In Tiruppur, cotton yarn prices slipped further by ****;* per kg. Although mills have not officially reduced selling prices yet, they are expected to do so in the coming days. A Tiruppur-based trader told Fibre2Fashion, “After the additional ** per cent tariff on August **, more orders and bookings will be cancelled. Payment flow will further dry up across the textile value chain. Buyers are slowing down bookings as they expect a price correction.” Southern spinning mills are preparing to revise prices for the coming months.
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.
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