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South India cotton yarn stable, labour shortage causes slow demand

The Mumbai market witnessed steadiness in cotton yarn prices. Power looms are facing a labour shortage because workers from Uttar Pradesh and Bihar went to Prayagraj to attend the Maha Kumbh. A trader from the Mumbai market told Fibre2Fashion, “Cotton yarn demand is almost stable, and the prices are also steady. The labour shortage has caused slower fabric supply and limited consumption of cotton yarn. There is good demand for fabric currently.”

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.