South India’s cotton yarn prices hold steady amid export slump and labour woes

Cotton yarn prices in South India have remained stable despite ongoing challenges such as subdued demand, labour shortages, and declining export orders. In key trading hubs like Mumbai and Tiruppur, rates have shown little to no fluctuation over recent weeks. In Mumbai, 60 count carded yarn (warp and weft) held steady at Rs 1,400-1,420 per 5 kg, while in Tiruppur, 30 count combed yarn hovered between Rs 258-262 per kg.

Market sentiment, however, has been under pressure. Labour shortages in Mumbai have disrupted operations, while a drop in export orders from the US and Bangladesh has dampened trade prospects. This slowdown in export activity has contributed to sluggish market movement, although prices have not registered any major fall.

In contrast, Gujarat's cotton market has witnessed a price rise, supported by tighter supply and a firmer trend in the ICE cotton market. Traders in the region are pinning hopes on the upcoming summer garment season, which is expected to lift domestic demand and bring some relief to the sector.

As seasonal demand builds, industry players are cautiously optimistic about a potential revival in both local and overseas markets, expecting improved consumption to support pricing stability.