Fashion
South India cotton yarn gains but market unease over US tariff fears
Cotton yarn prices increased by ****;*–* per kg in most of varieties and counts as demand improved in the last couple of days. A trader from Tiruppur market told Fibre*Fashion, “Cotton yarn demand improved as rising prices of cotton encouraged buying. More buyers are interested in building up stock as they expect prices to rise in the near future.” Traders showed brave face against proposed US tariff bill. They said that Indian businesses and industries need to learn floating without America. However, textile and apparel industry may see severe impact if higher tariffs materialise.
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.