| 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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