In Delhi, cotton yarn prices were stable due to average demand. There was no improvement in demand from the fabric and garment industry. A trader from the Delhi market told Fibre2Fashion, "Export orders are not very encouraging for spinning mills. They are more dependent on domestic buying. A US Fed rate cut may only be possible in September. The entire value chain is facing uncertainty regarding consumer buying.”
In this market, ** count combed knitting yarn was traded at ****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at ****;***-*** (approximately $*.**-*.**) per kg, ** count carded at ****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at ****;***-*** (approximately $*.**-*.**) per kg today.
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