Fashion
South Indian cotton yarn sees positive New Year tone, trade thin
The Tiruppur market maintained a positive sentiment, despite steady cotton yarn prices. Market participants expect higher lifting of cotton yarn in the coming weeks. A trader from the Tiruppur market told Fibre*Fashion, “Cotton prices are increasing across the country. Northern mills have raised cotton yarn prices to recover higher production costs. Southern mills are also reducing discounts to increase net realisations. The consumer industry is expected to ramp up production in the 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.