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Mixed trend in south India's cotton yarn market; prices drop in Mumbai

The Mumbai market has observed a sluggish tone in cotton yarn trade. The price of **-count cotton yarn declined by &#****;*-* per kg, while **-count yarn also experienced pessimistic sentiments. A trader from Maharashtra told Fibre2Fashion, "The market is likely to see lower demand because festivals may not bolster market sentiments. The textile value chain has sufficient stocks to meet festival demand. Buyers are seeking new deals only for need-based products." This implies that they are buying cotton yarn specifically for particular counts and varieties. 

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.