Textile
| South Indian cotton yarn prices steady amid limited buying
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Insights
- Cotton yarn prices in south India remained stable due to limited summer demand post-Diwali and buyers' cautious purchasing to avoid stockpiles.
- Declining cotton prices further dampened buying activity.
- Mumbai and Tiruppur markets saw steady prices amidst weak demand, with export demand missing in Tiruppur.
- In Gujarat, cotton prices eased as seed cotton prices neared MSP.