| South India faces low demand; mills may cut cotton yarn production
16 May 23 3 min read
Insights
- South India's cotton yarn market is facing low demand, potentially leading mills to reduce production.
- While prices remain stable, sentiment is weak, particularly in Tiruppur and Mumbai.
- Traders cite falling prices and slow demand as challenges, and the entire textile value chain is under pressure due to reduced exports.
- In Gujarat, cotton prices are stable.
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