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South India cotton yarn seen rising on fibre price uptrend

Cotton yarn traded steadily in the Tiruppur market, but market sentiment was positive in the first week of the new year. Demand for cotton yarn is expected to rise in the coming weeks. A trader from Tiruppur told Fibre*Fashion, “Cotton yarn prices may increase by &#****;*–* per kg in the coming week when market conditions allow spinning mills to act. There is a need to raise yarn prices to protect mills’ margins.” Weaving, spinning and garment production activities are expected to pick up in the coming weeks. Summer demand was delayed due to payment constraints and market uncertainty.

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.