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US tariffs, GST uncertainty hit cotton yarn demand in south India

Insights

• Cotton yarn prices dropped by ₹*-* per kg in Mumbai due to US tariffs, weak demand, and GST restructuring uncertainty, while Tiruppur markets remained steady with discounts. Mills in Tamil Nadu may cut rates further. In Gujarat, cotton prices fell ₹**** per candy as CCI reduced auction rates and mills slowed buying. Traders face liquidity strain as unsold stocks pile up.