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Cotton yarn demand low in India; some counts' prices drop in Mumbai

*pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> A bearish trend was noted in south India&#**;s cotton yarn market today, with traders reporting limited orders from domestic and foreign brands and retailers. This has resulted in downstream industries avoiding new purchases of cotton yarn. In Mumbai, a few counts of yarn, including ** carded weft yarn, have eased, but other counts remained steady at previous levels, with the market being more dependent on export demand. 

*pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> The Mumbai market has noted weaker demand from the downstream industry, with ** count carded weft cotton yarn declining by &#****;*-* per kg. However, other varieties of cotton yarn remained steady. The demand from the domestic garment industry was poor, but yarn export demand was better. “There is low demand for the cotton yarn. The downstream garment industry is facing slower demand from end-users, and a few counts and varieties of yarn saw a decline in their prices,” a trader from Mumbai told Fibre2Fashion.