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North India cotton yarn struggles amid weak demand, optimism persists

Delhi market noted steadiness in cotton yarn prices. A trader from the Delhi market told Fibre2Fashion, "There was no improvement in cotton yarn demand. However, weaving activities were slightly better compared to knitting value chain. Current market weakness may continue at least for a couple of weeks.” 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.

Ludhiana market also saw stability in cotton yarn prices. According to trade sources, most of the counts and varieties of cotton yarn were sold at previous levels. There was no improvement in demand from downstream industry. Buyers were cautious in fresh buying of cotton yarn. But spinning mills, stockists and traders were optimistic about mild gain after a few weeks. They expect that the further reduction of cotton arrival in the coming months may support fibre prices.