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Bearish tone persists in south Indian cotton yarn trade, prices stable

12 Jul '24
3 min read
Bearish tone persists in south Indian cotton yarn trade, prices stable
Pic: Adobe Stock

Insights

  • The cotton yarn trade in South India remains bearish with no significant price changes.
  • High container freight charges and slow export demand are major concerns, along with uncertain festival demand domestically.
  • Mumbai and Tiruppur markets see stable yet pressured prices as traders offer discounts to attract buyers.
  • Demand for cotton yarn may stay muted.
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