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South Indian yarn market holds firm, eyes domestic demand uptick

Although cotton yarn prices remained unchanged in the Tiruppur market, there was a noticeable increase in trading discounts and lower deal rates. Stockists and millers faced pressure to clear their inventories. A trader from the Tiruppur market told Fibre2Fashion, “Sellers are being forced to offer higher discounts to attract potential buyers. Domestic demand may improve in the coming weeks, but it will not be enough to revive market sentiment. Cotton yarn demand typically slows down in the domestic market after summer, making export orders for garments and other textile products more critical.”

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.