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Cotton yarn prices stable in south India as buying drops

In Mumbai, the cotton yarn market has observed stability in prices despite a further weakening in demand. Mills have been offering discounts for bulk purchases, with the reductions ranging from &#****;*-* per kg. A trader from Maharashtra informed Fibre2Fashion, "Demand is unlikely to gain traction in the textile value chain during the current fortnight. Consumers tend to avoid making purchases during this period, which negatively impacts demand across the entire textile value chain. As a result, spinning mills appear to be under pressure and are offering discounts." 

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 and **/** combed warp at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.