Textile
| North Indian cotton yarn prices dip as Bangladesh unrest impacts trade
Pic: Adobe Stock
Insights
- Cotton yarn trade in north India saw sluggish demand, leading to a price drop in Ludhiana due to minimal downstream industry demand.
- Violence in Bangladesh and Chinese fabric imports negatively impacted the market.
- Panipat saw limited demand for recycled yarn.
- Cotton prices also fell due to a downward trend in ICE cotton and reduced arrivals in north India.