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Mixed trends in north India cotton yarn market amid rising ICE cotton

Although Panipat’s recycled yarn remained stable amid average demand, its raw materials, such as cotton comber and recycled polyester fibre, showed fluctuations. Cotton comber gained &#****;*-* per kg in the last couple of days, but recycled polyester fibre eased by &#****;*-* per kg in the market. Traders reported that market sentiments remained unchanged, maintaining the stability of recycled yarn prices.

The Ludhiana market witnessed a rise of &#****;* per kg in cotton yarn prices. The market experienced different dynamics contributing to the price increase. A trader from Ludhiana told Fibre2Fashion, “Mills are not inclined to offer lower prices to buyers. Traders and stockists have exhausted their previously bought stocks, so they need to purchase cotton yarn at higher prices. Higher demand from the downstream industry also supported cotton yarn prices.”