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South Indian cotton yarn prices steady; exporters gain from weak INR

The Tiruppur market saw slight relief from the falling rupee. Garment exporters benefitted from favourable rupee-denominated payments. The currency&#**;s weakness brought some optimism to the cotton yarn trade. A trader from Tiruppur told Fibre2Fashion, “There was no movement in cotton yarn prices in either direction. However, the weaker rupee was a boost to market sentiment. Cotton yarn demand was average, as the consumer industry is purchasing in line with regular consumption needs.”

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.