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Weak demand for cotton yarn in south India; prices down in Tiruppur

In Tiruppur, the dip in cotton yarn prices ranged from &#****;*-* per kg. Pressure is building on mills and stockists to slash prices, with mills either reducing cotton yarn prices or offering higher discounts to attract buyers. “The entire textile value chain is under exceptional stress due to limited buying. Global brands are reluctant to place large orders due to a lack of confidence in demand, particularly in Europe and the United States. The weaving and spinning industries are also feeling the heat of the slowed export demand,” a trader from Tiruppur told Fibre2Fashion. 

Prices in the Tiruppur market include &#****;***-*** per kg (excluding GST) for ** count combed cotton yarn, &#****;***-*** per kg for ** count combed cotton yarn, &#****;***-*** per kg for ** count combed cotton yarn, &#****;***-*** per kg for ** count carded cotton yarn, &#****;***-*** per kg for ** count carded cotton yarn, and &#****;***-*** per kg for ** count carded cotton yarn, according to Fibre2Fashion&#**;s market insight tool TexPro.