Prices of cotton yarn in south India remained stable, despite slow demand from the downstream industry. Cotton yarn was sold at earlier prices in Mumbai and Tiruppur. Spinning mills in south India were aggressively selling yarn in Maharashtra, while due to the absence of migrant workers after Holi, weaving and garment industries were facing a labour shortage.
Weaker demand from the downstream industry was witnessed in Mumbai’s market, putin extra pressure on spinning mills. South Indian mills were actively looking to buy yarn in Bhiwandi and other power loom hubs of Maharashtra. “Traders and millers were trying to assess the impact on the prices. Labour shortage was also another issue for the textile sector,” a trader from Mumbai was quoted as saying.
There were no indications of improvement in sentiments in the Tiruppur market with the entire value chain under pressure due to a labour shortage. Despite these facts, prices of cotton yarn remained stable, since millers were uninterested in cutting prices.
Cotton prices in Gujarat remained steady at Rs 61,000-61,500 per candy of 356 kg. These prices remained steady amid slower demand said trade sources. After a sharp decline during the previous week, prices on Monday increased. After last week’s fall, ginners have shown a lack of interest in cotton production and may go for annual closure as the season ends as a result of cotton prices failing to improve.
Bharat Tex Special Report 2026 
