Textile
| India's yarn market faces decline amid slow demand and payment crisis
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Insights
- India's man-made fibre (MMF) yarn market is struggling due to slow demand and a payment crisis, with polyester-cotton, polyester, and viscose yarn prices dropping by ₹2-4 per kg in last 2 days.
- Power looms are running at reduced capacity despite the festival season.
- Cotton prices remain steady, but poor quality and slow demand are affecting the market.