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Tiruppur cotton yarn prices increase amid positive market sentiment

27 Aug '24
4 min read
Tiruppur cotton yarn prices increase amid positive market sentiment
Tiruppur cotton yarn prices increase amid positive market sentiment

Insights

  • Cotton yarn prices in south India have increased due to higher global cotton prices and improved domestic demand, particularly in Tiruppur, where prices rose by ₹* per kg across various counts.
  • The Mumbai market saw stable prices but good demand for polyester-cotton yarn.
  • Heavy rains affected cotton trade in Gujarat, leading to minimal activity.

The Tiruppur market witnessed slightly higher demand, which supported a &#****;* per kg increase in cotton yarn prices across all counts and varieties. A trader from the Tiruppur market told Fibre2Fashion, "Buyers are more actively looking for deals. Higher cotton prices on ICE have also encouraged them to buy. Buyers are keen to book raw materials as prices have reached quite a low level." The ginning industry is looking to increase their selling prices at the end of the current arrival season. This has also encouraged spinning mills to raise cotton yarn prices.

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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