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South Indian cotton yarn prices stable, low demand may squeeze margins

25 Jun '24
3 min read
South Indian cotton yarn prices stable, low demand may squeeze margins
Pic: Adobe Stock

Insights

  • South Indian cotton yarn prices steadied due to slow demand from the downstream industry, despite a recent rise in cotton prices.
  • Traders are concerned about passing on cost increases if demand remains weak.
  • In Mumbai and Tiruppur, yarn prices held steady, while Gujarat saw a rise in cotton prices due to limited arrivals and better buying.

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