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Global banking crisis adds to woes of north India's cotton yarn trade

23 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

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  • North India's cotton yarn trade is currently facing weak demand, compounded by the global banking crisis. Traders are hopeful for better demand in April, but buyers are not keen on fresh buying, leading to stable cotton yarn prices. North India's cotton prices remained steady, and there was enough demand to consume available cotton, leading to stable prices.
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