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Cotton yarn prices soar in north India amid surging cotton fibre costs

A trader from the Ludhiana market told Fibre2Fashion, "Yarn prices were supported by the higher cost of cotton. Buyers were eager to purchase the intermediary product, anticipating further price increases. However, there was no positive sentiment in the downstream industry." In Ludhiana, **-count cotton combed yarn was sold at &#****;***-*** per kg (inclusive of GST); ** and **-count combed yarns were traded at &#****;***-*** per kg and &#****;***-*** per kg, respectively; and carded yarn of **-count was noted at &#****;***-*** per kg today, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

A Delhi-based trader told F*F, “Cotton fibre prices have seen a higher increase compared to yarn and fabric. This indicates that garment retail sales are not supportive of the current rise in raw material costs. It is important to observe how the value chain absorbs the price rise.” In this market, **-count combed yarn was traded at &#****;***-*** per kg (excluding GST), **-count combed at &#****;***-*** per kg, **-count carded at &#****;***-*** per kg, and **-count carded at &#****;***-*** per kg today.