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Tariff issue adds worries for South India cotton yarn; prices steady
South India’s cotton yarn demand slowed further amid tariff concerns, with prices remaining stable. Export uncertainty due to US President Tump’s announcement of reciprocal tariffs from April 2 has made buyers cautious. Labour shortages and excess fabric stocks have also impacted the market. In Gujarat, cotton prices saw volatility, recovering partially after steep losses.
South India’s cotton yarn demand slowed further amid tariff concerns, with prices remaining stable.
Export uncertainty due to US President Tump’s announcement of reciprocal tariffs from April 2 has made buyers cautious.
Labour shortages and excess fabric stocks have also impacted the market.
In Gujarat, cotton prices saw volatility, recovering partially after steep losses.
