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North India sees decline in cotton yarn prices amid reduced demand

09 Oct '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • The cotton yarn markets in Delhi and Ludhiana, north India, experienced a ₹* per kg decline in prices due to poor demand from the weaving sector.
  • Additional downward pressure comes from limited domestic demand for high-value garments and low global demand affecting the textile industry.
  • Panipat also reports a ₹* per kg decrease in recycled yarn prices.

The Ludhiana market experienced a decline in cotton yarn prices, primarily due to a lack of demand from the weaving industry. The dumping of fabric from China continues to be a significant issue for the sector. A local trader told Fibre2Fashion, "Both mills and traders are under pressure to sell at reduced prices. Consequently, market rates for cotton yarn decreased by &#****;* per kg. There was no improvement in the demand." 

Prices for **-count cotton combed yarn ranged from &#****;***-*** per kg (GST inclusive); ** and **-count combed yarn traded between &#****;***-*** per kg and &#****;***-*** per kg, respectively; and **-count carded yarn was priced &#****;***-*** per kg in Ludhiana, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

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