Cotton prices rise 5% last week as demand increases

Cotton prices rise 5% last week as demand increases

New Delhi: Domestic cotton prices have risen by around 5% in the past week and may remain firm as purchases by spinners and foreign companies have resumed, traders said.

“Domestic demand for cotton has increased, with most spinning mills now operating at 80% of their capacity. We expect domestic demand for yarns to improve as the holiday season approaches. In addition, multinationals are heavily…

View On WordPress