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South India yarn demand may rise; enquiries for finer counts grow

In Mumbai, traders expect higher production from power looms and auto looms as workers return after the long holiday. Although current demand was average, cotton yarn prices remained stable. A trader from the Mumbai market told Fibre*Fashion, “The loom sector will ramp up fabric production in the coming weeks. This will lead to higher lifting of cotton yarn. Although payment flow is still very slow, buyers will return to the market as the loom sector will need to buy raw material.”

In Mumbai, ** carded yarn of warp and weft varieties were traded at &#****;*,***-*,*** (~$**.**-**.**) and &#****;*,***-*,*** per * kg (~$**.**-**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (~$*.**-*.**) per kg, ** carded weft at &#****;*,***-*,*** (~$**.**-**.**) per *.* kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg and **/** combed warp at &#****;***-*** (~$*.**-*.**) per kg, according to trade sources.