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South Indian cotton yarn steady despite mills' price push

The Mumbai market showed an overall steady trend in cotton yarn prices, although finer counts traded slightly higher. Spinning mills are trying to pass on higher cotton costs. A trader from the Mumbai market told Fibre*Fashion, “Mills are looking to hike cotton yarn prices by &#****;*–* per kg as production costs have risen due to costlier cotton. However, traders and stockists managed to secure an increase of only about &#****;* per kg for finer counts. If fabric demand improves next year, cotton yarn prices may rise further.”

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.