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Cotton yarn prices ease in north India as demand remains elusive

02 Nov '23
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • North India's weaving industry faces a persistent demand slump, with cotton yarn prices dropping ₹*-* to ₹*-* per kg in Delhi and Ludhiana, causing widespread market pessimism.
  • Diwali hopes for demand recovery were dashed, with no near-term improvement in sight.
  • Delhi and Ludhiana markets reported price drops and slow sales.
  • North India's cotton prices fell further.

In the Delhi market, a decline of &#****;*-* per kg in cotton yarn prices was witnessed. The market has noted sluggish demand from the downstream industry. A trader from the Delhi market told Fibre2Fashion, “The market was hopeful for better demand by Diwali. But no indications were visible for improved sentiments in the market. The buying of cotton yarn further dried up because of the downtrend in the prices of the natural fibre.” 

In Delhi, ** 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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