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South Indian cotton yarn market struggles amid sluggish monsoon demand

The Mumbai market saw stable cotton yarn prices amid subdued demand. Spinning mills and stockists are struggling to find potential buyers. A trader from the Mumbai market told Fibre2Fashion, “Typically, fabric production gains momentum from June to August, driven by export orders and the approaching festive season, which encourages loom owners to increase output. Cotton yarn demand also usually picks up despite the seasonal dip in cotton garment sales after summer. But this year, cotton yarn demand remains very weak, while polyester yarn is in high demand for this time of year.”

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.