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Cotton yarn prices steady as buying improves in north India

02 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North India's cotton yarn market has seen a slight improvement in sentiments today due to higher buying in anticipation of a price rise. However, cotton yarn prices in Ludhiana and Delhi remained steady. Buyers are interested in new deals as they expect an increase in prices by spinners, and mills are not keen to sell their stocks at lower prices.

Ludhiana has witnessed limited but consistent demand, with cotton yarn prices hovering at previous levels. “Spinning mills preferred to hold their stock instead of selling at lower prices, as they were bullish on yarn trade because of strong demand from the export market,” a trader from Ludhiana market told Fibre2Fashion

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (inclusive of GST). Meanwhile, ** and ** count combed yarns were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. Carded yarn of ** count remained steady at &#****;***-*** per kg, according to Fibre2Fashion&#**;s market insight tool TexPro. 

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