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South India cotton yarn prices stable amid thin trade

24 Dec '24
3 min read
South India cotton yarn prices stable amid thin trade
South India cotton yarn prices stable amid thin trade

Insights

  • South India's cotton yarn prices remained stable due to slow demand and thin trade, with hopes of higher demand in January 2025.
  • In Tiruppur, knitting cotton yarn ranged from ₹***-*** per kg, while Mumbai prices showed similar steadiness.
  • Gujarat saw cotton prices rise ₹***-*** per candy, with Shankar-6 cotton at ₹**,***-**,*** per candy, driven by ICE cotton gains and CCI procurement.

South India’s cotton yarn market exhibited mixed signals, with thin trade and slow demand observed in the last week of December. Market experts anticipate higher demand next month as summer demand is expected to improve. 

Although knitting cotton yarn prices remained stable in the Tiruppur market, there is optimism about a potential price rise in the coming month. A trader from Tiruppur told Fibre2Fashion, “The recent rise in ICE cotton has boosted market sentiments for cotton yarn. Global cotton prices have gained around *-* cents in the last *-* sessions, rebounding on strong demand at attractive prices. This may provide support for cotton yarn prices. Additionally, consumer industry demand may pick up in January next year.”

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