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South India cotton yarn faces slow demand, mixed trend in prices

In the Mumbai market, cotton yarn prices remained stable. Traders believe the current weakness in cotton yarn is temporary. Power looms and auto looms are currently focused on delivering finished goods to clients but are expected to resume production and cotton yarn buying soon. However, the impact of happenings in Bangladesh on the cotton yarn market remains a cause for concern.

The Mumbai market witnessed stability in cotton yarn prices as the fabric industry remains focused on delivering finished goods to clients. However, challenges in fabric supply to Bangladesh pose a more serious issue. Reports indicate that Indian exporters are facing difficulties in supplying fabric and receiving payments from Bangladeshi buyers.