Cotton yarn market prices have not shown any major move.The demand aspect shows cotton yarn faces a difficult situation with the volume of cotton yarn for January-August deliveries declining by 23.2% from the preceding year.Meanwhile,the supply aspect indicates a firmer tone with overseas spinners quoting higher prices.At this time,no major move is visible because of the balanced supply and demand;however,major trading firms point out,"It is possible that market prices will move considerably from accidental factors."
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