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South India cotton yarn market stagnates amid low demand, export woes

Cotton yarn prices did not see any movement amid limited buying. Spinning mills and traders are hoping to maintain cotton yarn prices at the current levels. A trader from Mumbai told Fibre2Fashion, “Buyers are purchasing cotton yarn as per their immediate demand. Textile shipments to Bangladesh have not yet normalised, which is a cause of concern for the market. Sellers may reduce offer prices if they find a buyer. Trade volume has decreased significantly in the market.”

In Mumbai, **-carded yarn of warp and weft varieties was 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.