In the Mumbai market, cotton yarn prices have risen by &#****;*–* per kg, supported by steady export demand and tighter supply from spinning mills. The upward trend is expected to remain intact at least in the coming few weeks. A trader from Mumbai market told Fibre*Fashion, “While domestic demand has remained moderate, it is expected to pick up in the coming weeks. Improved offtake from the garment sector may further lend support to yarn prices. Export demand has been sustained for last couple of weeks. Current market conditions are favourable for Indian spinning mills.”
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.
