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Cotton Yarn prices rise in south India amidst stronger fibre prospects

16 Feb '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices in south Indian markets have risen by ₹2-5 per kg due to increasing cotton prices domestically and on ICE, boosting demand prospects.
  • Mumbai and Tiruppur markets saw higher trading. Stronger ICE cotton prices bolstered exports.
  • Mills raised prices by ₹5-10 per kg, with some absorption by the market.
  • Downstream industries expressed unease.

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