Textile
| Rising demand, supply shortage drive cotton yarn prices in south India
Pic: Adobe Stock
Insights
- Cotton yarn prices have risen in the Mumbai and Tiruppur markets due to increased demand and a shortage of carded yarn.
- In Mumbai, carded weaving yarn prices rose by up to ₹10 per kg, while other varieties increased by ₹2-5 per kg.
- Tiruppur saw a rise of ₹2-3 per kg across all counts.
- The higher prices are driven by anticipated festival season demand.