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Cotton yarn prices stable in north India amid limited export demand

15 Dec '23
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices in north India have stabilised with limited export demand and stable local demand for polyester-cotton (PC) garments.
  • In Ludhiana and Delhi, prices remained unchanged, while Panipat saw steady prices for recycled yarn amid weak downstream demand.
  • Cotton prices were range-bound, influenced by average demand and CCI's procurement.

*.*pt"> Cotton yarn prices have stabilised in north India amid limited export demand. The north Indian cotton yarn market is still awaiting higher demand. In Ludhiana and Delhi, cotton yarn prices remained stable. Trade sources indicate a robust seasonal demand for polyester-cotton yarn, driven by local demand for PC-based garments during the summer season. However, limited export orders have not improved sentiment in the cotton yarn sector. Premium cotton garments are more favoured in Western markets compared to local markets. In Panipat, prices for recycled yarn and raw materials remained steady, with the market experiencing subdued buying from the downstream industry. 

*.*pt"> In the Ludhiana market, cotton yarn prices remained stable after rising at the beginning of the current week. There was an average demand from the weaving industry. A trader from the Ludhiana market told Fibre2Fashion, “Cotton prices may bottom out in the coming weeks, but they cannot see good support until there is a stronger export book. The stability in cotton prices also supported the stability in yarn prices.” 

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