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North India's cotton yarn prices stable, cotton comber up in Panipat

31 Aug '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Trade activity in north India was limited due to stable cotton and yarn prices.
  • Wholesale markets in Delhi were closed for Rakshabandhan, resulting in low trade volumes.
  • Ludhiana reported stable prices and weak demand, particularly in weaving industry.
  • Panipat saw a surge in cotton comber prices due to limited supply but no movement in recycled yarn prices.

The Ludhiana market observed stability in cotton yarn prices amid bearish demand. There was no improvement in demand, and the festive atmosphere led to thin trading in the market. A trader from Ludhiana told Fibre2Fashion, "There was limited trade in the Ludhiana market. Demand from the weaving industry remains weak. However, spinners are attempting to maintain prices at current levels." 

In Ludhiana, **-count cotton combed yarn traded at &#****;***-*** per kg (GST inclusive), while ** and **-count combed yarn were sold at &#****;***-*** per kg and &#****;***-*** per kg, respectively. Carded yarn of **-count was priced between &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

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