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Bearish trend in north Indian cotton yarn market, prices decline

29 Apr '24
3 min read
Bearish trend in north Indian cotton yarn market, prices decline
Pic: Adobe Stock

Insights

  • In north India, cotton yarn prices have decreased by ₹2-3 per kg in Ludhiana and Delhi market due to reduced demand and low cotton prices.
  • Upcoming elections in Haryana are causing subdued trading in Panipat.
  • Meanwhile, a slight rise in domestic cotton futures slightly boosted cotton prices, with a noticeable drop in arrivals across north Indian states.

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