South Indian cotton yarn trade gains momentum, prices up in Mumbai
Cotton yarn prices rose by ₹2–3 per kg in Mumbai due to improved demand and higher cotton prices. Tiruppur remained stable, though demand from the fabric sector increased. Spinning mills may hike prices in April. In Gujarat, cotton prices steadied after global declines and easing seed cotton rates. CCI continues sales, while yarn buying from power and auto looms is expected to stay strong.
Cotton yarn prices rose by ₹2–3 per kg in Mumbai due to improved demand and higher cotton prices.
Tiruppur remained stable, though demand from the fabric sector increased.
Spinning mills may hike prices in April. In Gujarat, cotton prices steadied after global declines and easing seed cotton rates.
CCI continues sales, while yarn buying from power and auto looms is expected to stay strong.
