| 

South India cotton yarn market steady amid slow demand

The Mumbai market witnessed stability in cotton yarn prices amid slow demand. A trader from Mumbai, speaking to Fibre2Fashion, said, "The market witnessed better liquidity in the last fortnight of the previous fiscal as micro and small enterprises received payments for long-outstanding dues. However, the market will depend on the actual demand from the downstream industry, which is not very promising at the moment. Buyers are not expected to worry about payments in the new fiscal."

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