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Textiles

Prime Content | 
South Indian cotton yarn stable; sentiments weak amid cash crunch

17 May '24
3 min read
South Indian cotton yarn stable; sentiments weak amid cash crunch
Pic: Adobe Stock

Insights

  • The south India cotton yarn trade remained bearish, with stable prices in Mumbai and Tiruppur.
  • Demand was weak due to a cash crunch and labour shortages, leading to reduced fabric production.
  • Voting in Mumbai on May 20 further slowed trading.
  • Gujarat saw steady cotton prices, with sluggish demand but potential increases as the arrival season ends.
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