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Cotton yarn prices steady in south India as demand remains weak

11 Jun '24
3 min read
Cotton yarn prices steady in south India as demand remains weak
Pic: Adobe Stock

Insights

  • South Indian cotton yarn prices are experiencing a bearish trend due to demand uncertainty.
  • Spinning mills are maintaining current prices despite weak demand from power looms and downstream industry.
  • In Mumbai and Tiruppur, prices remain stable, though the market sentiment is cautious.
  • Cotton prices in Gujarat have declined, influenced by ICE cotton trends.

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