In the Mumbai market, cotton yarn prices steadied after a slight increase. Traders remain optimistic about improved demand, but current buying is largely aimed at supporting prices at existing levels. A Mumbai-based trader told Fibre*Fashion: “Local summer demand is sufficient to keep the market at current levels. Regarding new demand after FTAs with the US and EU, buyers are waiting for fresh orders from overseas customers. Stronger demand will emerge only after reduced tariffs come into effect.” Cotton demand from spinning mills has also eased following the recent price hike.
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.
for your first 30 days then pay $19 per month