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North India cotton yarn prices up as ICE cotton gains, demand sluggish

27 May '24
4 min read
North India cotton yarn prices up as ICE cotton gains, demand sluggish
North India cotton yarn prices up as ICE cotton gains, demand sluggish

Insights

  • Cotton yarn prices in north India increased by ₹*-* per kg, driven by recent gains in ICE cotton.
  • However, demand from fabric and garment industries remains weak.
  • In Delhi, prices rose up to ₹* per kg, and in Ludhiana, prices increased by ₹* per kg.
  • Panipat's market saw little change, with slow buyer activity.
  • Cotton prices in north India steadied.

The Delhi market noted an increase of up to &#****;* per kg in cotton yarn prices. However, demand from the fabric industry was not increasing. A trader from the Delhi market told Fibre2Fashion, "Mills have increased cotton yarn prices after the recent rise in ICE cotton. Although, demand from the fabric industry was weak. Export demand was also unsupportive of the cotton yarn price rise.”

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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