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Cotton yarn prices fall on slow buying in south India

21 May '24
3 min read
Cotton yarn prices fall on slow buying in south India
Pic: Adobe Stock

Insights

  • Cotton yarn prices in Mumbai and Tiruppur have dropped by ₹2-3 per kg due to sluggish demand and reluctance from buyers to make bulk purchases.
  • The SME payment rule is causing concerns among traders, leading to heavy stocks and constrained cash flow.
  • Markets hope for a demand revival post-election if the new government eases payment regulations.
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