Cotton yarn prices in Delhi and Ludhiana have dropped by ₹2 per kg due to weak demand and payment issues with Bangladeshi banks.
Exporters are hesitant due to unreliable Letters of Credit.
Recycled polyester fibre prices in Panipat also eased amidst slow demand for home textiles.
Cotton arrivals in north India have risen, but market sentiment remains low due to high supply and reduced demand.