Textile
| Demand rises in south India's cotton yarn market, prices up in Mumbai
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Insights
- Recent increases in ICE cotton prices have positively impacted the cotton yarn markets in south India.
- Stronger ICE cotton may boost export demand for cotton yarn.
- Although cotton prices gained ₹500 per candy recently, they remained steady amid limited buying.
- The Tiruppur market also anticipated higher demand as mills adjusted their prices.