Cotton yarn trade in northern India remains cautious
Cotton yarn trading in Ludhiana and Delhi is slow due to changing ICE cotton prices and cautious buying by clothing makers. Spinning mills are keeping prices steady but have limited cash and short payment periods, so they can't build large inventories.
In Panipat, recycled yarn and home textile businesses are also slow because of global issues affecting exports. Buyers are only buying what they need now and not making long-term deals because of unstable raw material prices.
Source: textiletradebuddy.com



