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Stable cotton yarn prices in south India reflect margin pressures

In Mumbai, cotton yarn demand is waning, though prices for most counts and varieties have remained stable. Mills have attempted to raise yarn prices, but weaker demand has prevented any such increase. A Maharashtra-based trader speaking to Fibre2Fashion said, "The likelihood of a boost from festival demand is slim. While some demand may emerge in the run-up to upcoming festivals, large stockpiles will prevent prices from rising. Additionally, subdued export demand means the market is unlikely to find support until this aspect improves." 

In Mumbai, ** carded yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** per kg, ** carded weft at &#****;*,***-*,*** per *.* kg, **/** carded warp at &#****;***-*** per kg, **/** carded warp at &#****;***-*** per kg and **/** combed warp at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.