| 

South Indian cotton yarn stable; sentiments weak amid cash crunch

The cotton yarn trade in the Mumbai market was slow as the city anticipates voting on May **. Prices remained stable in the market. A trader from Mumbai told Fibre2Fashion, "Cash crunch and labour shortage were key reasons for the slow demand for cotton yarn. Power looms are running at less than ** per cent capacity due to the labour shortage." However, the market may see improved buying after June.

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, **/** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, and **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, according to trade sources.