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Mixed trends in south India's cotton market; prices up in Mumbai

Cotton yarn prices in Mumbai have seen an increase of &#****;*-* per kg following a decline in the price of cotton. The drop in prices drew buyers in, seeking to average their holdings. A trader from the Mumbai market, speaking to Fibre2Fashion, emphasised, "One shouldn&#**;t confuse demand and consumption from the weaving industry. There has been an uptick in purchases from traders and stockists who are trying to reduce their cost of holdings. However, there hasn&#**;t been any noticeable improvement from the consumer industry." 

In Mumbai, cotton yarn traded higher by &#****;*-* per kg. The ** count carded cotton yarn of warp and weft varieties was sold at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (excluding GST), respectively. Other prices include ** combed warp &#****;***-*** per kg, ** carded (weft) cotton yarn &#****;*,***-*,*** per *.* kg, **/** count carded cotton yarn (warp) &#****;***-*** per kg, **/** count carded cotton yarn (warp) &#****;***-*** per kg and **/** count combed yarn (warp) &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.