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South Indian cotton yarn prices may bottom out soon, demand to improve

*.*pt"> South India&#**;s cotton yarn prices have remained steady amidst reduced demand from the downstream industry. The Mumbai and Tiruppur markets experienced subdued demand as weaving activities were only partially operational following Diwali. However, trade sources anticipate that weaving and garmenting activities will fully resume at the start of December. This upturn is expected to boost garment production for the summer season, stimulating demand for cotton yarn. Consequently, the market predicts a rise in cotton yarn prices soon, with buyers likely to stock up in anticipation. 

*.*pt"> The cotton yarn prices in the Mumbai market have remained steady, despite subdued demand from the downstream industry. According to trade sources, buyers are exercising caution in new purchases due to partial operations in the weaving and garment industries. A Mumbai trader informed Fibre2Fashion, "Demand improved slightly on Monday, but it waned today as the weaving industry has only partially resumed operations post-Diwali. No more than ** per cent of units have begun production, hindered by slow demand and a lack of workers. However, it is expected that mills will ramp up to full production next month."