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Cotton yarn prices dip in north India, post-Diwali uptick expected

28 Oct '24
4 min read
Cotton yarn prices dip in north India, post-Diwali uptick expected
Cotton yarn prices dip in north India, post-Diwali uptick expected

Insights

  • Cotton yarn prices in north India have declined by ₹*-* per kg in Ludhiana and Delhi due to low demand and selling pressure ahead of Diwali.
  • Traders are focusing on clearing stocks to improve cash flow.
  • Despite this dip, demand is expected to rise post-Diwali, especially for summer garments, though price increases may face resistance due to ongoing market challenges.

In Ludhiana, cotton yarn prices fell by &#****;*-* per kg due to weak demand ahead of Diwali. A local trader told Fibre2Fashion, “The market is under pressure as buyers are focusing on finished products rather than raw materials. However, demand is expected to improve after the festival, particularly for summer garmenting.”

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 carded yarn of ** count was noted at &#****;***-*** (approximately $*.**-*.**) per kg today, according to trade sources.

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