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Cotton yarn stays steady in north India; recycled yarn up in Panipat

04 Jul '24
4 min read
Cotton yarn stays steady in north India; recycled yarn up in Panipat
Cotton yarn stays steady in north India; recycled yarn up in Panipat

Insights

  • Cotton yarn prices remained stable in Delhi and Ludhiana despite rising cotton costs and weak consumer demand.
  • Export demand suffered due to increased container freight charges.
  • In Panipat, recycled PC yarn prices rose by ₹*-* per kg, driven by higher recycled polyester fibre costs.
  • Cotton prices in north India increased due to limited supply.

Cotton yarn prices remained stable in the Delhi market after a rise of &#****;* per kg at the beginning of this week. Demand from the consumer industry remained average but could not support a price rise. A trader from the Delhi market told Fibre2Fashion, "The market was unable to absorb the price rise. Mills wanted to raise their mill rate, but bearish demand did not allow them. They are feeling pressure on their margins as cotton prices rise day by day.”

In this market, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.

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