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North Indian cotton yarn prices remain steady amid high demand

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

Insights

  • In North India, cotton yarn trade prices stabilised due to stronger cotton and increased export demand.
  • Ludhiana and Delhi markets reported stable prices, with Panipat noting steady recycled yarn prices.
  • Domestic demand remains weak, but mills are optimistic.
  • North India's cotton prices rose after a hike in ICE cotton and active purchasing.

A Ludhiana market trader told Fibre2Fashion, "The market is expecting a positive trend in cotton yarn in the coming weeks. Mills have seen a boost in exports following the rise in American cotton, although domestic demand from the weaving industry remains weak. Currently, the mills are not under pressure to sell."

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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