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Yarn prices stable in north India as new cotton arrives in Haryana

16 Sep '24
5 min read
Yarn prices stable in north India as new cotton arrives in Haryana
Yarn prices stable in north India as new cotton arrives in Haryana

Insights

  • Cotton yarn prices in northern India remained stable despite weak demand and rising cotton costs in Delhi and Ludhiana.
  • Buyers were hesitant to make new deals, though demand is expected to increase post-monsoon and during the festival season.
  • New cotton arrivals began in Haryana, with limited movement in prices.
  • In Panipat, recycled polyester fibre prices rose due to PET bottle shortages.

Meanwhile, new cotton arrivals have begun in a few Haryana mandis. In Panipat, India’s home textile hub, recycled polyester fibre prices increased by &#****;* per kg due to a shortage of PET bottle fibre, while cotton comber prices widened due to increased supply. However, recycled cotton yarn prices remained stable.

Delhi market noticed steadiness in cotton yarn prices amid poor demand. Buyers were silent for fresh deals as they are still lacking confidence.  A trader from Delhi told Fibre2Fashion, “Buyers were cautious as they don’t see sudden rise in demand from weaving industry. But the demand may improve after return of monsoon. There is possibility of strong buying in October when festival season will reach in full gear.”

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