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South India cotton yarn market faces mixed trends amid heavy rains

30 Jul '24
3 min read
South India cotton yarn market faces mixed trends amid heavy rains
Pic: Adobe Stock

Insights

  • South Indian cotton yarn market experienced mixed trends due to heavy rains disrupting production and transportation.
  • Prices fell in Mumbai, while Tiruppur saw stable prices despite weak demand and increased discounts.
  • Traders expect Tamil Nadu mills to reduce prices in August.
  • The benchmark Shankar-6 cotton was quoted at ₹57,000-57,500 per candy.

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