Cotton yarn prices in North India remained largely stable as steady export demand helped offset cautious buying in the domestic market. Market participants said overseas orders continued to provide support, while local buyers maintained a wait-and-watch approach amid fluctuating raw material costs and uncertain demand from downstream industries.
Traders noted that exporters, particularly those catering to key international markets, continued to place regular orders, preventing any significant decline in yarn prices. However, domestic textile manufacturers purchased only as required, keeping overall trading activity moderate.
Industry sources attributed the cautious sentiment to concerns over apparel demand, inventory management and volatility in cotton prices. Mills also remained focused on balancing production with existing order books to avoid excess stock accumulation.
Looking ahead, market participants expect cotton yarn prices to remain range-bound in the near term. A sustained recovery in domestic textile demand, combined with continued export enquiries, will be key factors influencing market sentiment and pricing in the coming weeks.