Although cotton prices remained unchanged in Delhi and Ludhiana during the last days of the current fiscal year ****–**, traders reported slow to average demand from the consumer industry in both markets.
In Ludhiana, the market saw average demand and stability in cotton yarn prices. This average demand is being viewed as a positive sign amid an ongoing and unprecedented payment crisis. A trader from Ludhiana told Fibre2Fashion, “The average buying of cotton yarn despite the slow payment flow is a good sign for the market. There is a possibility that demand will rise significantly next month.”
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