Middle East conflict weighs on north India’s yarn market, prices drop
Despite surging polyester prices amid Middle East tensions, cotton yarn prices in north India weakened, with Delhi seeing a ₹3/kg drop due to subdued demand and poor export prospects. Ludhiana prices stayed stable, but demand remained weak. Panipat’s recycled yarn market also struggled, though recycled polyester fibre rose by ₹2/kg. Cotton prices dipped amid limited arrivals and buyer inactivity.
Despite surging polyester prices amid Middle East tensions, cotton yarn prices in north India weakened, with Delhi seeing a ₹3/kg drop due to subdued demand and poor export prospects.
Ludhiana prices stayed stable, but demand remained weak.
Panipat’s recycled yarn market also struggled, though recycled polyester fibre rose by ₹2/kg.
Cotton prices dipped amid limited arrivals and buyer inactivity.
