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South India's cotton yarn stable amid poor demand, labour shortage

Mumbai&#**;s market noted a weaker demand from the downstream industry, which put extra pressure on spinning mills. South Indian mills were actively looking to buy yarn in Bhiwandi and other power loom hubs of Maharashtra. “Traders and millers were trying to assess the impact on the prices. Labour shortage was also another issue for the textile sector,” a trader from Mumbai told Fibre2Fashion. 

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