Caught In The Squeeze: Rising Cotton Costs Weigh On India’s...

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2026-04-24 12:16:13 -

Caught In The Squeeze: Rising Cotton Costs Weigh On India’s Spinning Mills

India’s textile value chain is facing renewed pressure as a sharp rise in cotton prices tightens margins for spinning mills already grappling with weak downstream demand and global uncertainties. The benchmark Shankar-6 cotton variety, largely produced in Gujarat, has climbed to around Rs 60,500 per candy (356 kg), marking an increase of about 8.5% over the past month. The price...

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