Cotton yarn demand slows in south India amid payment woes
South India cotton yarn market faces slow demand due to payment issues, though mills are sustaining prices amid export orders driven by the rupee’s depreciation. Prices remained stable in Mumbai and Tiruppur. Cotton prices rose slightly but failed to support yarn rates. Traders expect continued payment constraints, limiting short-term demand recovery.
South India cotton yarn market faces slow demand due to payment issues, though mills are sustaining prices amid export orders driven by the rupee’s depreciation.
Prices remained stable in Mumbai and Tiruppur.
Cotton prices rose slightly but failed to support yarn rates.
Traders expect continued payment constraints, limiting short-term demand recovery.
