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South India's cotton yarn market steady amid muted demand

The Tiruppur market has observed a steady trend in cotton yarn prices, despite poor uptake from the weaving industry. Both the weaving sector and garment manufacturing units are focusing on clearing their existing stocks in the current festival season. Purusottam Parmanandka, the joint managing director of Tiruppur-based yarn trading company Kesharinandan Knit Fabrics Pvt Ltd, told Fibre2Fashion, "The weaving industry has shown poor lifting of cotton yarn. Buyers did not anticipate much demand for fabric from the garment industry. However, buyers may return for restocking as Diwali approaches." 

Prices in the Tiruppur market 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, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.