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Cotton yarn prices remain stable in north India despite weak demand

Cotton yarn prices remained stable amid slow demand in the Delhi market. There were no positive signals from either the domestic or export markets. Cotton yarn demand slowed down following Bangladesh’s land border ban. On the US front, garment exporters are still focused on renegotiating and finalising previous orders. Domestic demand was also limited as north India’s summer demand had already been met. A trader from the Delhi market told Fibre2Fashion, “Buyers are reluctant to book large quantities of cotton yarn. They are not confident about buying from the downstream industry. Everyone is trying to hold cash instead of stocking raw materials.”

In Delhi, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.