| Iran-Israel conflict impacts north India's cotton yarn; prices drop
15 Apr 24 4 min read
Insights
- North India's cotton yarn market declined due to the ongoing Iran-Israel conflict, impacting global markets.
- In Ludhiana and Delhi, cotton yarn prices dropped by ₹2-4 per kg since Thursday.
- Buyers are cautious, delaying purchases amid geopolitical uncertainties, affecting garment and textile exports.
- ICE cotton price drop has also contributed to the decline.
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