Textile
| Spinners eye cotton yarn price hike, but south India market stable
Pic: shutter stock
Insights
- Cotton yarn prices in south India remained steady despite spinning mills attempting price hikes due to rising cotton costs.
- Demand from the consumer industry was sluggish in Mumbai and Tiruppur, with traders expressing concern over US tariffs and a potential yarn ban in Bangladesh.
- While local demand may improve, payment flows to small enterprises remain weak.