| 

South Indian cotton yarn prices steady amid demand, export woes

In the Mumbai market, cotton yarn prices remained stable. There were fewer buyers due to worker shortages in the power and auto loom sectors. Workers, mostly from Uttar Pradesh and Bihar, typically return to their native places during the summer for ** to ** days. A trader from the Mumbai market told Fibre2Fashion, “Fabric production activities have slowed down in Maharashtra and other regions. Manufacturers and stockists have sufficient fabric inventory to meet the garment industry&#**;s demand. Export uncertainty is also discouraging cotton yarn buying in the market.”

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.