 
Demand for cotton yarn up in south India; prices drop in Tiruppur

04 Jul '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn demand has surged in south India, prompting traders to expect a positive shift in market sentiment.
  • Despite a price drop in Tiruppur, the market anticipated an increase due to high demand.
  • Mumbai's cotton prices remained stable, with weavers actively buying yarn to increase production.
  • Meanwhile, cotton prices in Gujarat have risen.

In Mumbai, despite increased demand, cotton yarn prices remained unchanged. Weavers have been purchasing yarn in preparation for ramping up production to accommodate their workforce. The recent uptick in cotton prices has also motivated them to buy. A Mumbai market trader told Fibre2Fashion, “Cotton yarn prices steadied at current level because of better demand. After summer holidays, workers are back in power looms. It will improve weaving activities. Higher buying activities in yarn is a good sign for the entire value chain.” 

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 at &#****;***-*** per kg, ** carded (weft) cotton yarn at &#****;*,***-*,*** per *.* kg, **/** count carded cotton yarn (warp) at &#****;***-*** per kg, **/** count carded cotton yarn (warp) at &#****;***-*** per kg and **/** count combed yarn (warp) at &#****;***-*** 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!