South India’s cotton yarn market remained under pressure due to weak downstream demand, falling cotton prices and cautious buying sentiment.
Yarn prices in Tiruppur and Mumbai stayed largely stable, though mills may cut prices in coming days.
A sharp reduction in CCI cotton auction prices and speculation over import duty changes further weakened market sentiment.
Yarn prices in Tiruppur and Mumbai stayed largely stable, though mills may cut prices in coming days.
A sharp reduction in CCI cotton auction prices and speculation over import duty changes further weakened market sentiment.
