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Container shortage impacts south Indian cotton yarn, prices steady

In Mumbai, cotton yarn prices have remained steady. However, a slight increase in fabric purchases is a positive sign for the cotton yarn market. A trader from Mumbai told Fibre2Fashion, "Currently, cotton yarn demand is not encouraging, but higher demand for fabric will boost demand in the coming weeks as buyers will come to the market for restocking. However, traders are still worried about slow retail demand and export orders."

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