Textile
| Limited inventory focus cools cotton yarn demand in south India
Pic: Adobe Stock
Insights
- South India cotton yarn market faced sluggish demand and a liquidity crunch, with no significant price movement.
- Buyers were cautious, reducing their capital deployment in stocks.
- Gujarat saw limited cotton trade, with mills seeking lower prices while sellers held out for higher rates.
- All-India cotton arrivals were estimated at 14,000-16,000 bales.