Cotton yarn prices remained stable in Mumbai and Tiruppur amid renewed export demand, particularly from China and Egypt, raising hopes of a price recovery.
Traders expect prices to have bottomed out and are awaiting clarity on the US–India trade deal.
Domestic demand stays weak, but higher exports are likely to support prices.
Gujarat’s cotton demand remains sluggish despite stable Shankar-6 rates.
Traders expect prices to have bottomed out and are awaiting clarity on the US–India trade deal.
Domestic demand stays weak, but higher exports are likely to support prices.
Gujarat’s cotton demand remains sluggish despite stable Shankar-6 rates.