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2. Cotton inventory in spinning millsMost mills replenished feedstock last week when cotton futures market fell down, and the purchase willingness weakened this week. According to CCFGroup, cotton inventory in medium and large mills is at 40-60 days, and that in medium mills is 25-35 days. The cotto
Textile spinning mills in north India, which are currently operating 24x7, are considering cutting back production and shutting down their mills once a week. Excess spinning capacity in the country and poor demand for yarn from overseas markets has led to accumulation of yarn stocks and poor liquidi
