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Holi limits trade in north India, Cotton yarn prices up in Ludhiana

06 Mar '23
3 min read

Insights

  • Cotton yarn prices in Ludhiana rose by ₹* per kg due to an aggressive sales strategy. Trading was limited due to the Holi festival, which will be celebrated on March *-*. Traders expect that the market will reassess the demand and supply of cotton yarn after the festival. Panipat also noted a muted tone due to low buying and festive mood.

While the Ludhiana market witnessed slight gains in cotton yarn prices, trading was limited due to the festive mood. A trader from the Ludhiana market told Fibre2Fashion, "Spinning mills were aggressive in selling their production of cotton yarn, which further supported the rise in prices of the products. Cotton yarn prices increased by &#****;* per kg in the market." 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive). ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. Carded yarn of ** count steadied at &#****;***-*** per kg, according to Fibre2Fashion&#**;s market insight tool TexPro. 

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