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South Indian cotton yarn faces pressure, eyes festive boost

Insights

• Cotton yarn demand in south India remains weak, though prices are stable as mills resist price cuts amid poor export sentiment.
• A trade deal with the US could unlock potential.
• Domestic festival demand is a key hope for revival.
• In Mumbai and Tiruppur, prices are steady despite cautious buying.
• Gujarat's cotton prices also remain stable amid heavy selling by traders holding CCI stocks.