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Cotton yarn prices down in Tiruppur, but south India market optimistic

Mumbai&#**;s market observed stable prices across different types of cotton yarn despite weak demand from the weaving sector. Trade insiders reported that fabric prices initially rose following the extension of the Diwali holiday within the weaving industry. Nevertheless, these gains were short-lived as the garment industry&#**;s slow uptake caused prices to dip once again. A Mumbai trader told Fibre2Fashion, “The longer closure of power looms and handlooms will reduce the supply of fabric, which can support prices after Diwali. But the recent gains in fabric were short-lived due to poor demand.” 

In Mumbai, ** carded yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** per kg, ** carded weft at &#****;*,***-*,*** per *.* kg, **/** carded warp at &#****;***-*** per kg, **/** carded warp at &#****;***-*** per kg, **/** combed warp at &#****;***-*** and **/** carded warp at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.