As concerns over potential US tariffs loom, cotton yarn prices in North India have remained steady despite sluggish trade across key markets.
Traders in Delhi, Ludhiana, and Panipat reported a slow pace of transactions, but cotton yarn prices did not experience any significant fluctuations.
The market’s cautious stance is driven by uncertainty surrounding the potential impact of reciprocal tariffs from the US, which could dampen demand and create pressure on Indian exporters.
However, cotton prices have defied global trends by holding firm, supported by rising seed prices.
This resilience in cotton prices has played a role in stabilizing the yarn market, with industry players awaiting more clarity on how the tariffs might affect exports. The situation remains tense, with many businesses in North India adopting a wait-and-see approach before making any major moves.
While concerns about tariff impacts persist, the steady cotton yarn prices indicate a degree of resilience in the Indian textile sector.
Traders are hoping that the situation will stabilize once more information about the tariffs is made available, helping to guide future market decisions.
