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Cotton yarn demand slumps in north India; recycled yarn up in Panipat

Cotton yarn prices fell further by &#****;* per kg in the Delhi market. Demand remained weak due to the uncertainty surrounding garment exports to the US. A trader from Delhi told Fibre2Fashion, “Importers and exporters each had to bear a * per cent tariff when the US raised the basic tariff by ** per cent. If the trade deal fails, the US will impose a ** per cent tariff, which will be a major issue for both importers and exporters. Therefore, importers are holding back new export orders, leading to reduced cotton yarn demand.”

In Delhi, ** count combed knitting yarn was traded at &#****;***-*** (~$*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (~$*.**-*.**) per kg, ** count carded at &#****;***-*** (~$*.**-*.**) per kg, and ** count carded at &#****;***-*** (~$*.**-*.**) per kg today.