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South Indian cotton yarn market optimistic amid rising demand

Cotton yarn prices increased for a few counts and varieties due to higher domestic demand. A trader from Mumbai told Fibre2Fashion, "Local demand for cotton yarn was slightly higher, which supported market sentiment. Shipments to Bangladesh are also likely to resume very soon, which will attract buyers for new deals. However, the prolonged sluggish demand remains a concern for the entire textile value chain.”

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