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Cotton yarn demand eases further in north India; prices down in Delhi

In Delhi, the market experienced a drop of &#****;*-* per kg in cotton yarn prices due to poor demand from the downstream industry. A Delhi market trader explained to Fibre2Fashion, "The market was quietening as buyer interest in new deals was waning. Trading activities in wholesale markets decrease during festivals as traders and buyers engage in festive celebrations. The yarn market will find direction after Diwali." Prices for various counts of yarn were reported, including ** count combed yarn at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg and ** count carded at &#****;***-*** per kg, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

The Ludhiana market maintained a steady trend amidst slow purchasing from the weaving industry. A Ludhiana market trader told F*F, "The textile industry&#**;s entire value chain prefers to purchase only for immediate needs. A payment crisis persisted in the market. Traders struggled with liquidity management as buyers failed to make payments on due dates."