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Cotton yarn demand in north India weakened due to sluggish downstream and export demand, leading to price declines in Ludhiana, while Delhi saw stable prices.
Mills are importing cheaper cotton as high MSP makes domestic cotton uncompetitive globally.
Recycled yarn prices in Panipat remained steady despite slow demand for home furnishing products post-Diwali.
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North Indian cotton yarn faces weaker demand, prices ease in Ludhiana
