Price Hike Due to Cotton Supply Shortage
Yarn prices in Tiruppur have increased by ₹3 per kg across all varieties, following a decline in cotton supply and rising demand. Previously priced between ₹220 and ₹380 per kg, the new rates have affected the textile industry significantly.
Price Hike Due to Cotton Supply Shortage
With over 10,000 knitwear and job work units in Tiruppur, yarn is a key raw material. Manufacturers who bulk-purchase yarn based on orders are now facing higher costs.
New Yarn Prices in April
Yarn mills have announced revised prices, with key categories like 10s Combed at ₹178/kg, 30s at ₹268/kg, and 40s at ₹306/kg. The unexpected price hike has left industrialists concerned.