In the Mumbai market, cotton yarn prices remained steady after a recent marginal rise, with trading activity subdued amid slow demand and persistent payment issues. Current buying is largely aimed at supporting prices at existing levels rather than reflecting fresh demand. A Mumbai-based trader told Fibre*Fashion, “Local summer demand is just enough to keep the market afloat, while expectations of export-led demand following the US trade deal have yet to translate into orders. The market began to feel payment constraints ahead of the closing of the financial year on March **.”
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.
