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North Indian cotton yarn market faces pressure from Bangladesh ban

The Panipat market witnessed improved demand for recycled PC yarn from the local market as summer buying picked up. However, there was a pessimistic outlook for export demand in the home textiles segment. Recycled yarn prices have remained stable over the past few days. Cotton comber traded higher, but recycled polyester fibre declined in the market.

In Ludhiana, cotton yarn demand has slowed down, but prices remained stable, supported by high cotton prices. A trader from the Ludhiana market told Fibre2Fashion, “The market has seen slower demand for cotton yarn. Buyers are cautious about fresh purchases due to uncertainty in export demand. The local market is concerned about weaker demand in the coming weeks, as importers in Bangladesh may no longer find Indian cotton the most favourable option.”