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Yarn prices drop in south India on slow demand, rising cotton arrival

In Mumbai, prices have fallen by &#****;*-* per kg since last week. The cotton yarn trade is under dual pressure from slow demand and higher availability of cotton. A Mumbai-based trader told Fibre2Fashion, "Currently, the cotton yarn trade is caught between weak demand and increased cotton arrivals in the country. Lower cotton prices have pulled down yarn prices in both Mumbai and Tiruppur markets. The market may see some recovery when summer garment production picks up."

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.