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Cotton yarn stable in south India, poor demand expected till year-end

In Mumbai, cotton yarn prices were hovering at previous levels as demand was weak. A trader from the Mumbai market told Fibre2Fashion, "Cotton yarn prices were maintained at the previous level. Demand from the weaving industry was average. Mills were unable to raise yarn prices after the increase in cotton." He said that there was little hope for strong festival demand because of huge inventories at every level in the entire value chain. 

In Mumbai, ** count 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.