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South Indian cotton yarn prices stable despite rise in fibre costs

In the Mumbai market, there was regular demand, but buyers were purchasing cotton yarn in limited quantities. A trader from Mumbai told Fibre2Fashion, "There was average demand from power looms as they observed the lifting of fabric from the garment industry. However, the prices of cotton yarn and fabric did not see any rise in the last few days. There was a lack of confidence among buyers regarding higher demand from the downstream industry."

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.