Payment issues hit north Indian cotton yarn, prices drop in Delhi
Payment constraints have led to a ₹3-5 per kg drop in cotton yarn prices in Delhi, while Ludhiana remained stable. The slowdown is attributed to MSE payment rules and fiscal-end liquidity planning. Panipat’s recycled yarn market also faces weak demand. Cotton prices in north India slipped ₹10-20 per maund due to lower arrivals and weak buying interest from mills.
Payment constraints have led to a ₹3-5 per kg drop in cotton yarn prices in Delhi, while Ludhiana remained stable.
The slowdown is attributed to MSE payment rules and fiscal-end liquidity planning.
Panipat’s recycled yarn market also faces weak demand.
Cotton prices in north India slipped ₹10-20 per maund due to lower arrivals and weak buying interest from mills.
