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North Indian cotton yarn market bearish; prices down in Ludhiana

16 Mar '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North India's cotton yarn market is bearish, with prices continuing to decline. Prices have dropped in Ludhiana, while they are stable in Delhi and Panipat. Buyers are cautious about fresh buying, as a decline in cotton prices has discouraged them from expecting yarn prices to ease. Slower demand is putting pressure on stockists and traders to reduce prices.

Cotton yarn prices further eased by &#****;* per kg in Ludhiana after a decline in the natural fibre, with slower demand putting pressure on stockists and traders to reduce prices. “Cotton yarn prices further came down because of limited buying. Exporters were buying cotton yarn to fulfil their commitments, but they slowed down new purchases after a decline in the prices of the natural fibre.” a trader from Ludhiana market told Fibre2Fashion

In Ludhiana, ** count cotton combed yarn was sold lower by &#****;* 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 Fibre2Fashion’s market insight tool TexPro. 

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