| 

North Indian cotton yarn demand hit by tariff concern; prices drop

Panipat’s recycled yarn and raw materials market also remained steady amid weaker demand. Home furnishing exports are likely to slow down if the tariff is implemented. Additionally, a shortage of workers has affected the demand for recycled yarn.

In Ludhiana, cotton yarn demand was average, but prices remained unchanged. The market saw a steep rise in textile company shares, though there was no clear correlation with trade demand. A trader from Ludhiana told Fibre2Fashion, “Traders are waiting for more clarity and direction following the US announcement. Currently, there is no positive sentiment in the cotton yarn market. It is too early to assess the impact of the tariff as positive. The sudden increase in import costs will affect buying by US brands and retailers.”