Cotton yarn prices in Mumbai rose by ₹2 per kg due to pre-Diwali buying, while prices in Tiruppur remained stable amid cautious demand.
Both markets will observe a Diwali break, with trade resuming in early November.
Traders anticipate a slight increase in demand post-Diwali, but price surges are unlikely.
Meanwhile, rains delayed cotton arrivals in Gujarat, affecting crop quality and quantity.
Source link