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South India cotton yarn steadies after MSP hike, buying increases

21 Jun '24
3 min read
South India cotton yarn steadies after MSP hike, buying increases
Pic: Adobe Stock


  • South Indian cotton yarn prices remained stable, with increased demand anticipated due to a recent MSP hike.
  • Mumbai and Tiruppur markets saw higher lifting of cotton yarn, and mills and stockists are trying to raise prices.
  • Buyers are rushing to purchase, expecting no further price declines.
  • Trade sources predict a gradual improvement in textile demand.

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