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South India cotton yarn prices unmoved; possibility of better demand

28 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices in South India remained stable with slow demand, but the increase in cotton prices boosted sentiments in the yarn market.
  • Mumbai and Tiruppur saw stable cotton yarn prices, with hopes of better demand in April.
  • In Gujarat, cotton prices were higher due to improved ICE cotton.
  • All India cotton arrival was estimated at **.** lakh bales.

Cotton yarn prices remained stable in Mumbai amid poor demand, and the market was looking towards April for better sentiments. Demand from the downstream industry was still weak. “The market has high hope from April. Buyers will come back to the market as they need to run their operations,” a trader from Mumbai told Fibre2Fashion

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