Cotton yarn prices declined by &#****;*–* (~$*.**–*.**) per kg in Mumbai and Tiruppur amid weak demand, payment constraints, volatile ICE cotton futures and limited export orders. Gujarat cotton prices also fell by &#****;*** (~$*.**) per candy of *** kg as buyers remained cautious, while a &#****;*,*** (~$**.**) reduction in CCI selling prices further weakened market sentiment.
Cotton yarn prices declined by &#****;*–* (~$*.**–*.**) per kg in Mumbai as market sentiment remained weak and easing cotton prices weighed on yarn rates. A trader from the Mumbai market told Fibre*Fashion, “Payments have dried up, and the market may take another **–** days to stabilise. Traders are mostly holding limited stocks and waiting for a further price correction before resuming purchases.”
In Mumbai, ** carded yarns of warp and weft varieties were traded at &#****;*,***–*,*** (~$**.**–**.**) and &#****;*,***–*,*** (~$**.**–**.**) per * kg (excluding GST), respectively. Other prices included ** 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.
