Spinning mills under pressure in south India, carded cotton yarn down


INSIGHTS

  • Reduced demand in India’s textile industry has caused cotton yarn prices to drop in Tiruppur.
  • Mills face pressure to lower prices for liquidity.
  • While Mumbai has sluggish demand, prices have not fallen yet.
  • Weak demand from the weaving industry is affecting Tiruppur.
  • Combed cotton yarn prices remain stable, but carded cotton yarn has decreased.