In Mumbai, cotton yarn prices remained steady amid slow demand. Power and auto looms are facing a shortage of workers, affecting production. A trader from Mumbai told Fibre*Fashion, “The Bihar election delayed workers’ return from their native places. Had there been no election, they would have returned after Diwali and Chhath Puja. The shortage of workers has also disrupted garment manufacturing activities. The market may see better trading activity next week.”
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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