| 

South Indian cotton yarn market anticipates mid-August demand surge

The Mumbai market noted stability in cotton yarn prices amid limited buying. Market sentiments were bearish as mills and stockists felt pressure. A trader from Mumbai told Fibre2Fashion, "There is no hope for a revival of demand this month. Sluggish demand may continue until mid-August. However, demand is likely to see a revival after that. Buyers are waiting for clear signs of better buying from the garment and fabric industry.”

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.