| 

Power loom closures halt cotton yarn buying in India

The Mumbai market observed stability across all cotton yarn varieties, though demand continued to weaken in Maharashtra and nearby regions. Power looms and garment units have shut down for an extended period due to Diwali, with several looms ceasing production this week and planning to resume after November **. A Mumbai trader informed Fibre2Fashion, "The demand for fabric was low, so the weaving industry is grappling with inventory and financial challenges. This has further reduced the demand for cotton yarn. However, mills and stockists have refrained from lowering prices. Nonetheless, trades may still occur at a discount on a case-by-case basis." 

In Mumbai, ** carded yarn of warp and weft varieties were sold 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, **/** combed warp at &#****;***-*** and **/** carded warp at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.