Fashion
Sluggish demand weighs on Mumbai cotton yarn, Tiruppur holds firm
In Mumbai, cotton yarn prices dropped by ****;*–* per kg for coarse counts, while finer counts stayed stable. A Mumbai trader told Fibre*Fashion, “Consumers and traders are avoiding stocking up as the new cotton crop is about to enter the market. Duty-free cotton imports this year will also keep prices under pressure. Buyers are purchasing yarn only for immediate requirements.”
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.