South Indian cotton yarn prices steady; exporters gain from weak INR
Cotton yarn markets in south India saw mixed trends, with stable prices in both Tiruppur and Mumbai. A weaker rupee supported exporter sentiment in Tiruppur, but demand remained average. Mumbai faced below-average demand, with slight preference for synthetic yarns. Cotton trade in Gujarat was limited, as ginners struggled with low margins and CCI adjusted prices.
Cotton yarn markets in south India saw mixed trends, with stable prices in both Tiruppur and Mumbai.
A weaker rupee supported exporter sentiment in Tiruppur, but demand remained average.
Mumbai faced below-average demand, with slight preference for synthetic yarns.
Cotton trade in Gujarat was limited, as ginners struggled with low margins and CCI adjusted prices.
