According to market experts, cotton yarn demand will be influenced by the broader global market situation. Another factor to consider is cotton arrivals, which may increase in the coming days and could exert downward pressure on prices if the Cotton Corporation of India (CCI) does not commence procurement immediately.
In Mumbai, the market was nearly inactive, with only direct transactions between buyers and sellers taking place. Traders indicated that cotton yarn demand could improve once normal trading resumes in the next two to three days. Buyers will need to purchase cotton yarn for the production of summer garments, but seasonal demand has already been delayed due to buyer hesitancy.
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