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South India cotton yarn market sees mixed trends; Mumbai Prices down

In Mumbai, a declining trend was observed in cotton yarn prices. Prices eased by &#****;*-* per kg for certain counts and varieties due to slow demand from the downstream industry, which has been affected by a payment crisis. A trader from the Mumbai market told Fibre2Fashion, “Payment conditions are not expected to improve until the end of this month. Buyers have ignored the recent increase in cotton fibre prices but may return to the market next month.”

In Mumbai, ** carded yarn of warp and weft varieties were traded 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.