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Cotton yarn prices steady in south India; fabric demand dips

16 Jan '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices stabilised in south India, amid slow demand, with trading expected to normalise soon.
  • Mumbai saw stable prices, while Tiruppur's market was quiet due to Pongal.
  • In Gujarat, cotton prices remained steady with reduced arrivals.
  • The industry faces challenges globally and locally, with cautious purchasing affecting both yarn and fabric.

*.*pt"> Cotton yarn prices remained steady in the Tiruppur and Mumbai markets of southern India, as demand continued to be sluggish. In the Tiruppur market, trading activity was minimal, with many traders and factory workers still on holiday due to Pongal. It is expected that trade will normalise within *-* days. 

*.*pt"> Meanwhile, in the Mumbai market, cotton yarn prices were stable amidst slow demand. Traders noted that the delayed winter season in northern India negatively impacted the market, with power looms operating at reduced capacity due to limited fabric demand, influenced by the cautious approach of the garment industry. 

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