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Cotton yarn demand improves in south India; prices hold firm

In the Mumbai market, cotton yarn demand was average. Prices remained stable due to steady cotton fibre costs. A trader from Mumbai told Fibre2Fashion, “Power looms and auto looms are operating at **–** per cent capacity, which reflects average demand from the downstream industry. Cotton yarn prices are unlikely to decline in the near future, as current demand is sufficient to sustain prices.”

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.