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Fabric demand sparks optimism for steady south Indian cotton yarn

28 Jun '24
3 min read
Fabric demand sparks optimism for steady south Indian cotton yarn
Pic: Adobe Stock

Insights

  • South Indian cotton yarn prices remained stable despite higher demand from the fabric industry.
  • Mumbai and Tiruppur markets saw slight improvements, with traders expecting a price rise due to increased fabric and export orders.
  • Cotton prices in Gujarat surged by due to rain-related supply disruptions.
  • Mills are pausing sales to hike rates.

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