Stability marks cotton yarn prices in north India as new year begins

There was limited buying of cotton yarn in the Ludhiana market of north India's Punjab state. Cotton yarn prices also held at the levels noted in the last week of 2024. A trader from the Ludhiana market told Fibre2Fashion, “Cotton yarn trade was limited on the second day of the new year. Buyers are expected to return next week. The slow exports of cotton yarn and fabric from India are the primary concerns of the market. The price disparity of Indian cotton could end only when global cotton prices trend upward."

In Ludhiana, 30 count cotton combed yarn was sold at ₹257-267 (approximately $3.00-3.11) per kg (inclusive of GST); 20 and 25 count combed yarn were traded at ₹247-257 (approximately $2.88-3.00) per kg and ₹252-262 (approximately $2.94-3.06) per kg, respectively; and carded yarn of 30 count was noted at ₹237-242 (approximately $2.76-2.82) per kg today, according to trade sources.

The Delhi market also noted stability in cotton yarn prices. According to market sources, cotton yarn demand may remain subdued as exports of yarn and fabric are not very encouraging. Indian cotton yarn and fabric may not attract overseas buyers. Bangladesh is a major buyer but the new political regime is still not favourable for Indian textile exporters. They are unable to explore new markets to offset their business losses in Bangladesh.

In Delhi, 30 count combed knitting yarn was traded at ₹260-262 (approximately $3.03-3.06) per kg (GST extra), 40 count combed at ₹282-290 (approximately $3.29-3.38) per kg, 30 count carded at ₹237-239 (approximately $2.76-2.76) per kg, and 40 count carded at ₹262-265 (approximately $3.06-3.09) per kg today.

India's home textile hub, Panipat, saw limited trade on the second day of the year 2025. It observed a steady trend in recycled yarn, recycled polyester fibre, and cotton combers. A trader from the market mentioned that summer items of home textiles might support the demand in the recycled yarn market. However, it is still unclear when the seasonal demand will pick up in the domestic market. Every year, demand increases for certain types of bed sheets.

In Panipat, 10s recycled PC yarn (Grey) was traded at ₹78-82 (approximately $0.91-0.96) per kg (GST paid). Other varieties and counts were noted at 10s recycled PC yarn (Black) at ₹53-56 (approximately $0.62-0.65) per kg, 20s recycled PC yarn (Grey) at ₹96-102 (approximately 1.11-1.19) per kg and 30s recycled PC yarn (Grey) at ₹130-135 (approximately $1.52-1.57) per kg. Cotton comber prices were noted at ₹102-108 (approximately $1.19-1.26) per kg and recycled polyester fibre (PET bottle fibre) at ₹78-80 (approximately $0.91-0.93) per kg today.

In north India, cotton prices were stable on the second day of the new year amid reduced arrivals. Cotton arrivals almost halved to around 10,000 bales from the mid-December figure. The peak arrivals were significantly lower than the previous years' peak of 30,000-35,000 bales. Traders said that reduced production accounted for the limited peak arrival this year. North India's cotton production may not exceed 30 lakh bales, with about 17 lakh bales already arrived in the market. Lower arrivals and government procurement supported seed cotton (Kapas) prices at ₹7,100-7,400 per quintal, which is close to the minimum support price (MSP).

North India's cotton arrival was 10,600 bales of 170 kg, comprising 600 bales in Punjab, 3,000 bales in Haryana, 3,500 bales in upper Rajasthan, and 3,500 bales in lower Rajasthan. Cotton prices in Punjab ranged from ₹5,500 to ₹5,520 (approximately $64.14-64.37) per maund of 37.2 kg, while in Haryana, prices ranged from ₹5,500 to ₹5,520 (approximately $64.14-64.37). In upper Rajasthan, cotton was priced between ₹5,520-₹5,540 (approximately $64.37-64.61) per maund. In lower Rajasthan, it was priced at ₹52,500 to ₹53,600 (approximately $612.24-625.07) per candy of 356 kg. Seed cotton was priced at ₹7,100-7,400 (approximately $82.80-86.30) per quintal of 100 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)