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South India sees mixed trends in cotton yarn, prices up in Mumbai

Cotton yarn prices stabilised in the Mumbai market over the last few days after a recent increase. Mills and traders had raised prices by &#****;*-** per kg due to the higher cost of natural fibres. The market previously faced a disparity following the surge in cotton prices. A trader from the Mumbai market told Fibre2Fashion, "Mills were struggling with price disparity as cotton prices rose sharply. They increased yarn prices to address this issue. However, slow demand from the domestic and export markets has forced mills and stockholders to ease prices slightly. The textile value chain is currently under dual pressure from rising raw material costs and weak garment demand."

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.