Home / Knowledge / News / Textiles / Mills to keep yarn prices at same rate till this month
Mills to keep yarn prices at same rate till this month
Sep '10
In a press release issued, Shri.A.Sakthivel, President of Tirupur Exporters' Association has informed that a meeting was organized on 8th September 2010 in Tirupur with Shri.Thulasidharan and Shri.T.Rajkumar, Chairman & Vice Chairman of Southern India Mills' Association (SIMA), Coimbatre to discuss the increasing of cotton prices, spurting up of yarn prices and aftermath effect on knitwear exports and in the meeting, along with Shri.A.Sakthivel, Shri.S.Duraiswamy TEA Vice President and Shri.Premal Udani, Chairman, AEPC participated.

Shri.Sakthivel said SIMA has agreed to advise their members to maintain the existing level of the yarn prices till the end of this month, after having a discussion on the concerned issues. Shri.Sakthivel added Shri.P.Appukutty, President, TASMA, has also promised to extend the co-operation of TASMA and would be advising TASMA members to keep the yarn prices at the same rate till the end of this month.

The prevailing yarn rates are [Rs. 163/- (20s Count), Rs.171/- (24s Count), Rs.183/- (30s Count), Rs.190/- (34s Count), Rs.197/- (40s Count)]. Shri.Sakthivel has also advised the members to explain about the understanding reached with the respective textile Associations for supplying of yarn at the above mentioned rates, in case if the mills ask for higher rates than the prevailing rates mentioned above.

Shri.Sakthivel mentioned due to intervention of our Hon'ble Union Minister of Textiles, Thiru.Dayanidhi Maran, a group of Ministers meeting has been scheduled on 14th / 15th September 2010 to analyze the stock of the situation and he expect that some crucial decisions will be taken for softening of the cotton prices in the domestic market. He wished that such decision will also be ultimately helpful for controlling of the increasing of yarn prices.

Finally, Shri.Sakthivel said the course of action plan taken earlier is being postponed till the announcement of outcome of the group of Ministers meeting scheduled on 14th / 15th September 2010.

Tirupur Exporters' Association

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search