The Mumbai market witnessed mild selling pressure from stockists and spinning mills, who are finding it difficult to attract prospective buyers. Nonetheless, cotton yarn prices did not record any significant changes. A trader from the Mumbai market told Fibre2Fashion, “Buyers remained quiet on new cotton yarn deals, preferring to wait for clarity on the US tariffs. The recent tariff hike has created caution across the entire 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.
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