Tirupur yarn prices increased by Rs.3 to Rs.5 per KG

hosiery yarn rate in Tirupur has been increased by 3 to 5.Rs. The reasons for the increase is still not very clear. some sources say garment industry in tirupur has started get booking for winters that too in good volumes so spinning mills have increased the price in anticipation of demand. other source say that it's mainly due to fequent power cuts. The reason for the price increase is still not clear but for sure that price have been increase by 3 to 5 rs.