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Cotton yarn prices decline in Ludhiana; comber down due to poor demand

25 May '23
4 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North Indian cotton prices have decreased due to slow demand and cheaper fibre alternatives.
  • Mills and traders in Ludhiana and Delhi offer discounts in the face of uncertain market trends.
  • Panipat's market shows resilience in recycled yarn prices despite a drop in cotton comber prices.
  • Traders and mills are reducing production levels to mitigate losses.

The Ludhiana market reported a decrease of &#****;*-* per kg in cotton yarn prices, with bearish sentiments prevailing due to the absence of buyers. Mills and traders, keen to avoid a loss in sales, were hesitant to offer lower prices. A trader from the Ludhiana market told Fibre2Fashion, "The decline in cotton prices has further dampened the already weak market sentiments. Mills have an inventory of yarn produced from cotton purchased at significantly high prices. Traders are eager to protect their capital in this uncertain market." 

According to the *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">market insight tool TexPro from Fibre2Fashion, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST included). Meanwhile, ** and ** count combed yarn traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. The price for carded yarn of ** count was recorded at &#****;***-*** per kg. 

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