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Sluggish demand weighs on Mumbai cotton yarn, Tiruppur holds firm

In Mumbai, cotton yarn prices dropped by &#****;*–* per kg for coarse counts, while finer counts stayed stable. A Mumbai trader told Fibre*Fashion, “Consumers and traders are avoiding stocking up as the new cotton crop is about to enter the market. Duty-free cotton imports this year will also keep prices under pressure. Buyers are purchasing yarn only for immediate requirements.”

In Mumbai, ** carded yarn of warp and weft varieties were traded at &#****;*,***-*,*** (~$**.**-**.**) and &#****;*,***-*,*** per * kg (~$**.**-**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (~$*.**-*.**) per kg, ** carded weft at &#****;*,***-*,*** (~$**.**-**.**) per *.* kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg and **/** combed warp at &#****;***-*** (~$*.**-*.**) per kg, according to trade sources.