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Cotton yarn demand picks up in South India; prices up in Mumbai

The Mumbai market saw a rise of &#****;*-* per kg in cotton yarn prices due to higher demand from the consumer industry. Mills are trying to pass on the recent increase in cotton prices. A trader from the Mumbai market told Fibre2Fashion, “Mills are buying expensive cotton to produce yarn so they can meet the increasing demand from the consumer industry. The present strong demand does not deter mills from increasing yarn prices. The entire textile value chain is active now ahead of the summer season.”

In Mumbai, **-carded yarn of warp and weft varieties was traded at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices included ** 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.