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North India: Cotton yarn prices steady amid weak downstream demand

Delhi market witnessed stable prices of cotton yarn. The market saw average demand from consumer industry and export market. A trader from the Delhi market told Fibre2Fashion, “The market is facing lack of confidence about export orders for the coming winter season. US Fed reserve’s delayed easing of interest rates will not support retail demand. Domestic industry wanted to see orders from western importing countries.”

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.