Cotton yarn prices have further decreased in the market of South India. The market has not seen any improvement in purchases from the consumer industry and export market. A downward trend in cotton in both domestic and global markets has also dampened sentiments in yarn trade. Cotton yarn prices have dropped by Rs. 3-5 per kg in the Mumbai market, and the Tiruppur market has recorded a decrease of Rs. 2-3 per kg. Traders suggest that, although a collective call for the closure of spinning mills may not be effective, if current conditions persist, it may lead to the shutdown of weaker yarn production units.