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Payment rule impact south India's cotton yarn market, prices stable

19 Mar '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In south India, the cotton yarn market is experiencing a downturn in demand due to concerns over payment rules, affecting buyers' willingness to engage.
  • Despite this, prices in Tiruppur and Mumbai remain stable.
  • The new payment regulations are causing anxiety among fabric manufacturers, handlooms and stockists.
  • Improvement in anticipated in the coming month.

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