| 

South India cotton yarn prices decline, but demand may revive soon

The Mumbai market witnessed a further easing of &#****;*-* per kg, as sellers were under pressure to find buyers. A trader from Mumbai told Fibre2Fashion, "There was slow demand from power loom owners as they are not receiving enough orders for fabric. Several fabric manufacturers are facing losses due to a decline in fabric prices. Power loom owners are trying to limit fabric supply to support prices by taking a collective decision."

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