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South India notices thin trade ahead of Diwali; prices up in Mumbai

29 Oct '24
4 min read
South India notices thin trade ahead of Diwali; prices up in Mumbai
Pic: Adobe Stock

Insights

  • South India's cotton yarn trade thinned as Diwali approaches, with minor price increases of ₹*-* per kg in Mumbai, while Tiruppur prices held steady.
  • Traders expect post-Diwali demand.
  • Cotton prices in Gujarat dropped by ₹*,*** per candy due to high arrival and low mill demand, though festive closures briefly slowed arrivals.
  • Shankar-* cotton was quoted at ₹**,***-₹**,*** per candy.

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