South India cotton yarn prices steady on improved export outlook
Although cotton yarn prices in Tiruppur remained stable, market sentiment improved. A trader from Tiruppur told Fibre*Fashion, “The declining trend may halt as cotton yarn export prospects have improved. Chinese buyers are enquiring about Indian cotton yarn. Gujarat mills have already increased selling rates by ****;*–* per kg. Spinning mills may get some relief following duty-free cotton imports until December this year.”
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.
