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Rising cotton arrival dampen yarn demand in south India, prices steady

In Mumbai, cotton yarn prices remained stable. Power loom owners are awaiting an uptick in summer demand but are cautious due to the delay, which has led fabric producers to proceed with caution. A trader in the Mumbai market told Fibre2Fashion, "Power loom owners are reluctant to produce and stock large quantities of fabric due to uncertainty in demand and preferred varieties. Increased cotton arrivals are also reducing interest among power loom owners, and lower cotton prices will likely drive down prices in both yarn and fabric."

In Mumbai, ** carded yarn of warp and weft varieties were sold at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, ** carded weft at &#****;*,***-*,*** (approximately $**.**-$**.**) per *.* kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg and **/** combed warp at &#****;***-*** (approximately $*.**-*.**) per kg, according to trade sources.