The Mumbai market witnessed an upward trend in cotton yarn prices due to improved buying. “Spinning mills have increased cotton yarn prices as mills received export orders. However, buyers, i.e., power loom owners were not keen to buy at higher prices. Therefore, trade volume was not high,” Jai Kishan, 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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