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Cotton yarn price stable in south India, optimism persists in Tiruppur

The Mumbai market witnessed poor demand while cotton yarn prices remained steady. “The market trend turned bearish last week due to a steep rise in fabric prices. The weaving industry had increased fabric prices by *-* per cent, which discouraged buying due to limited demand from end consumers. Softness extended to cotton yarn as well,” a trader from Mumbai told Fibre2Fashion. 

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