South Indian cotton yarn down on weak demand; export orders may rise
In Tiruppur, cotton yarn prices declined as mills and traders faced slow demand. However, mills did not lower their official selling rates this month. A Tiruppur trader told Fibre*Fashion, “Mills are offering discounts to buyers who commit to purchasing cotton yarn. After the US tariff, the average discounts increased by ****;*–* per kg.” Market experts expect export orders to rise after *–* months, once cheaper imported cotton arrives at Indian ports. With duty waivers, the landed cost of imported cotton will be lower, reducing production costs.
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.
