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Cotton yarn demand may pick up, prices steady in north India

The Delhi market experienced steadiness in various counts and varieties of cotton yarn. A trader from the Delhi market informed Fibre2Fashion, "The market may witness higher demand in the coming weeks as buyers will be looking to make purchases in the new fiscal. The concerns regarding the new payment rule have eased with the start of the new fiscal." In this market, ** count combed yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

The Ludhiana market also observed stability in cotton yarn prices amid average demand. The market saw increased trade in the new fiscal. A trader from the Ludhiana market told F*F, "The pipeline is empty as buyers did not purchase cotton yarn in March due to a payment crunch. They need to replenish their stock, which may boost the demand for cotton yarn. However, prices did not see any movement on the first day of April." In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (approximately $*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (approximately $*.**-*.**) per kg and &#****;***-*** (approximately $*.**-*.**) per kg, respectively; and ** count carded yarn was noted at &#****;***-*** (approximately $*.**-*.**) per kg today.