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South India cotton yarn prices decline, but demand may revive soon

02 Aug '24
3 min read
South India cotton yarn prices decline, but demand may revive soon
Pic: Adobe Stock

Insights

  • South Indian cotton yarn prices have dipped in Mumbai and Tiruppur due to sluggish demand and pressure on sellers to clear stocks.
  • Despite no immediate improvement in demand, prices may revive soon with the onset of local festivals and a return to normalcy in Bangladesh, boosting exports.
  • Market conditions are expected to improve in the coming days.

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