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Cotton yarn eases in north India as demand still elusive

30 Oct '23
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices declined in north India due to slow demand from the weaving industry, dropping by ₹*-* per kg in Delhi and ₹*-* per kg in Ludhiana.
  • Traders expect demand to pick up from garment manufacturers by Diwali.
  • Panipat's recycled yarn market also remains weak.
  • Meanwhile, cotton prices have seen a slight increase in north Indian states.

Meanwhile, Panipat’s recycled yarn market also noted weak trend as demand from downstream industry was still weak. However, cotton prices improved in north Indian states.

Delhi market noted bearish demand from the weaving industry and prices of cotton yarn declined by &#****;*-* per kg. A trader from Delhi market told Fibre2Fashion, “The market did not see better buying from weaving industry. Weaving industry was facing poor demand of fabric. Fabric manufacturers did not want to build stock amid uncertain market conditions.” ** count combed yarn was traded at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg and ** count carded at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro.

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