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Mixed sentiment in south Indian cotton yarn trade, prices stable

Mumbai recorded average to strong demand, with power and auto looms operating at higher capacities. However, cotton yarn prices remained largely unchanged. A trader from the Mumbai market told Fibre2Fashion, “Fabric demand is likely to pick up in the coming months as the festive season boosts garment sales in the domestic market. But the current demand is insufficient to support a price rise in cotton yarn. If market sentiment remains positive, we may see an upward trend in yarn 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.