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South India cotton yarn stable despite seasonal demand for uniforms

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

Insights

  • Cotton yarn prices in South India have remained stable with limited trade, and the market is expected to remain quiet until the end of March. Mumbai and Tiruppur have seen steady cotton yarn markets, with demand from the school uniform segment not enough to support the yarn market. Gujarat saw a gain in cotton prices due to higher buying from spinning mills.

In Mumbai, the cotton yarn market is steady, but demand from the downstream industry is not expected to rise until the end of this month. “The current muted trend of the market was expected, as it happens every year. However, there is some demand from the school uniform segment, which is showing changing dynamics in the market. The raw material for school uniforms changes quickly and there is a focus on lower cost, which limits the varieties of yarn used in the garment segment,” 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. The ** 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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