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Spinners eye cotton yarn price hike, but south India market stable
Cotton yarn prices in south India remained steady despite spinning mills attempting price hikes due to rising cotton costs. Demand from the consumer industry was sluggish in Mumbai and Tiruppur, with traders expressing concern over US tariffs and a potential yarn ban in Bangladesh. While local demand may improve, payment flows to small enterprises remain weak.
Cotton yarn prices in south India remained steady despite spinning mills attempting price hikes due to rising cotton costs.
Demand from the consumer industry was sluggish in Mumbai and Tiruppur, with traders expressing concern over US tariffs and a potential yarn ban in Bangladesh.
While local demand may improve, payment flows to small enterprises remain weak.
