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South Indian yarn market weakens after RoDTEP cut; Mumbai prices down

24 Feb '26

4 min read

South Indian yarn market weakens after RoDTEP cut; Mumbai prices down

Pic: Shutterstock.com

Insights

South India's cotton yarn market weakened after the government halved RoDTEP export incentives, dampening buying sentiment.
Mumbai yarn prices fell by ₹*-* per kg amid sluggish demand and liquidity constraints, while Tiruppur prices held steady despite margin concerns.
In Gujarat, cotton prices eased as CCI cut auction rates, though mills showed limited interest.

In Mumbai, cotton yarn prices fell by &#****;*–* per kg across various counts and varieties. Demand has remained sluggish, and the recent incentive reduction further discouraged buying. A Mumbai-based trader told Fibre*Fashion, “Consumer industries have built sufficient stocks of raw materials for the coming summer season. They are now cautious about fresh buying. A liquidity crunch has also capped their stocking capacity. There is unease regarding future demand after the incentive cut.”

In Mumbai, ** carded yarn of warp and weft varieties were traded at &#****;*,***-*,*** (~$**.**-**.**) and &#****;*,***-*,*** (~$**.**-**.**) per * kg (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (~$*.**-*.**) per kg, ** carded weft at &#****;*,***-*,*** (~$**.**-**.**) per *.* kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg and **/** combed warp at &#****;***-*** (~$*.**-*.**) per kg, according to trade sources.