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South India's cotton yarn market positive; prices up in Mumbai

14 Feb '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • South India observed a positive tone in cotton yarn trade as prices increased by ₹*-* per kg in Mumbai. However, Tiruppur market noted stability in cotton yarn prices despite higher demand. According to yarn traders in Mumbai, buyers were negotiating discounts on cotton yarn. The increase in cotton prices also pushed up yarn prices in the Mumbai market.

The Mumbai market witnessed an upward trend in cotton yarn prices due to improved buying. “Spinning mills have increased cotton yarn prices as mills received export orders. However, buyers, i.e., power loom owners were not keen to buy at higher prices. Therefore, trade volume was not high,” Jai Kishan, 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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