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Cotton yarn prices down in Delhi, sentiments weak in north India

Traders said the market was under pressure due to a lack of buying. Although mills were trying to hold prices, stockists and traders were selling their stock at a loss. The Panipat market also noted weak demand from downstream industry and retailers. However, recycled yarn and its raw material prices remained stable.

In the Delhi market, cotton yarn prices saw a downward trend, dropping by &#****;*-* per kg. According to trade sources, the market was under pressure due to slow demand, and buyers were uncertain about demand from the downstream industry. The market was caught between slow retail demand and falling prices of natural fibre.