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Demand for South India's cotton yarn improves; export orders up

03 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • South India's cotton yarn market witnessed a positive trend today due to better demand and export orders. Gujarat mills received cotton yarn export orders which strengthened the market sentiments. Fine count yarn remained bearish, while cotton yarn of coarse counts saw a price rise in Mumbai. Prices in the Tiruppur market remained steady.

Mumbai market witnessed a mixed trend in cotton yarn prices. Coarse count cotton yarn prices improved by &#****;*-** per kg, but fine count yarn eased by &#****;*-* per kg as domestic demand was weak. A trader from Mumbai told Fibre2Fashion, “There were more buyers for coarse count cotton yarn because of Chinese export orders. Coarse count of combed yarn is mostly exported. More buyers were enquiring after an increase in cotton yarn prices by spinning mills.” 

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra) respectively. ** count combed warp was priced at &#****;***-*** per kg; ** count 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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