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South Indian yarn prices stable; rising cotton costs create disparity

10 Sep '24
3 min read
South Indian yarn prices stable; rising cotton costs create disparity
South Indian yarn prices stable; rising cotton costs create disparity

Insights

  • Cotton yarn prices in south India remained stable amid moderate demand, with Tiruppur maintaining last week's price increase, though further rises are unlikely.
  • Mumbai saw sluggish demand due to weak retail demand and fabric underperformance.
  • Spinning mills are facing pressure from rising cotton costs and limited demand, both domestically and for export.

In Tiruppur, cotton yarn prices remained steady with moderate demand from fabric manufacturers. Prices had increased due to the higher cost of natural fibre. A Tiruppur-based trader told Fibre2Fashion, "The market has experienced average demand but managed to retain last week’s price increase. However, a further price hike is not viable at this stage. Both domestic and export demand for cotton yarn remains limited, but better demand is expected in the coming weeks."

In Tiruppur, knitting cotton yarn prices were noted as ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count combed cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg and ** count carded cotton yarn at &#****;***-*** (approximately $*.**-*.**) per kg.

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