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Cotton yarn prices stable in south India amid uncertain market demand

*.*pt"> Cotton yarn prices did not experience any significant movement in the Tiruppur and Mumbai markets of south India, as buyers were uncertain about future demand from the weaving industry. Traders noted that there was sluggish demand for fabric from the garment industry. Yarn buyers were cautious regarding summer demand, as the current domestic and global market conditions were not very encouraging. The Tiruppur market partially reopened after the Pongal festival. Traders are expecting limited trade in the next week as well, due to the inauguration of the Ayodhya temple. 

*.*pt"> A trader from Mumbai told Fibre2Fashion, "Buyers were not very confident about strong demand for the coming summer season. They were cautious about new purchases. Power looms are not operating at full capacity. Cotton yarn prices remained stable in the local market."