28 Feb 24 4 min read
Insights
- Polyester-cotton prices surged due to higher cotton costs, influenced by ICE cotton exceeding 100 US cents per pound.
- Slow demand impacted polyester and viscose yarn prices.
- Concerns over a new payment rule dampened market sentiment.
- Cotton prices soared in north India, driven by ICE cotton's rise, with active buying noted despite the hike.
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