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Prime Content | 
India's yarn market faces decline amid slow demand and payment crisis

21 Aug '24
4 min read
India's yarn market faces decline amid slow demand and payment crisis
Pic: Adobe Stock

Insights

  • India's man-made fibre (MMF) yarn market is struggling due to slow demand and a payment crisis, with polyester-cotton, polyester, and viscose yarn prices dropping by ₹2-4 per kg in last 2 days.
  • Power looms are running at reduced capacity despite the festival season.
  • Cotton prices remain steady, but poor quality and slow demand are affecting the market.

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