Cotton yarn prices in north India stayed stable in Ludhiana and Delhi, while Panipat’s recycled yarn market also held steady amid weak demand.
Traders and mills are cautious as the 25 per cent punitive US tariff effective August 27 threatens Indian garment exports.
The expected export slowdown could reduce domestic consumption of both virgin and recycled yarn.
Traders and mills are cautious as the 25 per cent punitive US tariff effective August 27 threatens Indian garment exports.
The expected export slowdown could reduce domestic consumption of both virgin and recycled yarn.
