Textile
| North Indian cotton yarn prices steady; demand low due to cash crunch
Pic: Adobe Stock
Insights
- North Indian cotton yarn prices remained steady due to slow demand and payment issues.
- Demand was weak in Delhi, Ludhiana and Panipat, where unsold inventory accumulated, and traders expect buyers to return only with extended credit terms.
- Cotton yarn prices remained stable after a slight rise in Ludhiana last week, while Panipat faced sluggish home textile demand.