The Mumbai cotton yarn market witnessed price fall of ****;*–* per kg in most of counts and varieties. A trader from Mumbai market told Fibre*Fashion, “Cotton yarn demand is still facing headwind due to shortage of labour, and production related other issues. Fabric demand from downstream industry also remained weak. Buyers are adopting cautious strategy for purchase of raw materials. However, market will stabilise once labour shortage eases in the near future.”
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.
