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Demand weak for cotton yarn in south India, prices remain steady

28 Nov '23
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In the south Indian market, cotton yarn prices remained stable amidst limited demand and labour shortages post-Diwali.
  • Mumbai and Tiruppur markets reported steady prices, while Gujarat saw a decline due to rainy season disruptions.
  • Expectations of increased demand align with summer garment production, though current market sentiment is cautious.

*.*pt"> Cotton yarn prices remained stable in south India amid limited demand from the weaving industry. Trading hubs in Mumbai and Tiruppur reported similar trends. Traders noted a labour shortage as workers have not returned from their native places after Diwali, impacting operations in numerous power and hand looms. However, expectations are high for increased cotton yarn demand post the first week of December, coinciding with the ramp-up in summer garment production. Traders also anticipate stable prices, unaffected by current market conditions. 

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