There has been a surge in yarn export inquiries from foreign buyers, with Chinese importers expressing particular interest in Indian cotton yarn. Moreover, the price of comber, a byproduct of the cotton industry, also experienced an uptick in the Panipat market due to the rising cost of cotton. However, the demand for recycled PC yarn remained stagnant.
The Ludhiana market continues to experience an upward trend in cotton yarn prices. A surge in domestic and global demand has prompted a price increase of ****;*-* per kg. A local trader told Fibre2Fashion, “Chinese buyers have been actively seeking cotton yarn from the Indian market, particularly following the rise in ICE cotton. The growing cost of cotton has led spinning mills to raise their yarn prices, a move further buoyed by robust domestic demand.”
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!