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South Indian cotton yarn bearish, Bangladesh export concerns ease

15 Oct '24
4 min read
South Indian cotton yarn bearish, Bangladesh export concerns ease
Pic: Adobe Stock

Insights

  • South India's cotton yarn trade continued to face a bearish trend, with prices dropping ₹* per kg in Mumbai due to slow buying by power loom owners.
  • While the Tiruppur market remained stable, demand is expected to improve after Diwali but prices are unlikely to rise.
  • Exports to Bangladesh have resumed cautiously, boosting market confidence.
  • Cotton prices in Gujarat were stable.

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