North India's cotton yarn market sees mixed trends; Ludhiana prices up

In Ludhiana, the market noted an increase of ₹3-4 per kg for most varieties and counts. Buyers from the consumer industry wanted to book new deals, ensuring enough stock for the coming festival season. A trader from the Ludhiana market told Fibre2Fashion, “Stockists and the consumer industry wanted to maintain enough stocks before the festival season. Spinning mills were pushing hard to sell yarn at their card rates and were not keen to sell cotton yarn at lower prices.” 

The 30 count cotton combed yarn was sold at ₹264-274 per kg (GST inclusive); 20 and 25 count combed yarn were traded at ₹254-264 per kg and ₹258-268 per kg respectively; and carded yarn of 30 count was noted at 244-248 per kg in Ludhiana, according to Fibre2Fashion’s market insight tool TexPro. 

However, Delhi's market saw a steady trend in cotton yarn prices, receiving average demand from the domestic weaving industry and exporters. A trader from the Delhi market told F2F, “There was usual trade in cotton yarn as there was no change in the market fundamentals. Buyers were not keen to buy cotton yarn in large quantities. 

In Delhi, 30 count combed yarn was traded at ₹267-272 per kg (GST extra), 40 count combed at ₹297-302 per kg, 30 count carded at ₹237-242 per kg and 40 count carded at ₹267-272 per kg, as per TexPro. 

Panipat's market witnessed a steady trend in recycled yarn prices. Cotton comber and recycled fibre remained unchanged, with festival demand not specifically visible. However, normal average buying could not be ignored. 

There was no change in the prices of recycled yarn in Panipat. The 10s recycled PC yarn (Grey) was traded at ₹77-82 per kg (GST paid). Other varieties and counts were noted as 10s recycled PC yarn (Black) at ₹50-54 per kg, 20s recycled PC yarn (Grey) at ₹92-97 per kg and 30s recycled PC yarn (Grey) at ₹135-145 per kg. Comber prices were hovering at ₹125-127 per kg. Recycled polyester fibre (PET bottle fibre) was noted at ₹74-76 per kg. 

North Indian cotton prices showed mixed trends. Higher demand from spinning mills supported cotton prices in Rajasthan, improving them by ₹25 per maund of 37.2 kg. However, the natural fibre was traded steady in Punjab and Haryana. New cotton arrival was still slow in Haryana, but old cotton arrival increased as ginners and stockists were trying to clear their stock. The north Indian states received cotton of 1,300 bales of 170 kg, including 400 bales of new cotton. Haryana noted arrivals of 400 bales of new cotton and 600 bales of old cotton, while Rajasthan received 300 bales. There was no noticeable arrival in Punjab. Cotton was traded at ₹5,975-6,075 per maund of 37.2 kg in Punjab, ₹5,900-6,000 per maund in Haryana, and ₹6,200-6,300 per maund in upper Rajasthan, and at ₹58,500-60,000 per candy of 356 kg in lower Rajasthan. 

ALCHEMPro News Desk (KUL)