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South Indian cotton yarn market faces slow demand, tight liquidity

The Mumbai market observed stability across all counts of cotton yarn, attributed to slow demand due to reduced production activities in power looms. A Mumbai trader informed Fibre2Fashion, "Payment flow was extremely slow, which deterred buyers from making new purchases. The textile value chain is grappling with elevated stock levels, resulting in squeezed market liquidity. There were anticipations that workers would return to power looms post-Eid. However, the current slowdown in power loom production also weakened market sentiments."

In Mumbai, ** carded yarn of warp and weft varieties were sold at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** (approximately $**.**-$**.**) per * kg (excluding GST), respectively. Other prices included ** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, ** carded weft at &#****;*,***-*,*** (approximately $**.**-$**.**) per *.* kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, and **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, as reported by *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.