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North Indian cotton yarn faces weaker demand, prices ease in Ludhiana

In Panipat, recycled yarn, cotton comber, and recycled polyester fibre prices remained stable. However, the demand for home furnishing products has weakened post-Diwali, while blankets and winter clothing were in high demand.

Cotton yarn prices in Ludhiana dropped by &#****;* per kg across various counts and varieties, driven by falling cotton prices and subdued demand. Mills showed a willingness to sell their stock even at reduced prices due to declining production costs. A trader from Ludhiana remarked told Fibre2Fashion, “Summer demand has yet to pick up, as winter sales were lacklustre due to current weather conditions. A drop in temperature could spur demand for winter garments. Improved cash flow will encourage cotton yarn buyers. Mills are also reducing prices following the recent decline in cotton prices.”