Textile
| Payment issues hit north Indian cotton yarn, prices drop in Delhi
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Insights
- Payment constraints have led to a ₹*-* per kg drop in cotton yarn prices in Delhi, while Ludhiana remained stable.
- The slowdown is attributed to MSE payment rules and fiscal-end liquidity planning.
- Panipat's recycled yarn market also faces weak demand.
- Cotton prices in north India slipped ₹**-** per maund due to lower arrivals and weak buying interest from mills.