| 

South India yarn prices steady, optimism grows with rising ICE cotton

Cotton yarn prices in the Mumbai market did not see significant movement in the past few days, though there were gains last week due to rising cotton prices. A trader from the Mumbai market told Fibre2Fashion, "There is very slow demand for fabric from the garment industry. The demand side remains weak, but yarn received support last week from rising raw material prices. Cotton prices were increasing in both global and local markets."

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.