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Cotton yarn demand set to rise in south India post-Diwali

25 Oct '24
3 min read
Cotton yarn demand set to rise in south India post-Diwali
Pic: Adobe Stock

Insights

  • Cotton yarn prices in Mumbai rose by ₹* per kg due to pre-Diwali buying, while prices in Tiruppur remained stable amid cautious demand.
  • Both markets will observe a Diwali break, with trade resuming in early November.
  • Traders anticipate a slight increase in demand post-Diwali, but price surges are unlikely.
  • Meanwhile, rains delayed cotton arrivals in Gujarat, affecting crop quality and quantity.

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