South Indian cotton yarn faces sluggish demand, prices drop in Mumbai
South Indian cotton yarn markets showed a mixed trend due to slow demand. Weak demand stemmed from payment constraints, annual closing, and the upcoming Ramadan, leading to labour shortages in power looms. In Tiruppur, prices remained steady despite sluggish demand. In Gujarat, cotton prices declined by ₹300-500 per candy due to weak demand and liquidity concerns.
South Indian cotton yarn markets showed a mixed trend due to slow demand.
Weak demand stemmed from payment constraints, annual closing, and the upcoming Ramadan, leading to labour shortages in power looms.
In Tiruppur, prices remained steady despite sluggish demand.
In Gujarat, cotton prices declined by ₹300-500 per candy due to weak demand and liquidity concerns.
