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South Indian cotton yarn market optimistic; prices remain stable

The Mumbai market saw a steady trend in cotton yarn prices with improved buying, though buyers were negotiating for lower prices. “Power looms are operating at higher capacities, but demand for fabric has not picked up due to liquidity constraints. Yarn prices can improve only if better buying persists,” a Mumbai-based trader told Fibre2Fashion. 

In Mumbai, ** count carded cotton yarn of warp and weft varieties were traded at &#****;*,***-*,*** and &#****;*,***-*,*** per * kg (GST extra) respectively. ** count combed warp was priced at &#****;***-*** per kg. ** count carded (weft) cotton yarn was sold at &#****;*,***-*,*** per *.* kg. **/** count carded cotton yarn (warp) was priced at &#****;***-*** per kg, **/** count carded cotton yarn (warp) was sold at &#****;***-*** per kg, and **/** count combed yarn (warp) was priced at &#****;***-*** per kg, according to Fibre2Fashion&#**;s market insight tool TexPro.