In the Tiruppur market, cotton yarn prices remained stable despite removal of duty on cotton imports. The policy decision will increase cotton availability, leading to pressure on fibre prices but spinning mills are trying to hold cotton yarn prices at current levels. A trader from the Tiruppur market told Fibre*Fashion, “Southern mills preferred to roll over selling rates of cotton yarn under monthly review exercise. Stability in cotton yarn prices may push demand from consumer industry. Better availability of workers will also improve production activities in textile value chain. Hopefully, cotton yarn demand may pick up in coming weeks.”
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.
