In Mumbai, cotton yarn prices remained unchanged, while demand from the downstream industry was also limited. Power looms and auto looms are struggling amid weak fabric demand. A trader from the Mumbai market told Fibre*Fashion, “Spinning mills have witnessed poor demand from loom sectors. Several power looms have suspended fabric production due to insufficient demand. However, once cash flow improves, market sentiment will turn positive and buyers will begin stocking cotton yarn.”
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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