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South India cotton yarn market faces mixed trends amid heavy rains

The Mumbai market saw a further decline of &#****;*-* per kg as slow demand forced traders and stockists to offer lower rates. Heavy rains also disrupted production and transportation activities in the textile industry. A trader from Mumbai told Fibre2Fashion, "Garment manufacturing units are very cautious about buying fabric. It is a basic problem of the current yarn market. Rains have also affected cotton yarn demand as production and transportation activities have slowed down.”

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.