In the Mumbai market, stronger demand from looms has been observed as they ramp up production to meet summer requirements. As a result, cotton yarn prices have increased by ****;*–* per kg in the past couple of days. Despite the announcement of tariffs by the US, the market has not shown a significant reaction. A trader from Mumbai told Fibre2Fashion, “Seasonal demand for cotton yarn has picked up as power looms and auto looms are trying to ramp up production before workers leave for their summer holidays. They typically travel to their native places for a long annual break during the summer, beginning in mid-April. Loom owners are trying to produce more fabric to cater to summer demand. Recent gains in cotton prices have also contributed to the rise in yarn prices in the Mumbai 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.
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!