Textile
| North India cotton yarn unmoved by budget, prices stable
Pic: Adobe Stock
Insights
- North India's cotton yarn market remained bearish with stable prices and weak demand post-Budget ****-**.
- Traders fear importers may bypass higher knitting fabric duties.
- Cotton yarn prices in Ludhiana and Delhi held steady despite tight payment conditions.
- Panipat's recycled yarn market struggled with excess supply and weak demand.
- Cotton prices eased due to slow buying and weak ICE cotton trends.