Fashion
Fine-count cotton yarn demand firms in south India; prices steady
In Mumbai, demand remained slow as the weaving sector continues to face labour shortages. Cotton yarn prices have not shown significant movement in recent days. A trader from Mumbai told Fibre*Fashion, “A large number of power looms are closed or running partially due to a shortage of workers. Workers from Bihar are expected to return next week after voting. We hope cotton yarn demand will improve once they are back.”
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.