Textile
| North Indian cotton yarn demand hit by tariff concern; prices drop
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Insights
- Cotton yarn trade in north India has slowed due to concerns over a proposed US reciprocal tariff, leading to price drops and weaker demand across Ludhiana, Delhi, and Panipat.
- Stockist selling pressure, reduced exports, and labour shortages have further affected market sentiment.
- Traders are awaiting clarity on tariff implementation, which could severely impact the textile value chain.