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North India's cotton yarn may improve in April

27 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North India's cotton market is under pressure due to low demand from downstream industries, leading to easing prices of cotton yarn in major markets. The decline in export demand is also a major concern. The recycled yarn market in Panipat is experiencing a steady trend in prices but weaker demand due to a decrease in export demand for home furnishing.

Cotton yarn prices have decreased by &#****;* per kg in the Ludhiana market due to weak demand. “The market may face sluggish demand till the first week of the next month, but the demand will improve from the downstream industry in the next fortnight. Usually, buying improves in the first month of the new fiscal,” a trader from Ludhiana market told Fibre2Fashion

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

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