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South Indian cotton yarn trade stable; exports lift sentiment

Cotton yarn traded steadily in the Tiruppur market. Sentiment improved slightly following reports of Chinese export orders. However, traders and spinning mills remain cautious due to thin margins at current prices. A Tiruppur-based trader told Fibre*Fashion, “Cotton yarn prices are hovering at the bottom line. There is a possibility of a turnaround if cotton prices gain support from government procurement at higher levels. Prices are unlikely to fall further.”

In Tiruppur, knitting cotton yarn prices were noted as ** count combed cotton yarn at &#****;***-*** (~$*.**-*.**) per kg (excluding GST), ** count combed cotton yarn at &#****;***-*** (~$*-**-*.**) per kg, ** count combed cotton yarn at &#****;***-*** (~$*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg, ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg and ** count carded cotton yarn at &#****;***-*** (~$*.**-*.**) per kg.