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North India's cotton yarn market buoyant, Ludhiana sees price surge

11 Dec '23
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • The north Indian cotton yarn market saw increased demand, leading to higher prices in Ludhiana but stability in Delhi.
  • Panipat's recycled yarn prices remained stable but recycled PSF prices rose.
  • Cotton prices in north India stabilised, with domestic spot prices steady and arrivals totalling **,*** bales across Punjab, Haryana, and Rajasthan.

*.*pt"> The north India cotton yarn market experienced stronger demand, with buyers showing increased interest in purchasing raw materials. In Ludhiana, cotton yarn prices rose by &#****;* per kg, while in Delhi, they remained at previous levels. Traders reported positive market conditions, noting improved demand from the downstream industry across most northern markets. This optimism extended to expectations of enhanced liquidity, potentially further supporting market sentiments. In Panipat, recycled yarn prices remained stable, but recycled polyester staple fibre saw higher prices due to increased demand from the weaving industry. 

*.*pt"> In Ludhiana, cotton yarn prices increased by &#****;* per kg due to strong demand from the weaving industry. A Ludhiana trader told Fibre2Fashion, “PC cotton yarn has already witnessed a significant price rise due to higher demand for the upcoming summer season. Now, demand for cotton yarn is also improving gradually. The recent increase in cotton prices contributed to the rise in yarn prices.” 

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