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South Indian cotton yarn trade faces price stability amid mixed demand

In Mumbai, demand for cotton yarn was notably slow, as the garment industry is cautious about purchasing fabric. They are still receiving very limited orders from retailers and brands. A trader from Mumbai told Fibre2Fashion, "Sellers are trying to clear their stock by offering discounts at current prices. The market may continue to see lower buying from power loom owners as fabric prices are under pressure.”

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.