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Cotton yarn prices up in Tiruppur as buyers shift from Bangladesh

06 Sep '24
4 min read
Cotton yarn prices up in Tiruppur as buyers shift from Bangladesh
Cotton yarn prices up in Tiruppur as buyers shift from Bangladesh

Insights

  • Cotton yarn prices in south India showed mixed trends, with Tiruppur witnessing a rise of ₹*,***-₹*,*** per kg due to increased export inquiries and cotton price surges, while Mumbai prices remained unchanged due to low demand.
  • Heavy rains caused crop damage, pushing up cotton prices by ₹***,***-₹***,*** per candy.
  • Tiruppur mills raised yarn prices as demand improved.

The Tiruppur market witnessed an increase of &#****;*-* per kg across various counts and varieties. Mills are raising cotton yarn prices amid changing market dynamics. A trader from the Tiruppur market told Fibre2Fashion, "Cotton yarn prices have risen in the last few days as demand has improved across the entire textile value chain. Lower prices and the possibility of more export orders for garments have encouraged buyers to stock up on raw materials. Indian exporters are expected to receive more orders as buyers are diverting their purchases from Bangladesh. Additionally, recent reports of crop damage due to heavy rains have contributed to the increase in 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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