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Positive tone in south Indian cotton yarn market, Tiruppur prices up

15 Mar '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • South Indian cotton yarn market, particularly in Tiruppur, experienced a price increase due to strong demand, with optimism for the summer season.
  • In contrast, Mumbai's market remained stable. Cotton prices are down, influencing yarn prices, despite recent increases.
  • Tiruppur saw a bullish trend with rising prices, while Mumbai reported cautious buying.

The Tiruppur market exhibited a bullish trend in cotton yarn, with prices moving upward. The demand was robust across the entire cotton value chain. A trader from the Tiruppur market informed Fibre2Fashion, "Mills raised yarn prices by &#****;** per kg at the start of this month. The market has absorbed this hike so far. This means that cotton yarn prices have increased by &#****;*-** per kg in the last two weeks. Discounts offered by mills also reduced to &#****;*-* per kg for select buyers. Market sentiment is positive, which has driven demand for cotton yarn."

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