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Fabric demand sparks optimism for steady south Indian cotton yarn

The Mumbai market has seen slightly better demand from power loom owners, but cotton yarn prices did not experience any significant movement. A trader from Mumbai told Fibre2Fashion, "The market has noted higher demand for fabric from the garment industry, raising hopes for higher demand for cotton yarn in the coming weeks. Seasonal demand for the upcoming festival has already been delayed by a few weeks. Export orders are gaining momentum, and manufacturers need to buy raw materials to fulfil their commitments.”

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