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Cotton yarn prices up in Ludhiana, positive sentiment in north India

08 Jun '23
4 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Increased buying in north Indian cotton yarn trade led to a ₹* per kg price gain in Ludhiana.
  • Mills raised selling rates, but Delhi's market remained stable.
  • Concerns over retail demand persist, but intermediate products may see increased demand.
  • In Panipat, recycled yarn prices remained steady.
  • The government's increased MSP had no impact on cotton prices.

In the Ludhiana market, cotton yarn prices rose by &#****;* per kg. Mills have raised their card rate for cotton yarn, and several mills had previously halted the sale of the raw material. Gulshan Jain, a trader from the Ludhiana market, told Fibre2Fashion, "Market sentiments remained positive. Mills have increased their selling rate, supporting market prices. Additionally, Chinese purchases of cotton yarn have boosted demand in recent days." 

The ** count cotton combed yarn was sold at &#****;***-*** per kg (inclusive of GST), while the ** and ** count combed yarn traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively in Ludhiana. Carded yarn of ** count was noted 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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