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Cotton yarn prices decline in south India, uncertainty prevails

10 May '24
3 min read
Cotton yarn prices decline in south India, uncertainty prevails
Cotton yarn prices decline in south India, uncertainty prevails

Insights

  • Cotton yarn prices continue to fall due to sluggish demand in markets like Mumbai and Tiruppur, where prices have decreased by ₹*-* per kg.
  • Traders cite weak domestic and export demand, exacerbated by rising container freight rates.
  • While carded yarn prices dropped, combed yarn prices remained steady.
  • In Gujarat, cotton prices are stable.

The Mumbai market witnessed a price ease of &#****;*-* per kg across most counts and varieties. The market is not expected to see improvements in cotton yarn. A Mumbai trader informed Fibre2Fashion, "The market will see lower buying until the end of the summer season. Demand will not pick up until the end of June."

In Mumbai, ** carded yarn of warp and weft varieties were sold 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, **/** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, and **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, according to trade sources.

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