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High demand drives cotton yarn prices up in north India

24 Jul '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices in north India have risen due to heightened demand and increased cotton prices.
  • The yarn traded ₹* per kg higher in Ludhiana and Delhi markets, with traders expecting the trend to continue due to a higher minimum support price for the upcoming cotton season.
  • Overall cotton prices continue to surge across Punjab, Haryana, and Rajasthan.

The Ludhiana market noted an upward trend in cotton yarn prices. The intermediary raw material was traded at a higher rate of &#****;* per kg. A trader from the Ludhiana market told Fibre2Fashion, “Spinning mills are confident about higher demand in the near future. They have ceased or reduced the discounts they provide to buyers, demonstrating their confidence.” 

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