Cotton yarn prices showed a mixed trend in Mumbai, with several counts and varieties gaining &#****;*–* (~$*.**–*.**) per kg on rising cotton prices, while selected varieties eased by &#****;*–* (~$*.**–*.**) per kg amid sluggish downstream demand. Tiruppur witnessed an increase of &#****;*–* (~$*.**–*.**) per kg as higher raw cotton costs encouraged buyers to replenish depleted inventories. However, weak fabric demand and persistent payment constraints continued to weigh on market sentiment. Meanwhile, cotton prices in Gujarat surged by &#****;*,***–*,*** (~$**.**–**.**) per candy amid a recovery in ICE cotton futures and slower new-crop arrivals, as farmers restricted selling due to unattractive prices.
Cotton yarn prices showed a mixed trend as some counts and varieties of cotton yarn recorded gains of &#****;*–* (~$*.**–*.**) per kg in Mumbai. But selected counts and varieties traded lower by &#****;*–* (~$*.**–*.**) per kg. A trader from the Mumbai market told Fibre*Fashion, “Cotton yarn for several counts and varieties found support from rising cotton prices. Traders and weavers had largely exhausted their yarn stocks and replenished their inventories in anticipation of lower prices from mills. However, weakness was seen in a few counts and varieties of cotton yarn. Limited movement in fabrics and persistent payment constraints were negative factors for the market. Weak liquidity continues to affect buying sentiment.”
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.
