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Tariff issue adds worries for South India cotton yarn; prices steady

The Mumbai market saw stable prices across various counts and varieties of cotton yarn, but demand from the weaving industry remained sluggish. A trader from the Mumbai market told Fibre2Fashion, “Looms are running at ** per cent capacity, and this may decline further due to limited fabric buying. Labour shortages have reduced cotton yarn production, while excess fabric stock has prevented prices from rising. The tariff issue has further dampened market sentiment.”

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.