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Cotton yarn rises in Ludhiana on higher export, recycled PSF also up

India’s home textile hub, Panipat, saw a steep rise in recycled polyester fibre prices, which increased by &#****;* per kg in the last couple of days. The price hike was driven by a rise in virgin polyester fibre costs and higher exports of polyester flax. However, recycled yarn prices remained stable, and cotton comber was also traded at steady rates. 

Ludhiana’s cotton yarn market experienced a &#****;* per kg price increase as mills shifted focus toward exports. Local demand was also satisfactory, with summer garment production gradually picking up. A trader from Ludhiana told Fibre2Fashion, “The recent decline in the rupee against the US dollar has improved the competitiveness of local spinning mills in the export market. Better export prospects have given them greater pricing power, leading to an increase in cotton yarn prices.”