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South India's cotton yarn prices steady despite slow demand

12 Apr '24
3 min read
South India's cotton yarn prices steady despite slow demand
South India's cotton yarn prices steady despite slow demand

Insights

  • South Indian cotton yarn sector is experiencing slow demand, influenced by a decline in cotton prices and sluggish buying from garment industry.
  • Despite this, yarn prices in Mumbai and Tiruppur remained stable.
  • The market is also affected by seasonal factors, like the absence of demand for school uniform fabrics and the anticipation of the general election.

Despite the slow demand from power loom owners, the Mumbai market did not witness any movement in cotton yarn prices. A trader from Mumbai informed Fibre2Fashion, "There was very slow demand from fabric manufacturers. The seasonal demand for fabric for school uniforms was also absent. It is likely that such buying will pick up after the general election. The demand for cotton yarn from the export segment was also negligible."

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 *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

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