Yarn prices, hovering around their peaks, were still not able to keep pace with the rising cotton prices. Textile mills in the Coimbatore region have hiked yarn prices by Rs 15 per kg - second hike in February. "Even the latest increase (in yarn rates) is not matching the hike in cotton prices," said P Nataraj, managing director of KPR Mill.

That's because cotton prices have jumped at a much faster pace than yarn rates. The popular Shankar-6 cotton have jumped 10.7% since February 7, but yarn...
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