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South India cotton yarn prices steady but traders expect positive move

*.*pt"> Cotton yarn prices are expected to get a boost in the coming weeks, as market experts anticipate better demand from the downstream industry. There is optimism about a positive movement in fabric as well since garment manufacturing for the summer season is likely to pick up in the near future. Cotton yarn prices have remained stable in Mumbai and Tiruppur, with demand being average in both markets. However, positive sentiments persist, as traders expect that cotton yarn prices are hovering at the bottom line and will only see an upward movement in the weeks to come. 

*.*pt"> The Mumbai market witnessed a steady trend in cotton yarn prices, but there was optimism in the market for better demand soon. A trader from Mumbai told Fibre2Fashion, “Most power looms will begin production from next week, as workers return after the Diwali holiday. This is expected to improve the demand for cotton yarn. Fabric buying will also pick up in the following weeks, as manufacturing of summer garments is set to begin very soon.”