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Cotton yarn prices stable amid muted demand in south India

04 Oct '24
4 min read
Cotton yarn prices stable amid muted demand in south India
Cotton yarn prices stable amid muted demand in south India

Insights

  • Cotton yarn prices in south India remained stable amid weak demand and limited supply.
  • Both Mumbai and Tiruppur markets saw muted activity as fabric manufacturers prepare for summer production.
  • Higher cotton arrivals could pressure prices, while government measures to protect the domestic synthetic fabric industry may provide indirect support.
  • Traders expect demand to rise in the coming weeks.

In the Mumbai market, cotton yarn prices remained stable despite weaker demand. However, sellers are offering discounts of &#****;*-* per kg on a client-to-client basis. A trader from the Mumbai market told Fibre2Fashion, “After the winter and festival season, the cotton yarn trade market takes a pause for some time. Summer demand will pick up in a few weeks when power loom owners begin fabric production. Winter season demand will peak again after the Diwali festival.”

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 and **/** combed warp at &#****;***-*** (approximately $*.**-*.**) per kg, according to trade sources.

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