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North India sees increased cotton yarn demand, prices up in Ludhiana

08 Jan '24
3 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In north India, cotton yarn demand has modestly improved, with a slight price rise in Ludhiana and stable conditions in Delhi, amid hopes for increased summer garment demand.
  • Traders remain cautious about the trend's sustainability.
  • Ludhiana's spinning mills and traders reported increased activity, while Panipat's home textile hub showed no price change.

In the Ludhiana market, sentiments improved in the cotton yarn trade, with buyers eager to replenish their stocks. Spinning mills also attempted to raise prices in anticipation of future buying. A trader from the Ludhiana market told Fibre2Fashion, "After a prolonged slowdown in cotton yarn, the market witnessed increased demand from the weaving industry, which was looking to replenish stocks for the upcoming season. However, traders are uncertain if this positive trend will persist." 

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 was noted at ***-*** 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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