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Cotton yarn prices steady in north India, sentiments weak

13 May '24
4 min read
Cotton yarn prices steady in north India, sentiments weak
Cotton yarn prices steady in north India, sentiments weak

Insights

  • Cotton yarn prices in north India remained steady as subdued buyer activity and a bearish market sentiment persisted.
  • Prices were consistent in Delhi and Ludhiana, while spinning mills worked to maintain rates amidst low demand.
  • The retail sector shows no signs of upcoming improvement.
  • In Panipat, recycled yarn prices also remained stable.

The Delhi market experienced stability in cotton yarn prices. Buyers were purchasing cotton yarn for their immediate needs. According to trade sources, demand from the downstream industry is unlikely to improve in the next couple of weeks as both export and domestic demand may remain limited. However, spinning mills were attempting to maintain cotton yarn prices at current levels.

Today, in Delhi, ** count combed knitting yarn traded at &#****;***-*** (approximately $*.**-*.**) per kg (excluding GST), ** count combed at &#****;***-*** (approximately $*.**-*.**) per kg, ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, and ** count carded at &#****;***-*** (approximately $*.**-*.**) per kg, as per market sources.

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