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Cotton yarn demand stays weak in south India; Tiruppur prices dip

The Mumbai market saw stability in cotton yarn prices amid thin trade. The natural calamity has disrupted normal life and business activities. A trader from Mumbai told Fibre2Fashion, “Heavy rains in Mumbai and other areas brought normal life and economic activities to a standstill. However, the rains have improved prospects for higher cotton yarn demand as workers return to power looms and auto looms following the first spell of rain. Increased worker attendance is expected to boost cotton yarn consumption.”

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.