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Yarn prices gain in north India after recent increase in cotton fibre

A trader from the Ludhiana market told Fibre2Fashion, “Spinning mills were reluctant to sell their stock as they anticipated rise in yarn prices after stronger cotton. ICE cotton has seen higher increase  compared to domestic prices. Payment issue was also looming in the market, but direct impact on prices was not seen. However, yarn trade remained limited due to the problem.” 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.

Another trader from Delhi market told F*F, “Spinning mills have increased their selling prices by &#****;*-* per kg despite limited demand from the downstream industry. They were trying to encash recent rise in cotton but demand was not so strong. Carded yarn noted steeper rise in comparison to combed yarn.” In this market, ** count combed yarn was traded at &#****;***-*** per kg (GST extra), ** count combed at &#****;***-*** per kg, ** count carded at &#****;***-*** per kg, and ** count carded at &#****;***-*** per kg, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro.