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North India's cotton yarn market faces sluggish demand

09 May '24
4 min read
North India's cotton yarn market faces sluggish demand
Pic: Adobe Stock

Insights

  • Cotton yarn trade in north India remains sluggish due to poor demand and geopolitical uncertainty.
  • Prices fell in Delhi but stayed steady in Ludhiana.
  • The market is cautious with buyers only purchasing for immediate needs.
  • Panipat's recycled yarn market also faces slow demand.
  • Cotton prices in the region are rising due to higher ICE cotton rates.

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