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Cotton yarn prices in Ludhiana rise amid surging PC yarn demand

11 Jan '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices in Ludhiana, India, have increased slightly due to the recent rise in PC yarn prices, driven by strong demand for summer garments.
  • In contrast, the Delhi market has seen stable cotton yarn prices with no significant improvement in garment exports.
  • The weaving industry remains cautious, not expecting a quick increase in fabric demand.

*.*pt"> The recent rise in polyester-cotton (PC) yarn prices has buoyed cotton yarn prices in the Ludhiana market, as the price gap between these two yarn varieties has narrowed. Specifically, cotton yarn prices edged up by &#****;* per kilogram. The spike in PC yarn prices, driven by robust demand for summer garments in the domestic market, has subsequently enhanced sentiment in the cotton yarn sector. Despite this, the Delhi market has seen stable cotton yarn prices, with no marked improvement in the garment export segment. The weaving industry remains cautious in purchasing cotton yarn, not anticipating an immediate uptick in fabric uptake from the garment industry. 

*.*pt"> A Ludhiana market trader, speaking to Fibre2Fashion, commented, “Cotton yarn prices have risen, buoyed by the recent surge in PC yarn prices. However, it&#**;s important to note that PC yarn prices had risen from a very low base, having been traded below production cost, whereas cotton yarn has been trading at better prices recently.” 

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