Textile
| Rising cotton arrival dampen yarn demand in south India, prices steady
Pic: Adobe Stock
Insights
- Cotton yarn markets in south India saw thin trade with stable prices.
- Mumbai's power loom owners reduced fabric production due to seasonal shifts, while Tiruppur remained closed.
- Increased cotton arrivals and low prices have weakened demand in downstream industries.
- In Gujarat, cotton prices declined by ₹***-*** per candy due to oversupply, while spinning mills remain cautious about fabric demand.