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Limited trade in cotton yarn as north India awaits poll outcomes

03 Jun '24
4 min read
Limited trade in cotton yarn as north India awaits poll outcomes
Limited trade in cotton yarn as north India awaits poll outcomes

Insights

  • Cotton yarn prices in north India remained steady as traders await poll results.
  • Both Delhi and Ludhiana experienced limited trading activity, with buyers preferring to wait for political developments.
  • Market experts expect better demand for cotton yarn in the coming weeks due to seasonal manufacturing increases.
  • Cotton prices in north India have stabilised.

The Delhi market noted steadiness in cotton yarn prices, with limited trade activity today. A trader from the Delhi market told Fibre2Fashion, "Buyers were not too interested in purchasing cotton yarn. They prefer to wait and watch before the poll results. Cotton yarn prices remained stable amid slow buying. Buyers will return to the market after the poll results.”

In this market, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.

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