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South Indian cotton yarn falls in Mumbai amid selling pressure

In Mumbai, cotton yarn prices declined by &#****;*–* per kg as stockists offered lower rates to attract buyers. The market recorded weak demand and tight payment conditions. A trader from Mumbai told Fibre*Fashion, “Slow lifting of fabric from the garment industry is the real problem. The weaving sector is aware of the issue, and it discourages higher fabric production. This situation is keeping the cotton yarn market weak.”

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.