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Bangladesh woes impact north Indian cotton yarn market, prices steady

12 Sep '24
4 min read
Bangladesh woes impact north Indian cotton yarn market, prices steady
Bangladesh woes impact north Indian cotton yarn market, prices steady

Insights

  • Cotton yarn prices in north India's Delhi and Ludhiana remained stable due to weak demand, especially from Bangladesh, following political unrest and potential textile relocations.
  • Indian suppliers are hesitant to export to Bangladesh amid payment security concerns.
  • Despite steady domestic demand, exports are slow, particularly in Panipat market.

The Delhi market experienced stability in cotton yarn prices amid weak demand. Last week, the market saw a price increase following a rise in cotton prices. A trader from Delhi told Fibre2Fashion, "Bangladesh is a very important buyer of Indian fabric, but suppliers are hesitant to send new consignments. They are concerned about payment security after delivering fabric and other textile products."

In Delhi, ** 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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