Textile
| Rupee's fall boosts cotton yarn trade, prices rise slightly in Delhi
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Insights
- In north India, cotton yarn prices have slightly risen, influenced by the falling rupee and export-oriented strategies of spinning mills.
- Despite facing domestic liquidity issues and sluggish demand during the peak summer garment season, the export market provides some relief.
- Additionally, recycled polyester fibre prices have dropped in Panipat due to weak demand throughout the textile industry.