The Tiruppur market witnessed average demand for cotton yarn, with prices hovering at previous levels. Buyers are hesitant to make purchases due to the unclear market direction. Although higher cotton prices could be considered a positive factor, they have not been sufficient to support yarn prices. A trader from the Tiruppur market told Fibre2Fashion, “Buyers remained muted in terms of fresh buying. The market was directionless despite recent gains in cotton prices. Costlier cotton and weak demand from the downstream industry have made this a challenging phase for spinning mills.”
In Tiruppur, knitting cotton yarn prices 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.
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