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North Indian cotton yarn's demand rises; prices further up in Ludhiana

30 May '24
4 min read
North Indian cotton yarn's demand rises; prices further up in Ludhiana
North Indian cotton yarn's demand rises; prices further up in Ludhiana

Insights

  • In north India, cotton yarn prices rose in Ludhiana, while prices remained steady in Delhi.
  • This trend is driven by recent cotton price increases in ICE and domestic markets, along with higher demand from Bangladesh following substantial garment export orders.
  • Spinning mills are raising domestic yarn prices due to export orders from Bangladesh.

The Delhi market noted stability in cotton yarn prices, after a price rise last week. A trader from the Delhi market told Fibre2Fashion, "Mills are increasing their selling prices after the rise in ICE cotton. But domestic demand is not so strong. Buyers were cautious about new purchases after the rise in prices. However, overall sentiments were positive in the cotton yarn market.”

In this market, ** count combed knitting yarn was traded at &#****;***-*** (approximately $*.**-*.**) per kg (GST extra), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg today.

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