In Ludhiana, purchasing was further discouraged by the recent military conflict between India and Pakistan. However, the trading community remains optimistic about a revival in cotton yarn demand next month. The upcoming festival season is expected to boost local manufacturing activities across the textile value chain.
Export-related manufacturing may also pick up, as European and US importers and brands are likely to place bulk orders for the Christmas season. Panipat’s recycled yarn market is also experiencing sluggish demand, with prices remaining steady amid tight payment conditions.
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