Textile
| South Indian cotton yarn faces headwind, but prices remain stable
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Insights
- South India's cotton yarn trade is under pressure due to labour shortages, weak export demand, and uncertainty over US tariffs.
- Sellers in Tiruppur and Mumbai are offering discounts amid sluggish market sentiment.
- Power and auto looms have reduced output as workers return home for summer.
- Despite bullish cotton prices due to tight supply, yarn demand remains low.