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