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Multiple pressures hit north Indian cotton yarn, Delhi prices drop

01 Aug '24
4 min read
Multiple pressures hit north Indian cotton yarn, Delhi prices drop
Multiple pressures hit north Indian cotton yarn, Delhi prices drop

Insights

  • North India's cotton yarn trade is under pressure due to low demand and increased imports, leading to a ₹* per kg price drop in Delhi, though prices remained stable in Ludhiana.
  • Panipat also saw a decline in recycled polyester fibre and cotton comber prices, while recycled yarn prices stayed steady.
  • Traders expect demand to improve next week.

In the Delhi market, cotton yarn prices fell by &#****;* per kg due to weak demand. Despite sluggish demand, mills have been pressuring traders and stockists to fulfil previous orders, prompting them to lower prices to attract buyers. A trader in Delhi told Fibre2Fashion, "The market is still experiencing slow demand from the fabric and garment industry, but spinning mills are insisting on the lifting of cotton yarn as per previous orders. It prompted stockists and traders to ease cotton yarn prices to attract buyers."

In this market, ** 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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