Home breadcru News breadcru Raw Material Prices breadcru  | New year brings hope in south India, cotton yarn prices gain in Mumbai

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New year brings hope in south India, cotton yarn prices gain in Mumbai

02 Jan '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • The cotton yarn trade in India saw a hopeful start in 2024, with prices rising ₹*-* per kg in Mumbai and remaining steady demand in Tiruppur. Traders expect demand for cotton yarn will rise, as export demand is expected to increase for summer garments.
  • Gujarat's cotton market remains steady amid a payment crisis, with southern mills offering higher prices.

Mumbai market witnessed increase of &#****;*-* per kg in few varieties and counts of cotton yarn. The market saw slightly higher demand for selective varieties and counts. A trader from Mumbai told Fibre2Fashion, “Spinning mills were trying to increase cotton yarn prices. They had raised prices &#****;*-* per kg for most of counts. But they had to decrease prices for few counts. However, there was confidence for revival of demand.”

In Mumbai, ** carded yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp &#****;***-*** per kg, ** carded weft &#****;*,***-*,*** per *.* kg, **/** carded warp &#****;***-*** per kg, **/** carded warp &#****;***-*** per kg, **/** combed warp &#****;***-*** and **/** carded warp &#****;***-*** 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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