Indian yarn manufacturers in sweet spot higher demand and increased utilisation to drive higher yarn spreads in the near term: Demand for Indian cotton yarn has picked up from countries such as China, Bangladesh and Vietnam following the disruption in global logistics after the break-out of war in West Asia resulted in delays in shipments from US and Brazil. The Indian yarn manufacturing companies based in western part of India are witnessing 40% increase in the order book and are operating at utilisation rate of 95-100%. India cotton yarn exports grew by ~7% over Sept,25-Feb,26 to 5,84,233 tonnes. Increase in demand from key...