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South India cotton yarn prices steady amid local demand

In the Mumbai market, cotton yarn prices remained steady, with average demand from the local value chain. Domestic demand for cotton yarn improved as summer garment activity increased. A trader from the Mumbai market told Fibre2Fashion, “There is little focus on export demand, as orders for the next Christmas season are yet to arrive. Domestic demand is more important in the current scenario. Cotton yarn supplies are also limited, as mills in south India are unable to fulfil orders. Mills are facing a shortage of trucks to transport cotton yarn to Maharashtra and other states.”

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.