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South India's cotton yarn prices stable; Chinese garment imports surge

15 Sep '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • The cotton yarn market in south India, including Mumbai and Tiruppur, remains bearish with stable prices despite increasing cotton costs.
  • Traders express inability to raise yarn prices owing to amplified production costs and a steady influx of Chinese garment imports affecting the textile value chain.
  • The weakened demand from the weaving industry continues.

In the Tiruppur market, the state of demand from the weaving industry remains weak, with no anticipation of improvement in the near future. A trader conveyed to Fibre2Fashion, “There was no additional weakness in demand from the weaving industry. However, the market did not witness any signs of improvement. The surge in garment imports from China is indeed a concern for the market.”  

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. 

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