Home breadcru News breadcru Raw Material Prices breadcru  | North Indian cotton yarn remains steady, prices to stay range-bound

Prime Content | 
North Indian cotton yarn remains steady, prices to stay range-bound

12 Jun '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Cotton yarn prices in north India remain steady, expected to stay range-bound due to average buying and a balance between supply and demand.
  • Export orders from China have lessened mills' desperation and increased MSP of unginned cotton supports the fibre.
  • Cotton arrivals are declining, leading ginners to withhold stock for higher post-rain prices.

The Ludhiana market reported a steady trend in cotton yarn prices amidst average demand. A balance between demand and supply left prices unchanged. Traders anticipate that cotton yarn prices will remain within a certain range. A trader from the Ludhiana market, speaking to Fibre2Fashion, said, “Many mills have received yarn export orders from China and other countries. They have scheduled their production until July. Cotton yarn prices may remain range-bound as we do not foresee a significant rise in demand from the downstream industry.” 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and **-count carded yarn was priced at &#****;***-*** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

Get Free Weekly Market Insights Newsletter

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