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Cotton yarn demand stagnant in north India; cotton prices rise

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

Insights

  • In north India, cotton prices are surging, but yarn demand stays static, especially in Delhi and Ludhiana.
  • Despite rising production costs, spinners cannot hike prices due to low demand from weavers.
  • Excessive imports and declining export demands are factors.
  • Panipat observed decreased cotton comber rates, yet recycled yarn held its value.

The Delhi market observed a consistent trend in cotton yarn prices. Mills found it challenging to raise their prices in line with the increased cost of raw cotton, struggling to even maintain their current yarn rates. A trader from the Delhi market informed Fibre2Fashion, “The weaving industry wasn&#**;t expecting increased orders from garment manufacturers, leading to a subdued demand for cotton yarn. The spinners are bearing the burden of the recent hikes in cotton prices.” 

According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro, ** count combed yarn traded between &#****;***-*** per kg (excluding GST), while ** count combed ranged from &#****;***-*** per kg in Delhi. Similarly, ** count carded was between &#****;***-*** per kg, and ** count carded was &#****;***-*** per kg. 

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