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North India's cotton yarn market steady amidst global disparities

19 Dec '24
4 min read
North India's cotton yarn market steady amidst global disparities
North India's cotton yarn market steady amidst global disparities

Insights

  • In north India, cotton yarn prices remain steady despite slow demand and global market disparities.
  • Prices are maintained at previous levels in Ludhiana and Delhi markets, with expectations of improved demand in January.
  • Panipat's cotton comber prices fell, while recycled yarn prices stayed stable.
  • Cotton prices dropped amid lower ICE cotton rates.

The Ludhiana market observed no major change in trading dynamics, with cotton yarn prices hovering around previous levels. A trader from the Ludhiana market told Fibre2Fashion, “Spinning mills are more dependent on domestic demand. Summer demand is still slow. Mills are trying to hold cotton yarn prices despite a fall in natural fibre prices.”

In Ludhiana, ** count cotton combed yarn was sold at &#****;***-*** (approximately $*.**-*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at &#****;***-*** (approximately $*.**-*.**) per kg and &#****;***-*** (approximately $*.**-*.**) per kg, respectively; and carded yarn of ** count was noted at &#****;***-*** (approximately $*.**-*.**) per kg today, according to trade sources.

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