The Mumbai market witnessed stability in cotton yarn prices, as demand remained average. Prices had increased by ****;*-* per kg last week. A trader from the Mumbai market told Fibre2Fashion, “Traders and buyers are waiting for clarity on the US tariff issue. Prices had risen last week due to local seasonal demand. Good trade was observed last week, which led to a rise in cotton yarn prices.” Power looms and auto looms are facing a shortage of workers as many are away on summer holidays.
In Mumbai, ** carded yarn of warp and weft varieties were traded 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.
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