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Rising demand, supply shortage drive cotton yarn prices in south India

In the Mumbai market, cotton yarn prices traded higher, with carded weaving yarn jumping by up to &#****;** per kg. Other counts and varieties of cotton yarn also saw gains of &#****;*-* per kg. Bharat Shah, a trader from the Maharashtra market, told Fibre2Fashion, "Mills have shifted to producing ** count carded yarn, creating a shortage of lower-count cotton yarn. Spinners are trying to reduce their cotton consumption by shifting production towards higher counts." He also acknowledged that improved buying for the coming season has driven up cotton yarn prices.

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.