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Cotton yarn market faces mixed trends in south India as demand varies

20 Dec '24
4 min read
Cotton yarn market faces mixed trends in south India as demand varies
Cotton yarn market faces mixed trends in south India as demand varies

Insights

  • In south India, cotton yarn prices showed a mixed trend.
  • Tiruppur saw a slight decrease due to higher discounts offered by mills, while Mumbai maintained stable prices due to steady demand.
  • The Cotton Corporation of India's procurement helped stabilise cotton prices, though a potential supply crunch is anticipated post-****.
  • Cotton prices in Gujarat fell due to weak demand and bearish trends.

In Mumbai, the market observed stability in cotton yarn prices amid average demand from the consumer industry and stockists. A trader from the Mumbai market told Fibre2Fashion, "The consumer industry and stockists are buying cotton yarn on a regular basis. The market will see higher demand next month when summer demand picks up. There was optimism in the Mumbai cotton yarn market."

In Mumbai, ** carded yarn of warp and weft varieties were traded at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, ** carded weft at &#****;*,***-*,*** (approximately $**.**-$**.**) per *.* kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg and **/** combed warp at &#****;***-*** (approximately $*.**-*.**) per kg, according to trade sources.

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