In the Tiruppur market also, cotton yarn prices witnessed consistent pressure amid slower demand. The prices decreased by ****;*–* per kg in the last couple of days. Buyers are avoiding in building stock as they expect further downfall in the natural fibre. A trader from Tiruppur market told Fibre*Fashion, “The bearish trend is likely to continue for at least the next couple of weeks. Buyers are reassessing their procurement strategies, while spinning mills are receiving fewer new export orders than before. Slower export demand is forcing mills to divert more cotton yarn to the domestic market. However, domestic demand remains insufficient to support overall market sentiment.”
In Tiruppur, knitting cotton yarn prices were noted as follows: ** 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.
