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North India's cotton yarn market witnesses limited but regular buying

19 Jan '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North India's cotton yarn market turned positive today amid limited but regular buying. Cotton yarn prices remained stable in Delhi but rose by ₹* per kg in Ludhiana. Traders said that regular buying from domestic and export markets supported market sentiments. There was limited trade in Panipat's recycled yarn market as it was facing a liquidity crunch.

Ludhiana market witnessed an upward trend with an increase of &#****;* per kg in cotton yarn. “Buying was not very strong, but everybody bought cotton yarn to fulfil their regular requirements. The downstream industry cannot stop production, so they must buy raw material,” a trader from Ludhiana market told Fashion*Fashion

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; and carded yarn of ** count remained steady at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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