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Cotton yarn prices up in Delhi; north India sees mixed trend

10 Aug '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices in Delhi increased by ₹*,*** per kg, owing to increased export orders and higher quotations by spinners.
  • While mills attempted to increase prices due to the higher cost of cotton, the Ludhiana market remained stable amid average demand.
  • Panipat's recycled yarn market was quiet, and some yarn types saw a slight improvement in buying interest.

Despite the mills&#**; attempt to quote higher prices due to the cost of cotton, caution prevailed as market conditions might not favour such a move. In Delhi, export demand buoyed cotton yarn prices. Panipat&#**;s recycled yarn market remained quiet, and open-end polycotton yarn was steady in the face of bearish demand. UV yarn saw slightly improved buying interest, but this did not translate into an upward price movement. 

The Delhi market witnessed an upward trend in cotton yarn prices. The market noted an increase of &#****;*-* per kg due to better buying. A trader from the Delhi market told Fibre2Fashion, "Mills were trying to increase yarn prices because they had to bear an additional cost of cotton. Better demand supported market sentiments for an increase in yarn prices." In this market, **-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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