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Cotton yarn stable in Tiruppur & Mumbai; bearish tone may persist

The Tiruppur market saw stable cotton yarn prices despite sluggish demand from the weaving industry, with little hope for improvement in the near future. A trader from Tiruppur told Fibre2Fashion, "To ensure operational cash flow, spinning mills have to sell yarn even at lower prices. The industry is receiving negative signals from the global market." 

Prices in the Tiruppur market were noted as ** count combed cotton yarn at &#****;***-*** per kg (excluding GST), ** count combed cotton yarn at &#****;***-*** per kg, ** count combed cotton yarn at &#****;***-*** per kg, ** count carded cotton yarn at &#****;***-*** per kg, ** count carded cotton yarn at &#****;***-*** per kg and ** count carded cotton yarn at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.