{"id":3164,"date":"2024-03-19T17:27:34","date_gmt":"2024-03-19T09:27:34","guid":{"rendered":"https:\/\/www.textile-fabric.com\/archives\/3164"},"modified":"2024-03-19T17:27:34","modified_gmt":"2024-03-19T09:27:34","slug":"mumbai-cotton-yarn-prices-fall-ahead-of-holidays-southern-india-market-cautious","status":"publish","type":"post","link":"https:\/\/www.textile-fabric.com\/?p=3164","title":{"rendered":"Mumbai cotton yarn prices fall ahead of holidays, southern India market cautious"},"content":{"rendered":"<p>Foreign news on August 30 showed that the price of cotton yarn in Mumbai fell by 5 rupees per kilogram as retailers and traders tried to clear stocks before the Ganesha festival.  <\/p>\n<p>Tirupur yarn price trend is stable as demand is not supportive.  Overall, the South Indian market is cautious.  <\/p>\n<p>The Mumbai market continues to witness a downward price trend as demand remains very weak.  <\/p>\n<p>As retailers and traders try to clear their stocks ahead of Ganesha, one of the most important festivals in Maharashtra, most cotton yarn varieties are priced per kg  Down 5 rupees.  <\/p>\n<p>A trader in the Mumbai market told Fibre2Fasdfssdfsshion, &#8220;Traders and retailers are locking in profits before the holiday on Wednesday. Lack of demand has forced sellers to lower prices. Cotton mills must  Reduce the selling price.&#8221;<\/p>\n<p>The trading price of warp and weft 60-count fine cotton yarn is 1875-1925 rupees and 1775-1850 rupees per 5 kilograms (excluding consumption tax).  <\/p>\n<p>According to Fibre2Fasdfssdfsshion&#8217;s market insight tool TexPro, 80-count cotton yarn (weft yarn) sells for 1840-1890 rupees per 4.5 kg, and 44\/46-count thick cotton yarn (warp yarn  ) price per kilogram is 365-375 rupees.  40\/41 count carded cotton yarn (warp yarn) is sold at Rs 350-355 per kg.  The price of 40\/41 count combed yarn (warp yarn) is 390-395 rupees per kilogram.  <\/p>\n<p>Cotton yarn prices have remained stable in the Tirupur market over the past few days.  <\/p>\n<p>Traders said that yarn market demand is at average levels.  The current demand cannot support the increase in cotton yarn prices.  <\/p>\n<p>According to market news, buyers are only buying cotton yarn to meet immediate needs.  <\/p>\n<p>According to TexPro data, in the Tirupur market, the transaction price of 30-count combed cotton yarn on Tuesday was 350-355 rupees per kilogram (excluding consumption tax); 34-count fine  The trading price of carded cotton yarn is 362-367 rupees per kilogram; the trading price of 40-count combed cotton yarn is 365-370 rupees per kilogram.  <\/p>\n<p>30-count carded cotton is sold at 327-330 rupees per kilogram; 34-count carded cotton is sold at 335-340 rupees per kilogram; 40-count carded cotton is sold at 335-340 rupees per kilogram;  Cotton is sold at Rs 345-350 per kilogram.  <\/p>\n<p>In Kupang, cotton prices remain stable due to decreasing trade volume.  Cotton purchases by textile mills fell further.  In the Kupang spot market, the transaction price of S-6 cotton is 91,000-100,000 rupees per kandi (1 kandi = 356 kg).  <\/p>\n<p>According to traders, there is a shortage of high-quality cotton, and lower-quality cotton is currently being traded.  &lt;\/p<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign news on August 30 showed that the price of cotton yarn in Mumbai fell by 5 rupees per kilogram as retailers and traders tried to clear stocks before the Ganesha festival. T&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46],"class_list":["post-3164","post","type-post","status-publish","format-standard","hentry","category-textile-fabric-news","tag-db"],"_links":{"self":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3164"}],"version-history":[{"count":0,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3164\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}