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Cotton yarn spinners in somber mood over slow demand and compressed prices

Related Keywords: Bangladesh, China, cotton, cotton corporation of India, cotton yarn, cotton yarn spinner, import quota, raw cotton prices, slow moving demand

A sharp decrease in price of raw cotton in domestic market this year has failed to cheer the yarn makers as buyers of cotton yarn are procuring yarn at a negotiated prices. Last year, the cotton yarn manufacturers who made a excess profits due to rally in domestic and international markets are in a somber mood over slow-moving demand and compressed prices.

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