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Israel-Iran ceasefire eases pressure on south India cotton yarn market

The Tiruppur market has also calmed following the Israel-Iran ceasefire. Although demand for cotton yarn remained sluggish, optimism persisted for a recovery in the coming weeks. A trader from Tiruppur told Fibre2Fashion, “Cotton yarn traders and spinning mills are expecting better demand, as the ceasefire has improved the outlook for garment orders from the US and Europe. Earlier, the market was concerned about disruptions in international trade due to the conflict in the Middle East. Sellers are still under pressure to find potential buyers.”

In Tiruppur, knitting cotton yarn prices were noted as ** count combed cotton yarn at &#****;***-*** (~$*.**-*.**) per kg (excluding GST), ** count combed cotton yarn at &#****;***-*** (~$*.**-*.**) per kg, ** count combed cotton yarn at &#****;***-*** (~$*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg and ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg.