Moneycontrol PRO
you are here: HomeNewsOpinion

Will cotton prices cool off as demand for yarn loses momentum?

July data showed the global cotton textile trade has been coming off from its highs. The export of cotton yarn, fabrics and handlooms products from India during the month, according to industry sources, declined by about 28 per cent year-on-year

August 08, 2022 / 10:16 AM IST
Will cotton prices cool off as demand for yarn loses momentum?

Representative image.

There has been mayhem in the cotton textile market for over a year. Spinning mills, cotton growers and traders have been on a roll for many months as they were able to pass on skyrocketing cotton and cotton yarn prices to the end-user. Robust demand for textiles --readymade garments, furnishings and other home textiles-- both in the domestic and international markets helped the cause of manufacturers. However, this fairytale yarn, that helped the integrated mills and garment makers reap fluffy...

  • PRO Panorama

    Moneycontrol Pro Panorama | What will it take to revive animal spirits?

    Dec 5, 2022 / 03:07 PM IST

    In today’s edition of Moneycontrol Pro Panorama: India to quality check its imported goods, collegium issue a bone of contention, fissures in US-EU unity, India needs specific agenda for Global South at G20, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers