| Sluggish trend in south India cotton yarn; mills increase rates

01 Mar 24 3 min read

Insights

  • Cotton yarn prices remained stable in south India amid limited buyer activity due to new payment rules.
  • Tamil Nadu mills increased their rates. Mumbai and Tiruppur saw steady prices.
  • Liquidity concerns and anticipation of price hikes slowed buying.
  • In Gujarat, cotton prices eased slightly after a steep rise.
  • Global prices may support domestic rates.

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