Home breadcru News breadcru Raw Material Prices breadcru  | Cotton yarn prices steady amidst sluggish demand in south India

Prime Content | 
Cotton yarn prices steady amidst sluggish demand in south India

24 Sep '24
3 min read
Cotton yarn prices steady amidst sluggish demand in south India
Cotton yarn prices steady amidst sluggish demand in south India

Insights

  • Cotton yarn prices in south India remained stable due to slow demand, with markets in Mumbai and Tiruppur witnessing weak buyer activity.
  • Spinning mills are relying more on the domestic market, though demand is expected to rise after the fortnight when the festival season begins.
  • Cotton prices in Gujarat also stayed stable amidst low demand and cautious buying from mills.

The Tiruppur market did not experience any significant movement in cotton yarn prices. Demand in the market was moderate, sufficient to maintain current price levels. A trader from the Tiruppur market told Fibre2Fashion, "Several factors have dampened buying from the downstream industry. The market remained bearish in terms of demand. Cotton supply is supporting the yarn market based on various factors."

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.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!