Cotton mills in North India struggle to raise yarn prices as demand weakens

Cotton mills in North India have been unable to increase yarn prices due to prevailing weak buying sentiment and payment constraints from buyers despite an increase in cotton prices. Adding to the market's woes, uncertainty surrounding the India-US trade deal has cast a shadow, further dampening activity. Also, disruptions caused by the Kanwar Yatra, a major pilgrimage in the region, have further hampered movement and logistics.

In related developments, recycled polyester prices have seen slight easing. However, the cost of cotton comber, a byproduct of cotton spinning, has increased due to dwindling availability.