Textile
| South India cotton yarn may face sell-off amid Bangladesh unrest
Pic: Adobe Stock
Insights
- Cotton yarn prices remained stable in Mumbai and Tiruppur due to weak demand and a lack of positive market signals.
- The turmoil in Bangladesh is expected to impact cotton yarn and fabric exports, potentially leading to a downturn in trade.
- Despite steady cotton prices in Gujarat, domestic trade diverged from global trends due to higher MSP.