Cotton yarn demand slows ahead of Pongal in south India, prices steady

Cotton yarn prices have stabilised in Tiruppur and Mumbai due to sluggish demand from the weaving industry. The approaching Pongal festival is expected to further slowdown weaving and garment manufacturing. In Gujarat, a steady cotton price trend is observed, with spinning mills cautious in purchasing due to demand uncertainty and payment constraints.

from Paid Textile and Fashion Industry News RSS XML Feeds - Fibre2fashion https://ift.tt/Qvd4Rba
via IFTTT