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Steady cotton yarn prices prevail amid festive season in north India

23 Oct '23
4 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Cotton yarn prices in north India have stayed stable during the festive period, with limited trade activity.
  • Ludhiana saw higher demand for winter hosiery garments, but it did not significantly affect cotton yarn trade.
  • Panipat's recycled yarn market remained steady.
  • Cotton prices remained stable, and farmers hesitated to sell at lower prices.

The Ludhiana market has witnessed a steady trend in cotton yarn prices amid limited trade. However, the market has seen higher demand for winter hosiery garments. A trader from the Ludhiana market informed Fibre2Fashion, “Cotton yarn prices are unlikely to receive support until there is an increase in export demand. Domestic demand is also expected to remain limited until Diwali, as the upstream cotton yarn and fabric industry will not see significant growth. Currently, garment manufacturers are making efforts to place their clothing consignments on retail counters during this festive season.” 

The ** count cotton combed yarn was sold at &#****;***-*** per kg (inclusive of GST), while the ** and ** count combed yarns were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively. Carded yarn of ** count was observed at &#****;***-*** per kg in Ludhiana, as reported by *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool, TexPro. 

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