Textile
| South India notices thin trade ahead of Diwali; prices up in Mumbai
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Insights
- South India's cotton yarn trade thinned as Diwali approaches, with minor price increases of ₹*-* per kg in Mumbai, while Tiruppur prices held steady.
- Traders expect post-Diwali demand.
- Cotton prices in Gujarat dropped by ₹*,*** per candy due to high arrival and low mill demand, though festive closures briefly slowed arrivals.
- Shankar-* cotton was quoted at ₹**,***-₹**,*** per candy.