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South India cotton yarn steady amid demand uncertainty, global unrest

Mumbai market witnessed slow demand due to uncertainty regarding the future export demand for garments. A trader from Mumbai informed Fibre2Fashion, "Exports and local demand for cotton yarn were weak. Buyers were cautious about new purchases as they were unsure about demand from the downstream industry. Global tensions, as well as the general election in India, led to limited buying from the fabric industry. Spinning mills were not under pressure to sell their stock. Therefore, they did not reduce yarn prices.”

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.