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South India yarn steady as rising fibre costs pressure spinners

In Mumbai, cotton yarn prices hovered at previous levels as demand showed no signs of improvement. Finer counts of cotton yarn were under greater pressure. A trader from the Mumbai market told Fibre*Fashion, “Spinning mills are feeling more pressure in selling finer counts. The domestic consumer industry has yet to ramp up buying of finer-count cotton yarn for requirements of the upcoming summer season. There was better buying of coarse-count cotton yarn.”

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.