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North Indian cotton yarn down due to weak demand, production halt

04 May '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North Indian cotton yarn prices fell due to reduced demand from the weaving industry and weak export demand, leading spinning mills to consider partially halting production to prevent stock accumulation.
  • Cotton yarn prices declined in Delhi and Ludhiana.
  • Panipat's recycled yarn market experienced weak demand, but recycled PC yarn prices remained stable.

The Delhi market experienced a decline in cotton yarn prices by &#****;*-* per kg, with weak demand from the weaving industry. Mills and stockists felt pressured to sell their stock at lower prices. A trader from the Delhi market told Fibre2Fashion, "Spinning mills are considering stopping production for *-* days a week to avoid the accumulation of cotton yarn. They cannot shift to polyester and PC yarn production as demand in this segment is also not promising." 

In Delhi, ** count combed yarn traded at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg, and ** count carded at &#****;***-*** per kg, according to ******&Apstatus=*&NewsType=Free" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

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