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Cotton yarn prices steady due to weak demand in South India

13 Jan '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices remained steady in south India today due to sluggish demand. Stronger buying of cotton yarn could not sustain in the market. Spinners are again feeling the pressure to clear their stock. However, traders were optimistic about demand picking up after Pongal. Buyers are likely to make a comeback after clarity on the Union budget 2023-24.

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