South India cotton yarn steady on firm industry demand

The Mumbai cotton yarn market witnessed firm demand amid stable price trends. Overall market sentiment remained positive, with better demand for combed cotton yarn. A trader from the Mumbai market told Fibre*Fashion, “Cotton yarn prices remained at previous levels. Spinning mills are waiting to raise yarn prices following the recent increase in cotton prices. Local demand in the cotton yarn market remained strong.”

In Mumbai, ** carded yarns of warp and weft varieties were traded at ****;*,***–*,*** (~$**.**–**.**) and ****;*,***–*,*** (~$**.**–**.**) per * kg (excluding GST), respectively. Other prices included ** combed warp at ****;***–*** (~$*.**–*.**) per kg, ** carded weft at ****;*,***–*,*** (~$**.**–**.**) per *.* kg, **/** carded warp at ****;***–*** (~$*.**–*.**) per kg, **/** carded warp at ****;***–*** (~$*.**–*.**) per kg, and **/** combed warp at ****;***–*** (~$*.**–*.**) per kg, according to trade sources.

Tiruppur market also witnessed stable cotton yarn prices. Demand from the downstream industry remained average despite last week**;s price increase. Market sources said that both domestic and export demand continued to support cotton yarn trade, while stronger cotton prices also provided support to the yarn market. Traders expected the positive market sentiment to continue for at least the next few weeks. Export-oriented garment manufacturing activities also remained encouraging.

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.