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Low demand hits south Indian cotton yarn, prices of few varieties drop

27 Sep '24
4 min read
Low demand hits south Indian cotton yarn, prices of few varieties drop
Pic: Adobe Stock

Insights

  • South Indian cotton yarn market experienced weak demand due to sluggish activity in the fabric and garment sectors, leading to a price drop of ₹*-* per kg for certain varieties in Tiruppur and Mumbai.
  • Despite domestic and export demand, market sentiment remained low, with mills struggling to maintain prices amid rising cotton costs.
  • In Gujarat, cotton prices eased as new arrivals began.

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