Cotton prices surge ₹4,000 a candy, T.N. textile mills fret over costs
Cotton prices in Tamil Nadu have surged by ₹4,000 per candy due to lower-than-expected arrivals and anticipated production declines. Textile mills are expressing concern over rising input costs and the potential impact of reimposed import duties on their market competitiveness.
Why it matters
The textile industry is a major employer in India; rising raw material costs threaten the profitability and global competitiveness of thousands of mills.
Cotton prices surge ₹4,000 a candy, T.N. textile mills fret over costs left A cotton textile mill in Tiruppur The Hindu The Hindu https://th-i.thgim.com/public/incoming/kek580/article71611592.ece/alternates/FREE_1200/_DSC68551.JPG PERIASAMY M Coimbatore Tamil Nadu 01/01/2026: (for Tiruppur Coffee Table Book) (to go with Soundariya Preetha report) A cotton textile mill in Tiruppur in January 2026. Photo: Periasamy M/ The Hindu. COIMBATORE Cotton prices have surged ₹4,000 a candy in the past 10 days, barely 22 days into the 2026-27 cotton marketing season, raising concerns among more than 1,500 textile mills in Tamil Nadu over rising input costs. “Cotton arrivals are not as expected for a couple of reasons,” said Nishant Asher, secretary of the Indian Cotton Federation. Cotton prices have risen from ₹64,000 to ₹68,000 a candy on an ex-gin basis, an unusual increase for October.
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