Home breadcru News breadcru Raw Material Prices breadcru  | North India sees slow demand in cotton yarn, prices ease in Delhi

Prime Content | 
North India sees slow demand in cotton yarn, prices ease in Delhi

17 Oct '24
4 min read
North India sees slow demand in cotton yarn, prices ease in Delhi
North India sees slow demand in cotton yarn, prices ease in Delhi

Insights

  • Cotton yarn markets in north India face weak demand and payment constraints, with prices easing in Delhi but remaining stable in Ludhiana.
  • Traders attribute the slowdown to liquidity diversion to stock markets.
  • Panipat's recycled yarn market sees average demand, but payment issues persist.
  • Cotton prices rose due to stronger ICE cotton and increased arrivals.

In Delhi, cotton yarn prices dropped by &#****;* per kg, and stockists, traders, and mills are under pressure to attract potential buyers. A Delhi-based trader told Fibre2Fashion, “There was very slow demand of cotton yarn as the festival of Diwali is approaching. Most thrust area is retail sale in these days of festival season. Cotton yarn demand may see improvement after Diwali.”

In Delhi, ** count combed knitting yarn was priced at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed yarn at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded yarn at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded yarn at &#****;***-*** (approximately $*.**-*.**) per kg.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!