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Cotton yarn demand slumps in north India; recycled yarn up in Panipat

Insights

• North India's cotton yarn market remains weak due to uncertainty over the India–US trade deal.
• Prices fell in Delhi and Ludhiana, with buyers holding back orders over possible ** per cent tariffs.
• In contrast, Panipat saw a steep rise in recycled PC yarn prices due to restricted imports from Bangladesh.
• ICE cotton strength and reduced arrivals pushed domestic cotton prices slightly up in North India.