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Cotton yarn demand average in north India; prices drop in Ludhiana

28 Aug '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices have slightly dipped in Ludhiana due to subdued demand, while remaining stable in Delhi and Panipat.
  • Trade insiders remain optimistic about future buying activity.
  • New cotton arrivals in north India have surged, with spinning mills actively purchasing.
  • Panipat awaits a potential boost in demand due to the upcoming festival season.

The Ludhiana market reported a slight easing of cotton yarn prices, with rates falling by &#****;*-* per kg amid limited buying activity. There was an absence of festival demand from the weaving industry, which contributed to the overall weak demand, dampening market sentiments. A trader from the Ludhiana market told Fibre2Fashion, "Overall, the demand was average. Prices should remain at their current levels, although some trade participants felt pressure, leading to a drop in prices." 

According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro, **-count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive), while ** and **-count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively in Ludhiana. The price of **-count carded yarn was noted to be between &#****;*** and &#****;*** per kg. 

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