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Cotton yarn stable in north India, low inventory encourages buying

29 Jun '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices have remained stable in north India, with previous trading levels upheld in Delhi and Ludhiana.
  • The stability indicates financial strength among mills, despite a decrease in cotton prices.
  • Mills in Ludhiana have shown no pressure to lower prices, and in Delhi, depleted stocks and attractive prices have spurred higher demand.

The Ludhiana market saw a steady trend in cotton yarn prices. Mills and stockists have been aiming to sell at current prices and showed no interest in reducing prices to attract buyers. A trader from the Ludhiana market told Fibre2Fashion, "Mills were not under pressure to sell yarn at lower prices. Their financial flow was manageable, preventing them from slashing prices." However, mills do have some flexibility to cut prices due to cheaper cotton. 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive). The ** and ** count combed yarns were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. The 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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