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North India's cotton yarn faces poor demand; fibre costlier

20 Apr '23
3 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • North Indian cotton yarn prices remained stable due to challenges in the textile value chain and weak demand from the weaving industry.
  • Spinners faced higher costs for natural fibres but couldn't pass on the increased production costs.
  • Imports of polyester spun yarn dampened market sentiment, and recycled yarn markets saw steady PC yarn prices.

In Ludhiana, the market had a bearish tone while cotton yarn prices stayed at previous levels. The garment industry shifted towards polyester spun yarn and PC yarn to manage production costs. A trader from Ludhiana&#**;s market told Fibre2Fashion, "Polyester spun yarn is being imported from Indonesia and other countries in large quantities. Garment units are shifting toward cheaper raw materials, expecting better margins from non-cotton garments." Cotton yarn prices remained unchanged. 

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** per kg (GST inclusive); ** and ** count combed yarn were traded at &#****;***-*** per kg and &#****;***-*** per kg respectively; and carded yarn of ** count was noted at &#****;***-*** per kg, according to Fibre2Fashion’s market insight tool TexPro. 

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