| 

Sluggish cotton yarn demand persists in south Indian, prices steady

The Mumbai market witnessed steadiness in cotton yarn prices after a slight easing earlier this week. Spinning mills are looking to raise yarn prices following the increase in cotton prices, but they are not receiving sufficient support. A trader from Mumbai told Fibre2Fashion, “Spinning mills are facing slow yarn demand from the downstream industry, despite rising cotton yarn prices. Cotton prices have increased after remaining steady for a couple of days. Cotton yarn consumption may not improve until the first week of next month when workers return to power looms and auto looms.”

In Mumbai, ** carded yarn of warp and weft varieties were traded 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.