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Cotton yarn buyers cautious in south India, prices down in Mumbai

Mumbai witnessed a downward trend as cotton yarn prices eased by &#****;*-** per kg. “Spinning mills had increased the prices of yarn which discouraged buyers. Buyers were more sensitive towards the pricing because they were struggling to protect their margins,” a trader from Mumbai told Fibre2Fashion. Traders expect overall market sentiment to improve but buyers are cautious about making new deals. 

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra) respectively. ** count combed warp was priced at &#****;***-*** per kg. ** count carded (weft) cotton yarn was sold at &#****;*,***-*,*** per *.* kg. **/** count carded cotton yarn (warp) was priced at &#****;***-*** per kg. **/** count carded cotton yarn (warp) was sold at &#****;***-*** per kg and **/** count combed yarn (warp) was priced at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro.