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South Indian cotton yarn market anticipates mid-August demand surge

23 Jul '24
3 min read
South Indian cotton yarn market anticipates mid-August demand surge
Pic: Adobe Stock

Insights

  • South Indian cotton yarn market expects improved demand after mid-August as the consumer industry restocks.
  • Currently, buyers are cautious due to uncertain downstream demand, keeping prices stable in Mumbai and Tiruppur.
  • Limited buying pressure and bearish sentiments prevail.
  • In Gujarat, cotton prices remained steady, with mills waiting for lower prices.

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