Cotton yarn prices up in Ludhiana as demand improves in north India

Ludhiana reported improved demand for cotton yarn, with mills attempting to raise prices for the past few weeks. A trader from Ludhiana told Fibre2Fashion, “Cotton yarn demand has not been deterred by the price rise, indicating stronger demand from the consumer industry. However, India’s textile exports may face challenges in the current environment as global cotton prices soften. This will make Indian cotton, yarn and related products more expensive compared to those produced in other countries.”

In Ludhiana, 30 count cotton combed yarn was sold at ₹257-267 (~$2.98-3.09) per kg (inclusive of GST); 20 and 25 count combed yarn were traded at ₹247-257 (~$2.86-2.98) per kg and ₹252-262 (~$2.92-3.04) per kg, respectively; and carded yarn of 30 count was noted at ₹237-242 (~$2.75-2.80) per kg today, according to trade sources.

Better demand was also observed in the Delhi market, though prices remained unchanged. According to market sources, prices are expected to rise in the coming days, as rising cotton prices are making yarn production more expensive. Mills are facing pressure as downstream demand continues to be subdued.

In Delhi, 30 count combed knitting yarn was traded at ₹257-258 (~$2.98-2.99) per kg (GST extra), 40 count combed at ₹282-283 (~$3.27-3.28) per kg, 30 count carded at ₹231-233 (~$2.68-2.70) per kg, and 40 count carded at ₹256-258 (~$2.97-2.99) per kg today.

Recycled yarn demand improved later in the week, with traffic restrictions on roads leading to western Uttar Pradesh and nearby regions easing following the completion of the Kanwar Yatra. Traders reported that demand for coloured recycled yarn was stronger compared to grey and black variants. Coloured recycled yarn is mainly used in domestic furnishings such as curtains, bed sheets, flooring and similar products. Prices for recycled yarn remained largely stable across most counts and varieties. Cotton comber and recycled polyester fibre were also traded at steady prices.

In Panipat, 10s recycled PC yarn (Grey) was traded at ₹75-78 (~$0.87-0.90) per kg (GST paid). Other varieties and counts were noted at 10s recycled PC yarn (Black) at ₹60-65 (~$0.70-0.75) per kg, 20s recycled PC yarn (Grey) at ₹101-103 (~$1.17-1.19) per kg and 30s recycled PC yarn (Grey) at ₹130-135 (~$1.51-1.56) per kg. Cotton comber prices were noted at ₹105-107 (~$1.22-1.24) per kg and recycled polyester fibre (PET bottle fibre) at ₹73-77 (~$0.85-0.89) per kg today.

In north India, cotton prices steadied today after rising late last week. Prices have increased by around ₹10–20 per maund (37.2 kg) over the past few days. Traders noted that despite the consistent price rise over the past two to three weeks, trade volume remained limited among private players. Ginners and stockists hold negligible cotton stocks. Spinning mills are sourcing cotton via auctions held by the Cotton Corporation of India (CCI).

Regarding the new crop, traders stated that cotton is progressing well in north Indian states—Rajasthan, Punjab and Haryana—though arrivals may be delayed by around two to three weeks due to earlier sowing delays and water scarcity.

Cotton arrivals in north India have now reduced to negligible levels, with only stocked cotton being traded. Cotton prices in Punjab ranged from ₹5,970-5,980 (~$69.18–69.30) per maund; in Haryana, ₹5,690–5,800 (~$65.93–67.21); and in upper Rajasthan, ₹5,980–6,000 (~$69.73–69.97). In lower Rajasthan, cotton was priced at ₹55,200–57,200 (~$69.30–69.53) per candy of 356 kg.

Disclaimer: The prices in this article are based on market sources and hence, readers are recommended to do their own research before making any decision. The publisher and their affiliates are not liable for any inaccuracies or actions taken based on this information.

ALCHEMPro News Desk (KUL)