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Rising cotton arrival dampen yarn demand in south India, prices steady

11 Oct '24
3 min read
Rising cotton arrival dampen yarn demand in south India, prices steady
Pic: Adobe Stock

Insights

  • Cotton yarn markets in south India saw thin trade with stable prices.
  • Mumbai's power loom owners reduced fabric production due to seasonal shifts, while Tiruppur remained closed.
  • Increased cotton arrivals and low prices have weakened demand in downstream industries.
  • In Gujarat, cotton prices declined by ₹***-*** per candy due to oversupply, while spinning mills remain cautious about fabric demand.

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