Home breadcru News breadcru Raw Material Prices breadcru  | South India faces low demand; mills may cut cotton yarn production

Prime Content | 
South India faces low demand; mills may cut cotton yarn production

16 May '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • South India's cotton yarn market is facing low demand, potentially leading mills to reduce production.
  • While prices remain stable, sentiment is weak, particularly in Tiruppur and Mumbai.
  • Traders cite falling prices and slow demand as challenges, and the entire textile value chain is under pressure due to reduced exports.
  • In Gujarat, cotton prices are stable.

In Tiruppur, cotton yarn prices have held steady, but mills and stockists are grappling with slow demand and a tight payment flow. “Mills may need to consider production cut. Prices have fallen to such a low level that it could pose difficulties for mills to continue operations. The entire textile value chain is under significant pressure due to a slowdown in exports,” a trader from Tiruppur told Fibre2Fashion

Prices in the Tiruppur market include &#****;***-*** per kg (excluding GST) for ** count combed cotton yarn, &#****;***-*** per kg for ** count combed cotton yarn, &#****;***-*** per kg for ** count combed cotton yarn, &#****;***-*** per kg for ** count carded cotton yarn, &#****;***-*** per kg for ** count carded cotton yarn, and &#****;***-*** per kg for ** count carded cotton yarn, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!