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South Indian cotton yarn market bearish; prices down in Mumbai

The Mumbai market also experienced a downtrend due to sluggish demand and increased selling pressure from traders and mills. A trader from Mumbai, speaking to Fibre2Fashion, noted, "The consumer industry, traders, and MNCs were quiet in the market, buying only out of urgent necessity. They are likely to consider re-entering the market next month." This selling pressure led to a price decrease of &#****;*-* per kg in the Mumbai market.

In Mumbai, ** carded yarn of warp and weft varieties were sold for &#****;*,***-*,*** (approximately $**.**-**.**) and &#****;*,***-*,*** (approximately $**.**-**.**) per * kg (excluding GST), respectively. Other prices included ** 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 *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.