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South India cotton yarn prices stable; fabric demand rises in Mumbai

03 Feb '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices continued to remain stable in south India today as the demand from the weaving industry was weak. Traders anticipate the purchasing and prices to remain steady. However, trade sources from Mumbai said that cotton yarn prices may get support because of improved buying in fabric from the garment industry in the last few days.

Cotton yarn prices in Mumbai were stable and buying of yarn was weak to average. However, higher buying in fabric recently has improved market sentiments. “Cotton yarn prices were steady because of weak demand. But demand was better in fabrics. If the demand improves further, cotton yarn may get support. Buyers were cautious because of uncertainty in market movements,” a trader from Mumbai told Fibre2Fashion

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra) respectively. ** combed warp was priced at &#****;***-*** per kg, ** carded (weft) cotton yarn was sold at &#****;*,***-*,*** per *.* kg, **/** count carded cotton yarn (warp) was priced at &#****;***-*** per kg, **/** count carded cotton yarn (warp) was sold at &#****;***-*** per kg and **/** count combed yarn (warp) was priced at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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