Textile
| Weak demand, labour crunch hit north Indian cotton yarn; prices stable
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Insights
- Cotton yarn trade in north India remained subdued due to weak demand, labour shortages, and cautious buying, with prices mostly steady in Delhi, Ludhiana, and Panipat.
- International Labour Day further disrupted manufacturing.
- Mills face margin pressure amid rising fibre costs, while recycled yarn demand also stayed low.
- Cotton prices declined due to weak ICE trends.