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South India cotton yarn steady; Mumbai demand improves slightly

The Mumbai market recorded slightly higher cotton yarn demand; however, prices hovered near previous levels. A trader from the Mumbai market told Fibre*Fashion, “Cotton prices increased in recent weeks. Buyers came forward to purchase as they wanted to restock. The market also saw better fabric lifting, indicating a pickup in garment production activities.” Domestic cotton yarn demand is expected to improve in the coming week as summer demand strengthens.

In Mumbai, ** carded yarn of warp and weft varieties were traded at &#****;*,***-*,*** (~$**.**-**.**) and &#****;*,***-*,*** per * kg (~$**.**-**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (~$*.**-*.**) per kg, ** carded weft at &#****;*,***-*,*** (~$**.**-**.**) per *.* kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg, **/** carded warp at &#****;***-*** (~$*.**-*.**) per kg and **/** combed warp at &#****;***-*** (~$*.**-*.**) per kg, according to trade sources.