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Cotton yarn prices down in Mumbai, south India sees limited demand

The Mumbai market witnessed a drop of &#****;*-* per kg in most counts and varieties. Mumbai is set to vote on May **, in the fifth and last phase of Maharashtra. A trader from Mumbai informed Fibre2Fashion, "After the voting, the market will see better payment flow. Buyers and sellers were not interested in new deals. Slow demand in the retail market also remained a cause for concern.”

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, **/** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, and **/**-carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, according to trade sources.