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Cotton yarn demand may pick up in south India; prices stable

In Mumbai, buyers are showing interest in cotton yarn but their purchasing capacity is limited due to payment constraints. Demand remains slow as the weaving sector is facing a labour shortage. A trader from the Mumbai market told Fibre*Fashion, “Post-Diwali, payment flow has not improved yet because both trading and production activities remained slow. However, we expect activity to pick up in the second fortnight of this month, which should improve payment flow across the textile value chain.”

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.