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South India cotton yarn steady amid changing market dynamics

The Mumbai market witnessed steadiness in cotton yarn prices. There was higher demand from the consumer industry, but buyers are not keen to purchase at higher prices. A trader from the Mumbai market told Fibre2Fashion, “The recent rise in polyester yarn has improved market sentiments. The declining Indian currency may also help exporters secure more orders from foreign buyers. However, the current export order book is not very encouraging.”

In Mumbai, **-carded yarn of warp and weft varieties was traded at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices included ** 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.