Textile
| Cotton yarn prices steady amidst sluggish demand in south India
Pic: Adobe Stock
Insights
- Cotton yarn prices in south India remained stable due to slow demand, with markets in Mumbai and Tiruppur witnessing weak buyer activity.
- Spinning mills are relying more on the domestic market, though demand is expected to rise after the fortnight when the festival season begins.
- Cotton prices in Gujarat also stayed stable amidst low demand and cautious buying from mills.