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Cotton yarn demand improves in south India, prices up in Mumbai

The Mumbai cotton yarn market has experienced increased demand, resulting in a rise in cotton yarn prices. Trade sources indicated that fabric demand from the garment industry has improved recently. A trader from Mumbai told Fibre2Fashion, “The recent surge in cotton prices was the main reason for the increase in yarn prices, as buyers were encouraged by the anticipation of a price rise throughout the value chain. The prospects of higher production in power looms also supported yarn prices.” 

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra), respectively. According to Fibre2Fashion&#**;s market insight tool TexPro, ** combed warp was priced at &#****;***-*** per kg; ** carded (weft) cotton yarn was sold at &#****;*,***-*,*** per *.* kg; **/** count carded cotton yarn (warp) was priced at &#****;***-*** per kg; **/** count carded cotton yarn (warp) was sold at &#****;***-*** per kg, and **/** count combed yarn (warp) was priced at &#****;***-*** per kg.