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Poor demand of cotton yarn in south India, prices down in Mumbai

Cotton yarn prices decreased by &#****;*-* per kg in the last couple of days as the market saw very slow demand from power loom owners. A trader from Mumbai told Fibre2Fashion, "There was no sign of improvement in buying from fabric manufacturers. Power loom production usually picks up this month and reaches its peak in August every year. But this year, they are running production on a very limited scale as the garment industry is still very slow in buying.”

In Mumbai, ** carded yarn of warp and weft varieties were sold at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, ** carded weft at &#****;*,***-*,*** (approximately $**.**-$**.**) per *.* kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg and **/** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, according to trade sources.