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South India sees high cotton yarn demand, prices further up in Mumbai

29 Nov '24
4 min read
South India sees high cotton yarn demand, prices further up in Mumbai
South India sees high cotton yarn demand, prices further up in Mumbai

Insights

  • Cotton yarn prices in south India increased due to rising demand from garment industries and strong export orders.
  • Mumbai market saw prices rise by ₹*-* per kg, driven by summer garment production.
  • Tiruppur markets remained stable but expect price hikes amid export order redirections from Bangladesh.
  • In Gujarat, cotton prices held steady, with robust buying by mills.

The Mumbai market saw an increase of &#****;** per kg across various counts and varieties, with improved buying activity from the downstream industry. A trader from the Mumbai market told Fibre2Fashion, “Garment production has picked up for the upcoming summer season. Improved garment exports and the rising cost of natural fibres are also supporting cotton yarn prices. The market expects this positive trend to continue for at least ** weeks.”

In Mumbai, ** carded yarn of warp and weft varieties were sold before Diwali 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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