Home breadcru News breadcru Raw Material Prices breadcru  | Organic cotton knitting yarn FOB prices drop 35% in south India

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Organic cotton knitting yarn FOB prices drop 35% in south India

30 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Organic cotton knitting yarn prices have experienced a substantial decline in both north and south India over the past year, with the southern region witnessing a **%** drop.
  • The FOB price of 40/1 combed organic knitting yarn went from $****.* per kg in September **** to $****.* per kg by August ****.
  • It indicates sluggish demand in international markets.

In September ****, the FOB price of organic cotton knitting yarn **/* combed initially eased to $*.** per kg. However, prices fell sharply in subsequent weeks to $*.** per kg by the first week of October ****. The rates remained range-bound until February ****, then dropped to $*.** per kg. The product further declined gradually to $*.** per kg by the end of August ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

In domestic terms, the price of organic knitting yarn (**/* combed) was recorded at &#****;***.** per kg in the last week of August ****. It decreased by **.** per cent to &#****;***.** per kg by August ****. Prices experienced a sharp drop between September and November **** but stabilised and declined gradually in the following months. 

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